Form 4: Fair Isaac Corp Insider Trades Common Stock

Michael S. Leonard, CAO and Vice President of Fair Isaac Corp (FICO), reported a transaction involving the acquisition of 237 Restricted Stock Units on July 5, 2026.

Summary

• Michael S. Leonard, identified as CAO and Vice President of Fair Isaac Corp (FICO), has filed a Form 4 statement detailing a transaction.
• The transaction, dated July 5, 2026, involved the acquisition of 237 Restricted Stock Units (RSUs).
• These RSUs represent a right to receive one share of Fair Isaac common stock upon continued employment.
• The RSUs vest in four equal annual installments starting from July 5, 2026, with vested shares to be delivered thereafter.
• Leonard also acquired 12.617 shares under the FICO Employee Stock Purchase Plan on February 27, 2026.
• Following these transactions, Leonard beneficially owns 6,258.3852 shares of common stock directly.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it represents routine executive compensation and stock acquisition rather than a significant strategic event or a sale of shares.

Positives

• Insider acquisition of equity through Restricted Stock Units indicates management confidence and alignment with shareholder interests.
• Acquisition of shares through an Employee Stock Purchase Plan suggests ongoing participation in company growth by management.
• Direct beneficial ownership of a significant number of shares (6,258.3852) by a key executive (CAO and VP).

Future Outlook

The vesting of restricted stock units over four years suggests a long-term incentive structure for the reporting person, aligning their future compensation with continued employment and company performance.

Industry Context

StockSavvy.ai notes that insider transactions, particularly the acquisition of equity through RSUs and ESPPs, are common within the software and data analytics industry as a method to attract, retain, and incentivize key talent. This filing reflects standard practice for executive compensation and alignment with shareholder value.

Stakeholder Impact

• Shareholders: The acquisition of equity by management through RSUs and ESPP can be viewed positively, indicating management's commitment and alignment with long-term shareholder value.
• Employees: The existence of an Employee Stock Purchase Plan and RSU grants suggests a culture of employee ownership and incentive, potentially boosting morale and retention.

Next Steps

• Vesting of restricted stock units in four equal annual installments commencing July 5, 2026.
• Delivery of vested shares to the reporting person as soon as practicable after vesting.

Key Dates

Keywords

Fair Isaac Corp, FICO, Form 4, Insider Trading, Restricted Stock Units, Employee Stock Purchase Plan, Beneficial Ownership, Michael S. Leonard, CAO, Vice President