Form 4: Tyler Technologies Director Exercises Restricted Stock Units
SEC Form 4
Director Ronnie D. Hawkins Jr. exercised restricted stock units for Tyler Technologies common stock on May 9, 2025.
Summary
- On May 9, 2025, Ronnie D. Hawkins Jr., a director of Tyler Technologies Inc., exercised restricted stock units.
- This transaction involved the conversion of 518 restricted stock units into 518 shares of common stock.
- Following the transaction, Hawkins directly owns 2,519 shares of Tyler Technologies common stock.
Sentiment
Score: 5
Explanation: The document reports a routine transaction (exercise of stock options) by a company director, which is neither particularly positive nor negative.
Industry Context
Executive compensation and stock ownership are standard practices in publicly traded companies like Tyler Technologies to align management interests with shareholder value.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Reporting person was granted 518 restricted stock units, which vested 100% on the first anniversary of the grant date and were settled by the Issuer on such date, subject to the terms and conditions of the Issuer's 2018 Stock Incentive Plan. |
| 05/09/2025 | Director exercised restricted stock units. |
| 05/13/2025 | Date of Form 4 signature. |
Keywords
Form 4, Tyler Technologies, Restricted Stock Units, Director, Hawkins, TYL, Stock Options, Beneficial Ownership
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