Form 4: Tyler Technologies Director Brenda Cline Exercises Options and Sells Shares
SEC Form 4 Filing
Director Brenda Cline exercised stock options and sold shares of Tyler Technologies on May 16, 2025.
Summary
- On May 16, 2025, Brenda Cline, a director of Tyler Technologies, exercised stock options to acquire 2,500 shares of common stock at a price of $167.14 per share.
- Simultaneously, Cline sold 2,500 shares of common stock at a price of $577.415 per share.
- Following these transactions, Cline directly owns 2,519 shares and indirectly owns 4,002 shares through a family limited partnership.
- The options exercised were part of a grant with graded vesting, expiring on May 10, 2027.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company directors.
Key Dates
| Date | Description |
|---|---|
| 05/10/2027 | Expiration date of the stock options |
| 05/16/2025 | Date of stock option exercise and share sale |
| 05/20/2025 | Date of signature on the Form 4 filing |
Keywords
Tyler Technologies, Director, Stock Options, Share Sale, Form 4, Beneficial Ownership, Cline, TYL
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