Form 4: Tyler Technologies COO Exercises Options and Sells Shares
SEC Form 4 Filing
Chief Operating Officer Jeffrey David Puckett exercised stock options and sold shares of Tyler Technologies on July 31, 2024.
Summary
- On July 31, 2024, Jeffrey David Puckett, the Chief Operating Officer of Tyler Technologies, exercised stock options to acquire 5,993 shares of common stock at a price of $176.80 per share.
- Simultaneously, Puckett sold 5,993 shares of common stock at a price of $574.79 per share.
- Following these transactions, Puckett directly owns 4,674.9219 shares of Tyler Technologies common stock.
- He also continues to hold options for 5,993 shares.
Sentiment
Score: 5
Explanation: Neutral. This is a standard Form 4 filing, indicating routine transactions by an executive. It doesn't inherently suggest positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of insider transactions. It's common for executives to exercise stock options and sell a portion of the acquired shares for personal financial management.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Date of stock option exercise and share sale. |
| 08/02/2024 | Date of signature by attorney-in-fact. |
| 12/01/2025 | Expiration date of the options. |
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