Form 4: FICO Executive Vice President Mark Scadina Reports Stock Option Exercise and Sale
SEC Form 4 Filing
Executive Vice President Mark Scadina of Fair Isaac Corp (FICO) reports exercising stock options and selling shares on August 8, 2024.
Summary
- On August 8, 2024, Mark R Scadina, EVP, Gen. Counsel & Secretary of Fair Isaac Corp (FICO), exercised non-qualified stock options to acquire 3,500 shares of common stock at a price of $185.05 per share.
- Following the exercise, Scadina sold a total of 3,500 shares in multiple transactions at weighted average prices ranging from $1,712.0472 to $1,716.72.
- After these transactions, Scadina directly owns 19,919 shares of FICO common stock and indirectly owns 85,081 shares through the Scadina Revocable Trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives who receive stock options as part of their compensation. These transactions provide insight into management's perspective on the company's stock value.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 12/10/2019 | First vesting date of the non-qualified stock options. |
| 08/08/2024 | Date of transaction: exercise of stock options and sale of common stock. |
| 12/09/2025 | Expiration date of the non-qualified stock options. |
| 08/12/2024 | Date of signature on the Form 4 filing. |
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