Form 4: Fair Isaac Corp Executive Vice President Thomas A. Bowers Executes Stock Option and Sells Shares
SEC Form 4
Executive Vice President of Fair Isaac Corp, Thomas A. Bowers, exercised stock options and sold a portion of his holdings on November 11, 2024.
Summary
- Thomas A. Bowers, an Executive Vice President at Fair Isaac Corp (FICO), engaged in multiple transactions involving the company's stock on November 11, 2024.
- He exercised non-qualified stock options to acquire 2,680 shares at a price of $506.91 per share.
- Following the option exercise, Mr. Bowers sold a total of 2,680 shares in multiple transactions at weighted average prices ranging from $2,331.1136 to $2,344.697 per share.
- The sales resulted in a reduction of his direct holdings of FICO common stock from 8,449 to 5,769 shares.
- The transactions were executed in multiple trades at varying prices, with the reported prices reflecting weighted averages.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of insider trading activity, which is neither positive nor negative in itself. It is a neutral event.
Industry Context
This is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It does not indicate any specific trend or event within the industry.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- The transactions are typical for executives who receive stock options as part of their compensation package.
- The sale of shares after exercising options is a common practice for executives to realize gains.
Stakeholder Impact
- The transactions may have a minor impact on the stock price due to the sale of shares by an executive, but this is likely to be minimal given the relatively small volume of shares sold compared to the overall market capitalization of the company.
Key Dates
| Date | Description |
|---|---|
| 1/5/2005 | Date of Thomas A. Bowers Revocable Trust U/A |
| 12/10/2021 | Date the non-qualified stock options became exercisable |
| 11/11/2024 | Date of stock option exercise and share sales |
| 11/13/2024 | Date of filing of the Form 4 |
| 12/09/2027 | Expiration date of the non-qualified stock options |
Keywords
FICO, Fair Isaac Corp, stock options, insider trading, executive stock sales, Thomas A. Bowers, Form 4
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