Form 4: Tyler Technologies Director Brenda Cline Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Brenda Cline reported the acquisition and disposal of Tyler Technologies (TYL) common stock and restricted stock units.

Summary

  • Brenda Cline, a director at Tyler Technologies, filed a Form 4 detailing changes in her beneficial ownership of the company's securities.
  • On May 11, 2024, Cline disposed of 643 shares of common stock.
  • Cline also acquired 518 restricted stock units on May 9, 2024, which vest 100% on the first anniversary of the grant date.
  • These units convert into common stock on a one-for-one basis.
  • Cline indirectly owns 4,002 shares through a family limited partnership.
  • She disclaims beneficial ownership of these shares except to the extent of her pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by a company director, with no inherent positive or negative sentiment.

Key Dates

DateDescription
05/09/2024Acquisition of 518 restricted stock units
05/11/2024Disposal of 643 shares of common stock
05/13/2024Date of signature by attorney-in-fact

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