Form 4: FICO Executive Vice President Mark Scadina Sells Shares

Sentiment:

SEC Form 4


Executive Vice President, General Counsel, and Secretary of Fair Isaac Corporation (FICO), Mark R. Scadina, sold shares of FICO common stock on May 23 and 24, 2024.

Summary

  • Mark R. Scadina, an Executive Vice President, General Counsel, and Secretary at Fair Isaac Corporation (FICO), reported the sale of FICO common stock.
  • The transactions occurred on May 23 and May 24, 2024.
  • On May 23, 2024, Scadina sold 156 shares at $1,371, 249 shares at a weighted average price of $1,372.7163, and 18 shares at $1,373.685.
  • On May 24, 2024, Scadina sold 4,019 shares at a weighted average price of $1,371.2965, 291 shares at a weighted average price of $1,372.5204, 2,846 shares at a weighted average price of $1,374.316, and 154 shares at a weighted average price of $1,375.2439.
  • Following these transactions, Scadina directly owns 24,919 shares of FICO common stock and indirectly owns 85,081 shares through the Scadina Revocable Trust.

Sentiment

Score: 5

Explanation: This is a neutral event. An executive selling shares is a common occurrence and doesn't inherently indicate positive or negative sentiment. The size of the sale is relatively small compared to the total shares owned.

Industry Context

This is a routine disclosure of stock sales by a company executive, which is common in publicly traded companies. It doesn't necessarily indicate a negative outlook for the company.

Stakeholder Impact

  • The stock sale could have a minor impact on shareholders if it creates downward pressure on the stock price, although the volume of shares sold is unlikely to have a significant effect.

Key Dates

DateDescription
05/23/2024Date of first stock sale transaction
05/24/2024Date of second stock sale transaction
05/28/2024Date of signature on the Form 4 filing

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