Form 4: Fair Isaac Corp CFO Steven P. Weber Transactions in Company Stock and Equity Awards
Executive Stock Transaction Disclosure
Fair Isaac Corp's CFO, Steven P. Weber, engaged in multiple transactions involving company stock and equity awards, including the vesting of restricted stock units, market share units, and performance share units.
Summary
- Steven P. Weber, the Executive Vice President & CFO of Fair Isaac Corp (FICO), had several transactions involving the company's stock.
- These transactions include the acquisition and disposal of common stock, as well as the vesting of restricted stock units, market share units, and performance share units.
- On December 9, 2024, Mr. Weber acquired 2,829 shares of common stock and disposed of 1,393 shares.
- On December 10, 2024, he acquired 365 shares and disposed of 180 shares.
- Various restricted stock units, market share units, and performance share units vested on December 9, 2024, and December 10, 2024.
- Shares were withheld by the company to cover taxes due upon vesting of these units.
Sentiment
Score: 7
Explanation: The document is neutral in tone and details routine executive stock transactions and equity vesting. It is a standard disclosure and does not indicate any positive or negative sentiment.
Positives
- The vesting of restricted stock units, market share units, and performance share units indicates that Mr. Weber is meeting the conditions of his employment agreements.
- The transactions show that Mr. Weber is actively involved in the company's equity programs.
Risks
- The document does not indicate any specific risks associated with these transactions.
- However, large volumes of stock transactions by executives can sometimes be perceived negatively by the market if not properly understood.
Future Outlook
The document outlines the vesting schedule for various equity awards, indicating future share deliveries to the reporting person as the units vest.
Industry Context
This type of filing is common for publicly traded companies and their executives, providing transparency into their stock transactions and equity compensation.
Comparison to Industry Standards
- The vesting schedules and types of equity awards (restricted stock units, market share units, performance share units) are standard practices for executive compensation in publicly traded companies.
- Companies like Equifax and TransUnion, which are also in the credit scoring and analytics industry, often use similar equity-based compensation structures for their executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect the standard equity compensation practices for executives.
- The vesting of equity awards incentivizes the executive to continue performing well for the company.
Key Dates
| Date | Description |
|---|---|
| 2021-12-10 | Date associated with vesting of restricted stock units. |
| 2022-12-10 | Date associated with vesting of restricted stock units. |
| 2023-12-09 | Date associated with vesting of restricted stock units. |
| 2024-12-09 | Date of multiple stock transactions and vesting of various equity awards. |
| 2024-12-10 | Date of additional stock transactions and vesting of restricted stock units. |
| 2024-12-11 | Date of the document's signature by Carrie H. Darling, Attorney-in-fact. |
| 2025-12-09 | Date associated with future vesting of restricted stock units. |
Keywords
Fair Isaac Corp, FICO, Steven P. Weber, stock transactions, restricted stock units, market share units, performance share units, equity awards, vesting
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