Form 4: Tyler Technologies CEO H. Lynn Moore Jr. Executes Stock Options and Sells Shares
SEC Form 4 Filing
H. Lynn Moore Jr., President and CEO of Tyler Technologies, exercised stock options and sold shares on November 6, 2024, according to a Form 4 filing with the SEC.
Summary
- On November 6, 2024, H. Lynn Moore Jr., the President and CEO of Tyler Technologies, exercised stock options to acquire 6,250 shares of common stock at a price of $231.68 per share.
- Following the exercise of options, Moore sold a total of 5,040 shares of common stock in multiple transactions at prices ranging from $600.4986 to $623.215 per share.
- After these transactions, Moore directly owns 75,000 shares of Tyler Technologies common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard insider transaction disclosure and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions. It's common for executives to exercise stock options and sell a portion of the acquired shares for personal financial management.
Key Dates
| Date | Description |
|---|---|
| 11/06/2024 | Date of stock option exercise and share sales. |
| 06/01/2028 | Expiration date of the options exercised. |
| 11/08/2024 | Date of signature on the Form 4 filing. |
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