Form 4: Fair Isaac Corp Executive Vice President Sells Shares in Multiple Transactions

Executive Vice President of Fair Isaac Corp, James M Wehmann, sold a total of 3,257 shares of common stock on November 21, 2024, through multiple transactions at varying prices.

Summary

• James M Wehmann, an Executive Vice President at Fair Isaac Corp (FICO), sold 3,257 shares of the company's common stock on November 21, 2024.
• The sales were executed through multiple transactions at prices ranging from $2,297.5250 to $2,341.93 per share.
• The transactions were made under a pre-arranged 10b5-1 trading plan.
• Following these transactions, Wehmann's direct ownership of FICO common stock decreased to 48,895 shares.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock sales by an executive, which is neither positive nor negative in itself. It is a neutral event.

Risks

• Executive stock sales can sometimes be perceived negatively by the market, potentially impacting the stock price.

Industry Context

Insider trading activity is a normal part of the market, and this filing is a routine disclosure of an executive's stock sales. It is common for executives to use 10b5-1 plans to manage their stock sales.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting insider transactions in publicly traded companies, and this filing is consistent with those requirements.
• The use of a 10b5-1 trading plan is a common method for executives to sell shares while avoiding accusations of insider trading, and this is a typical example of such a plan in action.
• The volume of shares sold is not unusual for an executive of a company of this size.

Stakeholder Impact

• The stock sale may have a minor impact on the share price, but it is unlikely to have a significant effect on other stakeholders.

Key Dates

Keywords

FICO, Fair Isaac Corp, stock sale, insider trading, Form 4, James M Wehmann, executive vice president, 10b5-1 plan