Form 4: Fair Isaac Executive Reports Stock Transactions and RSU Vesting

Fair Isaac Corp's President of Software, Nikhil Behl, reported the vesting and exercise of restricted stock units, along with a transfer of shares to a trust, as detailed in a recent SEC Form 4 filing.

Summary

• Nikhil Behl, President of Software at Fair Isaac Corp (FICO), reported stock transactions on July 5, 2025.
• Acquired 242 shares of FICO common stock through the exercise of Restricted Stock Units (RSUs) at a price of $0.00.
• 123 shares were withheld by Fair Isaac Corp for tax payments due at the vesting of the restricted stock units, at a price of $1,855.38 per share.
• 64 shares were transferred from direct ownership to the Trust of Nikhil Behl & Malvika Behl.
• Following these transactions, Nikhil Behl beneficially owns 15,424 shares of common stock indirectly through the Trust of Nikhil Behl & Malvika Behl, and 48.8491 shares directly.
• 725 Restricted Stock Units remain beneficially owned directly by Nikhil Behl.

Sentiment

Score: 5

Explanation: The document reports routine insider transactions related to executive compensation, specifically the vesting of Restricted Stock Units and associated tax withholding, which are standard and expected events.

Positives

• The vesting of 242 Restricted Stock Units and subsequent acquisition of common stock by President of Software Nikhil Behl demonstrates continued alignment of executive interests with shareholder value.

Negatives

• 123 shares were withheld by the company for tax obligations arising from the RSU vesting, which is a standard practice and not indicative of negative company performance.

Future Outlook

The Restricted Stock Units are scheduled to vest in four equal annual installments commencing on July 5, 2025, with vested shares to be delivered to the reporting person as soon as practicable thereafter.

Industry Context

This Form 4 filing details routine executive compensation activities, specifically the vesting and exercise of Restricted Stock Units, which is a common practice across the technology and financial services industries to align executive incentives with long-term company performance.

Related Party Transactions

• 64 shares of common stock were transferred from Nikhil Behl's direct ownership to the Trust of Nikhil Behl & Malvika Behl, representing a change in the form of beneficial ownership.

Stakeholder Impact

• Shareholders: The report details routine executive compensation, which is a standard practice for aligning management incentives with shareholder interests, with no direct impact on company operations or financial performance.

Next Steps

• Vested shares will be delivered to the reporting person as soon as practicable after each vesting installment.
• Remaining Restricted Stock Units will continue to vest in three subsequent equal annual installments after July 5, 2025.

Key Dates

Keywords

FICO, Fair Isaac, SEC Form 4, Insider Trading, Restricted Stock Units, RSU, Stock Vesting, Executive Compensation, Nikhil Behl