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Jack Henry officers sell $2M in shares

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Two of Jack Henry & Associates’ (Nasdaq: JKHY) top executives this week sold 22,600 shares for more than $2 million in profits.

Chief Financial Officer Kevin Williams on Sept. 20 disposed of 20,000 shares at market prices to net $2.03 million, according to a U.S. Securities and Exchange Commission filing yesterday.

Following the transaction, Williams had 43,314 direct shares and 10,869 indirect shares through a 401(k).

Also on Sept. 20, Jack Henry Chief Technology Officer Mark Forbis sold 2,600 shares at roughly $101.16 apiece for $263,025. He also gifted 130 of his shares, according to a separate SEC filing.

Forbis now has 43,314 direct shares and 10,869 indirect shares through a 401(k).

The most recent trades follow actions last week by five officers — including Williams and Forbis — to buy or sell nearly 137,000 company shares.

JKHY shares were trading at $102.23 as of 10:15 a.m., compared with a 52-week range of $79 to $109.76.

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