Fair Isaac (NYSE: FICO) director reports RSU conversion and new option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fair Isaac Corp director Eva Manolis reported equity compensation-related transactions. She exercised 154 restricted stock units into 154 shares of common stock at a price of $0.00 per share, and received a grant of 508 non-qualified stock options.
Each restricted stock unit represents a right to receive one share of Fair Isaac common stock contingent on continued service on the board. The new stock option grant has no expiration date and will vest on the date of the corporation's 2027 Annual Shareholder Meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
154 shares exercised/converted
Mixed
3 txns
Insider
Manolis Eva
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 154 | $0.00 | -- |
| Grant/Award | Non-Qualified Stock Options (right to buy) | 508 | $0.00 | -- |
| Exercise | Common Stock | 154 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Non-Qualified Stock Options (right to buy) — 508 shares (Direct);
Common Stock — 498 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a right to receive one share of Fair Isaac common stock contingent upon continued service on the board. No expiration date. The grant will vest on the date of the Corporation's 2027 Annual Shareholder Meeting ("ASM").
FAQ
What insider transactions did Eva Manolis report for FICO on this Form 4?
Eva Manolis reported equity awards and an exercise. She converted 154 restricted stock units into 154 shares of Fair Isaac common stock and received a grant of 508 non-qualified stock options, all recorded at a per-share transaction price of $0.00.
What do the restricted stock units reported by Eva Manolis at FICO represent?
The restricted stock units represent a right to receive one share of Fair Isaac common stock per unit. This right is contingent on her continued service on the company’s board, aligning director compensation with long-term shareholder interests through share-based awards.
When will Eva Manolis’s new FICO stock option grant vest?
The new non-qualified stock option grant to Eva Manolis will vest on the date of Fair Isaac’s 2027 Annual Shareholder Meeting. Vesting tied to the shareholder meeting encourages continued board service during the full period leading up to that 2027 governance event.
Did the FICO director stock options reported have an expiration date?
The filing notes that the reported non-qualified stock options have no expiration date. This means the options remain outstanding indefinitely, subject to any separate plan or agreement terms governing exercisability and service requirements for the Fair Isaac director award.
Were these FICO insider transactions open-market buys or sells?
These transactions were not open-market buys or sells. They consist of equity compensation events: an exercise or conversion of restricted stock units into common stock and a grant of non-qualified stock options, all recorded at a $0.00 transaction price per share.