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Jack Prim sells 10,700 shares to net more than $1 million.
Jack Prim sells 10,700 shares to net more than $1 million.

Jack Henry exec conducts large stock sale

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Jack Henry & Associates Inc.’s (Nasdaq: JKHY) second executive stock move of the year took place late last week.

Executive Chairman Jack Prim sold 10,700 shares at $94.07 apiece. That equates to a payout of over $1 million, according to a March 9 U.S. Securities and Exchange Commission filing.

The company’s only other stock move this year under an SEC Form 4 filing was on Jan. 3, when board member Matthew Flanigan was awarded 1,756 shares.

Last month, the Monett-based financial industry software firm posted fiscal 2017 second-quarter profits of $58.8 million, a 1 percent dip.

JKHY shares were trading at $94.59 as of 8:55 a.m., compared with a 52-week range of $79 to $95.37.

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