Form 4: Tyler Technologies Executive VP and CFO Brian K. Miller Sells Shares
SEC Form 4
Brian K. Miller, Executive VP and CFO of Tyler Technologies, sold 2,500 shares of common stock on March 8, 2024.
Summary
- On March 8, 2024, Brian K. Miller, the Executive VP and CFO of Tyler Technologies, sold 2,500 shares of the company's common stock.
- The sales were executed in two transactions, with 1,300 shares sold at a weighted average price of $420.7742 and 1,200 shares sold at a weighted average price of $421.8004.
- Following these transactions, Miller directly owns 16,159.5582 shares and indirectly owns 26,781 shares.
- The indirectly owned shares are held in family trusts for the benefit of his spouse and children.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock sales by an executive. The volume of shares sold is not significant enough to indicate a major concern.
Industry Context
This is a routine disclosure of insider trading activity. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of stock sale transactions |
| 03/12/2024 | Date of signature by attorney-in-fact |
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