Form 4: FICO Director Marc F. McMorris Executes Stock Option and Sells Shares
SEC Form 4
Director Marc F. McMorris exercised stock options and sold shares of Fair Isaac Corp (FICO) on May 17, 2024.
Summary
- On May 17, 2024, Marc F. McMorris, a director of Fair Isaac Corp (FICO), exercised non-qualified stock options to acquire 1,600 shares of common stock at a price of $391.57 per share.
- Simultaneously, McMorris sold 541 shares at $1,412.352 per share and 1,059 shares at $1,413.63 per share.
- Following these transactions, McMorris directly owns 242 shares of FICO common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's future.
Industry Context
This is a routine disclosure of insider transactions, which are common and legal, but are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 03/03/2021 | Date Non-Qualified Stock Options were granted |
| 05/17/2024 | Date of transaction: exercising stock options and selling shares |
| 05/21/2024 | Date of report |
| 03/03/2027 | Expiration date of Non-Qualified Stock Options |
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