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Fair Isaac (NYSE: FICO) director McMorris receives equity grants and shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MCMORRIS MARC F

(Last) (First) (Middle)
5 WEST MENDENHALL
SUITE 105

(Street)
BOZEMAN MT 59715

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FAIR ISAAC CORP [ FICO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/04/2026 M 77 A $0.00 319 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 03/04/2026 M 77 03/04/2026 (2) Common Stock 77 $0.00 0 D
Non-Qualified Stock Options (right to buy) $1,464.01 03/04/2026 A 136 03/04/2026(3) 03/03/2033 Common Stock 136 $0.00 136 D
Non-Qualified Stock Options (right to buy) $1,464.01 03/04/2026 A 254 (4) 03/03/2033 Common Stock 254 $0.00 254 D
Restricted Stock Units (1) 03/04/2026 A 99 (4) (2) Common Stock 99 $0.00 99 D
Explanation of Responses:
1. Each restricted stock unit represents a right to receive one share of Fair Isaac common stock contingent upon continued service on the board.
2. No expiration date.
3. 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.
4. The grant will vest on the date of the Corporation's 2027 Annual Shareholder Meeting ("ASM").
Remarks:
/s/ Carrie H. Darling, Attorney-in-fact 03/06/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many Fair Isaac (FICO) common shares did Marc F. McMorris acquire?

Marc F. McMorris acquired 77 Fair Isaac common shares through the exercise or conversion of restricted stock units. These shares were reported at a stated transaction price of $0.0000 per share and increased his directly held common stock position reported in the filing.

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.
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United States
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