Form 4: Tyler Technologies CEO H. Lynn Moore Jr. Executes Stock Options and Sells Shares
SEC Form 4
H. Lynn Moore Jr., President and CEO of Tyler Technologies, exercised stock options and sold shares on August 6, 2024.
Summary
- On August 6, 2024, H. Lynn Moore Jr., the President and CEO of Tyler Technologies, exercised options to acquire 6,250 shares of common stock at a price of $213.35 per share.
- Following the exercise of these options, Moore sold a total of 6,250 shares in multiple transactions.
- The sales were executed at weighted average prices of $575.68 for 3,250 shares, $577.1358 for 1,900 shares, and $577.7895 for 1,100 shares.
- After these transactions, Moore directly owns 75,000 shares of Tyler Technologies common stock.
- Moore also holds options for 5,000 shares.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity. The CEO exercising options and selling shares is a common practice.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions and provides transparency to the market regarding the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the increased supply of shares in the market.
Key Dates
| Date | Description |
|---|---|
| 08/06/2024 | Date of stock option exercise and share sales |
| 06/01/2029 | Expiration date of options |
| 08/08/2024 | Date of signature by attorney-in-fact |
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