Form 4: Tyler Technologies CFO Brian Miller Reports Stock Acquisition via Employee Plan

Tyler Technologies' Executive VP and CFO, Brian K. Miller, reported the acquisition of 8.6243 shares of common stock through an employee stock purchase plan, increasing his total beneficial ownership.

Summary

• Brian K. Miller, Executive VP and CFO of Tyler Technologies Inc. (TYL), reported a change in beneficial ownership.
• On June 30, 2025, Miller acquired 8.6243 shares of Common Stock at a price of $503.914 per share.
• The acquisition was made under the terms of the Tyler Technologies, Inc. 2004 Employee Stock Purchase Plan.
• Following the transaction, Miller's direct beneficial ownership stands at 13,780.9156 shares of Common Stock.
• Indirect beneficial ownership totals 19,337 shares, comprising 10,011 shares held by a family trust for which his spouse is the beneficiary and trustee, 4,583 shares held by a family trust for which one of his children is a beneficiary and he is the trustee, and 4,743 shares held by another family trust for which one of his children is a beneficiary and he is the trustee.

Sentiment

Score: 7

Explanation: The acquisition of shares by a key executive, even a small amount, through an employee stock purchase plan is generally viewed positively as it indicates continued alignment of management interests with shareholders and participation in company benefit programs.

Positives

• Executive VP and CFO Brian K. Miller acquired additional shares of Tyler Technologies common stock, indicating continued alignment with shareholder interests.
• The acquisition was made through the company's Employee Stock Purchase Plan, highlighting participation in employee benefit programs.

Negatives

• No explicit negatives are reported in this Form 4 filing.

Risks

• No specific risks are detailed in this Form 4 filing, as it primarily reports changes in beneficial ownership.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Management Comments

• No direct management comments or quotes are included in this Form 4 filing.

Industry Context

This Form 4 filing reports an individual insider transaction and does not provide broader industry context or trends.

Comparison to Industry Standards

• Not applicable, as this document reports an individual insider stock transaction and does not contain information for comparison to industry standards or specific comparable companies/projects.

Related Party Transactions

• Indirect beneficial ownership of 10,011 shares is held by a family trust for which the reporting person's spouse is the beneficiary and trustee.
• Indirect beneficial ownership of 4,583 shares is held by a family trust for which one of the reporting person's children is a beneficiary and the reporting person is the trustee.
• Indirect beneficial ownership of 4,743 shares is held by a family trust for which one of the reporting person's children is a beneficiary and the reporting person is the trustee.

Stakeholder Impact

• Shareholders: The acquisition of shares by a key executive, even a small amount, through an employee stock purchase plan may be interpreted as a positive signal of management's confidence in the company's future.
• Employees: The transaction highlights the availability and utilization of an Employee Stock Purchase Plan, which can be a positive aspect of employee benefits and engagement.

Next Steps

• No specific future actions, events, or milestones are mentioned in this Form 4 filing.

Key Dates

Keywords

Tyler Technologies, TYL, Brian K. Miller, SEC Form 4, Insider Trading, Stock Acquisition, Employee Stock Purchase Plan, Beneficial Ownership, CFO