Form 4: FICO Director Exercises Options, Sells Shares

Fair Isaac Corp. Director Marc F. McMorris exercised stock options and subsequently sold an equal number of common shares on November 26, 2025.

Summary

• Director Marc F. McMorris of Fair Isaac Corp. (FICO) engaged in transactions involving the company's common stock on November 26, 2025.
• McMorris acquired 240 shares of common stock by exercising non-qualified stock options at an exercise price of $475.46 per share.
• Immediately following the acquisition, McMorris sold 240 shares of common stock at a price of $1,809.53 per share.
• After these transactions, McMorris directly owns 242 shares of common stock and 242 non-qualified stock options.
• The transactions were made pursuant to a Rule 10b5-1 plan.

Sentiment

Score: 6

Explanation: The director executed a profitable transaction by exercising options and selling shares at a significantly higher price. While a sale reduces direct equity, it is a common practice for option exercises, often for personal financial planning or diversification, and does not necessarily reflect a negative outlook on the company's future.

Positives

• Director Marc F. McMorris exercised stock options, indicating a realization of value from his equity compensation.
• The subsequent sale of shares at $1,809.53 per share, significantly higher than the exercise price of $475.46, demonstrates a substantial profit from the option exercise.

Negatives

• Director Marc F. McMorris sold 240 shares of common stock, which reduces his direct equity holdings in the company from these specific transactions.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The transaction provides transparency into insider holdings and activity, which can be a factor in investment decisions, though the volume of shares is relatively small.

Key Dates

Recommendation

This Form 4 details an insider transaction where a director exercised options and sold shares. While the transaction was profitable for the director, it does not provide sufficient fundamental information about the company's performance, strategic direction, or future prospects to warrant a change from a 'hold' position based solely on this filing. Investors should consider broader company financials and market conditions.

Keywords

FICO, Fair Isaac Corp, insider trading, Form 4, stock options, director, share sale, equity transaction, Rule 10b5-1