Form 4: Tyler Technologies Director Acquires Restricted Stock Units
SEC Form 4 Filing
Margot Lebenberg Carter, a director at Tyler Technologies, acquired 452 restricted stock units on May 6, 2025, which vest on the first anniversary of the grant date.
Summary
- On May 6, 2025, Margot Lebenberg Carter, a director of Tyler Technologies, acquired 452 restricted stock units.
- These restricted stock units vest 100% on the first anniversary of the grant date.
- Each restricted stock unit represents a contingent right to receive one share of Tyler Technologies common stock.
- The settlement of these units will be governed by the terms and conditions of Tyler Technologies' 2018 Stock Incentive Plan.
Sentiment
Score: 5
Explanation: The document reports a routine transaction (grant of restricted stock units) with no immediate positive or negative implications.
Future Outlook
The restricted stock units will vest and be settled according to the terms of Tyler Technologies' 2018 Stock Incentive Plan.
Industry Context
This is a standard transaction for directors of publicly traded companies, aligning their interests with those of shareholders through equity-based compensation.
Stakeholder Impact
- The acquisition of restricted stock units by a director aligns their interests with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/06/2025 | Date of transaction: Margot Lebenberg Carter acquired 452 restricted stock units. |
| 05/07/2025 | Date of report filing. |
Keywords
restricted stock units, Form 4, director, TYL, Tyler Technologies, acquisition
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