Form 4: Tyler Technologies CFO Gifts Shares for Charity
Insider Transaction Report
Tyler Technologies Executive VP and CFO Brian K. Miller reported gifting 275 shares of common stock for charitable purposes.
Summary
- Brian K. Miller, Executive VP and CFO of Tyler Technologies Inc. (TYL), reported a disposition of 275 shares of common stock.
- The transaction, dated December 9, 2025, was a gift to fund charitable contributions.
- The shares were transferred at a price of $0 per share.
- Following the transaction, Miller directly owns 18,147.9156 shares and indirectly owns 13,695 shares.
- Direct ownership now includes 5,642 shares previously held in a family trust where his spouse was the beneficiary and trustee.
- Indirect ownership is distributed across three family trusts for which his spouse or children are beneficiaries.
Sentiment
Score: 5
Explanation: A routine insider transaction reporting a charitable gift of shares, which is generally neutral for company valuation and operational outlook.
Positives
- Demonstrates philanthropic activity by a key executive.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Management Comments
- Transfers were to fund charitable gifts.
Industry Context
This is a routine insider transaction and does not provide specific insights into broader industry trends or competitive landscape for Tyler Technologies.
Related Party Transactions
- Indirect ownership includes shares held in family trusts where the reporting person's spouse or children are beneficiaries and/or the reporting person is a trustee.
Stakeholder Impact
- Shareholders: Minimal impact on overall share structure or company valuation due to the small number of shares involved.
- Charitable organizations: Beneficiaries of the gifted shares.
Key Dates
| Date | Description |
|---|---|
| 12/09/2025 | Date of transaction (disposition of shares) |
| 12/11/2025 | Date the Form 4 was signed by attorney-in-fact |
Recommendation
holdThis Form 4 reports a routine charitable gift of shares by an executive and does not provide new information that would alter the fundamental investment outlook for Tyler Technologies. The transaction is not indicative of a change in company performance or strategic direction, thus a 'hold' recommendation is maintained.
Keywords
Tyler Technologies, TYL, Form 4, insider transaction, stock gift, executive ownership, beneficial ownership
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