Jack Henry CFO sells 20,000 shares

Kevin Williams nets $2.5 million on the transaction.

Jack Henry & Associates Inc. (Nasdaq: JKHY) Chief Financial Officer Kevin Williams recently sold 20,000 company shares, according to a U.S. Securities and Exchange Commission filing.

On June 1, Williams netted $2.5 million from the sale, according to an SEC filing issued yesterday.

Following the transaction, Williams held 23,314 direct Jack Henry shares and 10,869 indirect shares in a 401(k).

During fiscal 2017, Williams’ total compensation rose 10 percent to $1.7 million, according to past Springfield Business Journal reporting.

His trade this month was the first by a Jack Henry executive since March, when CEO David Foss and Chief Technology Officer Mark Forbis reported transactions with the SEC.

For its third quarter ended March 31, Jack Henry reported a 21 percent boost in earnings to $72.4 million.

JKHY shares hit a new high of $127.39 this morning. The company’s 52-week low is $98.16.