4/A: Tyler Technologies Executive Chair Exercises Stock Options, Corrects Previous Filing
SEC Form 4/A
John S. Marr Jr., Executive Chair of Tyler Technologies, exercised stock options and amended a previous filing to correct the reported number of derivative securities beneficially owned.
Summary
- On December 4, 2024, John S. Marr Jr., the Executive Chair of the Board of Tyler Technologies Inc., exercised stock options.
- This transaction involved 6,000 options at a price of $205.66.
- The options were exercisable beginning February 26, 2028, and relate to 6,000 shares of common stock.
- An amendment was filed on March 10, 2025, to correct an error in the original filing from December 6, 2024.
- The original filing incorrectly reported the number of derivative securities beneficially owned following the transaction as 4,542; the corrected number is 6,000.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock option exercises and a correction to a previous filing. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 12/04/2024 | Date of stock option exercise. |
| 12/06/2024 | Date of original filing (amended). |
| 02/26/2028 | Start date for option exercisability. |
| 03/10/2025 | Date of amended filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.