Form 4: Tyler Technologies COO Jeffrey Puckett Executes Stock Options and Sells Shares
SEC Form 4
Chief Operating Officer of Tyler Technologies, Jeffrey Puckett, exercised stock options and sold shares of common stock on February 27 and 28, 2025.
Summary
- Jeffrey Puckett, the Chief Operating Officer of Tyler Technologies, exercised stock options to acquire common stock on February 27 and 28, 2025.
- On February 27, 2025, he exercised options for 5,034 shares at a price of $154.85 per share and sold 3,595 shares at an average price of $610.3071, 397 shares at an average price of $611.6, 200 shares at an average price of $613.8275, 800 shares at an average price of $614.495 and 42 shares at an average price of $615.5953.
- On February 28, 2025, he exercised options for 3,466 shares at a price of $154.85 per share and sold 956 shares at an average price of $602.1487, 267 shares at an average price of $603.1025, 850 shares at an average price of $604.1529, 969 shares at an average price of $606.3246, 210 shares at an average price of $607.4205 and 214 shares at an average price of $608.1935.
- Following these transactions, Puckett directly owns 4,691.3904 shares of Tyler Technologies common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions. There is no inherent positive or negative sentiment.
Industry Context
This is a routine disclosure of insider trading activity. It is common for executives to exercise stock options and sell a portion of the acquired shares for personal financial management.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Puckett exercised stock options for 5,034 shares and sold 3,595, 397, 200, 800 and 42 shares. |
| 02/28/2025 | Puckett exercised stock options for 3,466 shares and sold 956, 267, 850, 969, 210 and 214 shares. |
| 03/03/2025 | Date of signature by Randall G. Ray, attorney-in-fact. |
| 06/01/2026 | Expiration date of the options exercised. |
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