4/A: Tyler Technologies Executive Amends Form 4 Filing, Correcting Option Exercise Price

Tyler Technologies' Executive Chair, John S. Marr Jr., filed an amended Form 4 to correct the exercise price of 4,000 common stock options exercised on May 22, 2025, from $231.35 to $213.35.

Summary

• John S. Marr Jr., Executive Chair of the Board and Director of Tyler Technologies Inc. (TYL), filed an amended Form 4 (Form 4/A) with the SEC.
• The amendment was filed to correct an error in the original Form 4, specifically regarding the exercise price of common stock options.
• On May 22, 2025, Mr. Marr acquired 4,000 shares of common stock through the exercise of options.
• The correct exercise price for these shares is $213.35, which was previously reported incorrectly as $231.35.
• Following this transaction, Mr. Marr directly beneficially owns 10,983 shares of Tyler Technologies common stock.
• Additionally, Mr. Marr holds 2,875 unexercised derivative securities (options) with an expiration date of June 1, 2029, noting that these options have graded vesting.

Sentiment

Score: 5

Explanation: The document is a factual amendment to an insider transaction report, correcting a previously stated exercise price. It does not contain information that would significantly alter sentiment positively or negatively, beyond the routine nature of an insider exercising options.

Positives

• The exercise of options by an executive indicates continued confidence in the company's stock at the exercise price of $213.35.

Future Outlook

This filing is an amendment to an insider transaction report and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4/A filing is a standard regulatory disclosure of an insider's securities transaction and does not provide information relevant to broader industry trends or competitive analysis.

Related Party Transactions

• The document details the exercise of stock options by John S. Marr Jr., an Executive Chair of the Board and Director, which is considered a related party transaction.

Stakeholder Impact

• Shareholders: Provides transparency regarding insider stock ownership and transactions, confirming an executive's acquisition of shares at a specific price.

Key Dates

Keywords

Tyler Technologies, TYL, Form 4/A, Insider Trading, Stock Options, Beneficial Ownership, Executive Compensation, SEC Filing, John S. Marr Jr.