4/A: Tyler Technologies COO Corrects Form 4 Filing to Include Omitted Stock Sale

Jeffrey David Puckett, COO of Tyler Technologies, amends a previous Form 4 filing to include an omitted stock sale transaction from March 7, 2024.

Summary

• Jeffrey David Puckett, the Chief Operating Officer of Tyler Technologies, filed an amended Form 4 to correct an omission in a previous filing on March 11, 2024.
• The amendment includes a sale transaction of 872 shares of common stock at a price of $422.91 per share on March 7, 2024, which was initially left out.
• The corrected filing also updates the number of derivative securities beneficially owned following the reported transactions to account for incentive stock options.
• Following the transaction, Puckett directly owns 6,925.0368 shares of Tyler Technologies common stock.
• Puckett also exercised options to acquire 1,800 and 1,681 shares of common stock at exercise prices of $108.81 and $121.05 respectively.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it primarily involves correcting a previous omission in a regulatory filing. There are no indications of significant positive or negative implications for the company.

Negatives

• The original Form 4 filing on March 11, 2024, contained an omission of a stock sale transaction.

Industry Context

Form 4 filings are standard practice for reporting insider transactions, providing transparency to investors regarding the buying and selling activities of company executives and directors.

Stakeholder Impact

• The correction of the Form 4 filing ensures accurate information is available to shareholders and the public.

Key Dates