Form 4: Tyler Technologies CFO Sells Shares in Open Market Transactions

Brian K. Miller, Executive VP and CFO of Tyler Technologies Inc., reported the sale of 1,200 shares of common stock for approximately $696,700 in open market transactions.

Summary

• Brian K. Miller, Executive VP and CFO of Tyler Technologies Inc. (TYL), reported transactions on June 13, 2025.
• He disposed of 477 shares of Common Stock at a weighted average price of $580.1958 per share, with prices ranging from $579.79 to $580.62.
• He also disposed of an additional 723 shares of Common Stock at a weighted average price of $581.0686 per share, with prices ranging from $580.98 to $581.40.
• Following these transactions, Mr. Miller directly beneficially owns 14,495.2913 shares of Common Stock.
• Additionally, Mr. Miller indirectly owns 19,337 shares of Common Stock through various family trusts: 10,011 shares by a family trust where his spouse is the beneficiary and trustee, 4,583 shares by a family trust where one of his children is a beneficiary and he is the trustee, and 4,743 shares by another family trust where one of his children is a beneficiary and he is the trustee.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing disclosing an insider stock sale, which is a routine event and does not inherently indicate positive or negative company performance or outlook. It's a disclosure of a personal financial transaction.

Negatives

• An insider sale, while common for personal financial planning, reduces the direct ownership stake of a key executive in the company.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The sale by a key executive might be noted by investors, but the relatively small volume compared to total holdings suggests minimal direct impact on shareholder confidence or company strategy.

Key Dates

Keywords

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