Fair Isaac (NYSE: FICO) director McMorris receives equity grants and shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fair Isaac Corp director Marc F. McMorris reported equity compensation and an option-related share issuance. On March 4, 2026, he acquired 77 shares of common stock through the exercise or conversion of previously awarded restricted stock units at a stated price of $0.0000 per share.
He also received new derivative awards, including 136 and 254 non-qualified stock options and 99 restricted stock units, all held directly. Each restricted stock unit represents the right to receive one share of Fair Isaac common stock for continued board service, and one grant will vest on the date of the company’s 2027 Annual Shareholder Meeting. Following these transactions, McMorris directly owned 319 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
77 shares exercised/converted
Mixed
5 txns
Insider
MCMORRIS MARC F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 77 | $0.00 | -- |
| Grant/Award | Non-Qualified Stock Options (right to buy) | 136 | $0.00 | -- |
| Grant/Award | Non-Qualified Stock Options (right to buy) | 254 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 99 | $0.00 | -- |
| Exercise | Common Stock | 77 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Non-Qualified Stock Options (right to buy) — 136 shares (Direct);
Common Stock — 319 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 reporting person has elected to take his annual cash retainer in the form of stock options pursuant to the Corporation's Compensation Program for Non-Employee Directors. The grant will vest on the date of the Corporation's 2027 Annual Shareholder Meeting ("ASM").
FAQ
What did Fair Isaac (FICO) director Marc F. McMorris report in this Form 4?
Marc F. McMorris reported acquiring equity-based compensation and common shares. He exercised restricted stock units into 77 common shares and received new grants of non-qualified stock options and restricted stock units as part of his compensation for board service.
What new equity awards did Marc F. McMorris receive from Fair Isaac (FICO)?
McMorris received new non-qualified stock options and restricted stock units. The reported awards include grants of 136 and 254 non-qualified stock options and 99 restricted stock units, all held directly and reflecting compensation for his ongoing service on Fair Isaac’s board of directors.
How do Marc F. McMorris’s Fair Isaac (FICO) restricted stock units work?
Each restricted stock unit represents the right to one Fair Isaac share. The units convert into common stock contingent on continued service on the board. One grant is disclosed as vesting on the date of Fair Isaac’s 2027 Annual Shareholder Meeting, aligning vesting with director service.
Why did Marc F. McMorris receive stock options instead of cash at Fair Isaac (FICO)?
McMorris elected to receive his annual cash retainer in stock options. A footnote explains he chose stock options under Fair Isaac’s Compensation Program for Non-Employee Directors, replacing cash payments with option awards tied to the company’s equity for his board compensation.
What is Marc F. McMorris’s Fair Isaac (FICO) common stock holding after these transactions?
After the reported transactions, McMorris directly held 319 common shares. This total reflects the addition of 77 shares from restricted stock unit conversion, combined with previously held shares, as disclosed in the total shares following the non-derivative transaction entry.