Form 4: Tyler Technologies CFO Sells Over 1,000 Shares of Common Stock

Brian K. Miller, Executive VP and CFO of Tyler Technologies Inc. (TYL), reported the sale of 1,044 shares of common stock on June 12, 2025, at a weighted average price of $587.2043 per share.

Summary

• Brian K. Miller, the Executive VP and CFO of Tyler Technologies Inc. (TYL), executed a sale of 1,044 shares of the company's common stock.
• The transaction occurred on June 12, 2025, with shares sold at a weighted average price of $587.2043.
• The sale price ranged from a low of $586.95 to a high of $587.49 per share.
• Following this transaction, Mr. Miller directly beneficially owns 14,972.2913 shares of common stock.
• Additionally, Mr. Miller indirectly beneficially owns 19,337 shares through various family trusts: 10,011 shares via a family trust where his spouse is the beneficiary and trustee, 4,583 shares via a family trust for one child where he is the trustee, and 4,743 shares via another family trust for a different child where he is the trustee.

Sentiment

Score: 5

Explanation: The document is a routine SEC Form 4 filing disclosing an insider stock sale, which is a factual report and does not inherently convey positive or negative sentiment about the company's performance or outlook.

Negatives

• The sale of shares by a key executive like the CFO could be perceived by some investors as a lack of confidence, although it is a routine disclosure and the reasons for the sale are not disclosed in the filing.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• The document details indirect beneficial ownership of 19,337 shares through family trusts, including one where the reporting person's spouse is the beneficiary and trustee, and two others where the reporting person's children are beneficiaries and the reporting person is the trustee. These represent related party holdings rather than transactions.

Stakeholder Impact

• Shareholders may note the sale of shares by a key executive, which is a standard disclosure for insider transactions.

Key Dates

Keywords

Tyler Technologies, TYL, Insider Trading, Form 4, Stock Sale, Executive VP, CFO, Brian K. Miller, Beneficial Ownership