Form 4: Fair Isaac CEO Exercises and Sells Stock Options Under Pre-Arranged Plan

Fair Isaac Corp's President and CEO, William J. Lansing, executed a pre-planned transaction on June 10, 2025, exercising stock options and immediately selling the acquired shares.

Summary

• On June 10, 2025, William J. Lansing, President and CEO of Fair Isaac Corp (FICO), exercised 6,010 non-qualified stock options at an exercise price of $185.05 per share.
• Concurrently, Mr. Lansing sold all 6,010 shares of common stock acquired from this option exercise in multiple transactions.
• The sale prices for the common stock ranged from a weighted average of $1,733.93 to $1,778.8822 per share.
• These transactions were conducted pursuant to a Rule 10b5-1(c) contract, instruction, or written plan, indicating a pre-arranged trading strategy.
• Following these transactions, Mr. Lansing directly holds 42,138 shares of FICO common stock.
• Additionally, Mr. Lansing indirectly owns 331,651 shares through the Lansing Revocable Trust.
• He also retains 24,043 unexercised non-qualified stock options.

Sentiment

Score: 5

Explanation: The document is a routine Form 4 filing detailing an executive's pre-planned stock option exercise and sale. It provides factual information about beneficial ownership changes and does not contain information that would significantly alter the company's fundamental outlook or imply strong positive or negative sentiment beyond the neutral nature of a pre-arranged transaction.

Positives

• The transactions were executed under a Rule 10b5-1 plan, which indicates a pre-scheduled and systematic approach to liquidity or diversification, rather than a reaction to new, undisclosed information.
• The exercise of options at a low strike price relative to the sale price demonstrates significant value realization for the executive.

Negatives

• The sale of 6,010 shares by the CEO reduces his direct beneficial ownership in the company.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing details a routine insider transaction for an executive at Fair Isaac Corp, a leading data analytics and credit scoring company. Such transactions are common in the industry for executive compensation and personal financial planning, often executed under pre-arranged trading plans.

Stakeholder Impact

• Shareholders: The transaction represents a reduction in direct insider ownership, which is a common occurrence for executive liquidity and diversification. The pre-planned nature under Rule 10b5-1 mitigates concerns about insider sentiment.
• Employees: No direct impact on employees is indicated by this filing.
• Customers: No direct impact on customers is indicated by this filing.
• Suppliers: No direct impact on suppliers is indicated by this filing.
• Creditors: No direct impact on creditors is indicated by this filing.

Key Dates

Keywords

Fair Isaac Corp, FICO, SEC Form 4, Insider Trading, Stock Options, Executive Compensation, Rule 10b5-1, Beneficial Ownership, Common Stock