Fair Isaac Corp (FICO) officer reports 714 market share units from 2025 performance vesting
Rhea-AI Filing Summary
Fair Isaac Corp officer reports vesting of performance-based stock units. A company officer serving as President, Software filed a Form 4 for Fair Isaac Corp (FICO) reporting the acquisition of 714 market share units on 12/03/2025. These derivative securities have a conversion price of $0.00 and are settled in Fair Isaac common stock.
The 714 units represent the earned portion of a performance award originally granted on December 9, 2023 for 1,184 target market share units. The award vests in three equal annual installments based on the company’s satisfaction of performance criteria for periods ending November 30, 2024, 2025 and 2026, and the 2025 criteria were met. Following this transaction, the officer beneficially owns 394 derivative securities directly.
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Insights
Routine vesting of 714 performance-based units for FICO officer.
The filing shows a Fair Isaac Corp officer receiving 714 market share units tied to a prior performance grant. Each earned unit can convert into one share of common stock at a conversion price of $0.00, which is standard for stock unit awards that settle in shares rather than requiring a cash exercise.
The award stems from a December 9, 2023 grant of 1,184 target units that vest in three equal annual installments, subject to performance criteria for periods ending November 30, 2024, 2025 and 2026. The company reports that the 2025 performance criteria were met, triggering the 714-unit vesting recorded on 12/03/2025. After this event, the officer holds 394 derivative securities directly, indicating continued equity alignment but representing a routine compensation development rather than a thesis-changing event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Market Share Units | 714 | $0.00 | -- |
Footnotes (1)
- Each earned market share unit represents a right to receive one share of Fair Isaac common stock contingent upon continued employment. On December 9, 2023, the reporting person was granted a target award of 1,184 market share units. The award vests in three equal annual installments from the grant date based on the Company's satisfaction of certain performance criteria for each of the performance periods ending November 30, 2024, 2025, 2026. The performance criteria for 2025 were met, resulting in the award of market share units being reported herein. No expiration date.