FICO CAO granted 237 restricted stock units
FAIR ISAAC CORP Chief Accounting Officer and Vice President Michael S. Leonard reported a new equity award and updated holdings.
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Form Type
4
Rhea-AI Filing Summary
FAIR ISAAC CORP Chief Accounting Officer and Vice President Michael S. Leonard reported a new equity award and updated holdings. On July 5, 2026, he received 237 restricted stock units (RSUs), each representing one share of Fair Isaac common stock, contingent on continued employment.
The RSUs vest in four equal annual installments commencing on the grant date, and vested shares will be delivered to him as soon as practicable after vesting. Following these updates, he directly holds 6,258.3852 shares of common stock, which include 12.617 shares acquired under the FICO Employee Stock Purchase Plan on February 27, 2026, plus the 237 RSUs as a separate derivative holding.
Insider Trade Summary
Grant/Award: 237 shares
Grant/Award
2 txns
Insider
Leonard Michael S
Role
CAO and Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 237 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 237 contracts (Direct);
Common Stock — 6,258.3852 shares (Direct)
Footnotes (4)
- F1. Includes 12.617 shares acquired under the FICO Employee Stock Purchase Plan on February 27, 2026.
- F2. Each restricted stock unit represents a right to receive one share of Fair Isaac common stock contingent upon continued employment.
- F3. The restricted stock units vest in four equal annual installments commencing on this date and vested shares will be delivered to the reporting person as soon as practicable thereafter.
- F4. No expiration date.
Key Figures
RSU grant: 237 RSUs
Common shares held: 6,258.3852 shares
ESPP shares included: 12.617 shares
+2 more
5 metrics
RSU grant
237 RSUs
Granted on July 5, 2026 to CAO and Vice President
Common shares held
6,258.3852 shares
Direct Fair Isaac common stock holding after reported transactions
ESPP shares included
12.617 shares
Acquired under FICO Employee Stock Purchase Plan on February 27, 2026
RSU vesting schedule
4 annual installments
RSUs vest in four equal annual installments commencing on grant date
RSU-to-share ratio
1:1
Each restricted stock unit represents one share of Fair Isaac common stock
Key Terms
Restricted Stock Units, FICO Employee Stock Purchase Plan, derivative security, continued employment
4 terms
Restricted Stock Units financial
"The restricted stock units vest in four equal annual installments commencing on this date"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FICO Employee Stock Purchase Plan financial
"Includes 12.617 shares acquired under the FICO Employee Stock Purchase Plan on February 27, 2026"
derivative security financial
"Restricted Stock Units reported as a derivative transaction with underlying common stock"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
continued employment financial
"represents a right to receive one share of Fair Isaac common stock contingent upon continued employment"
Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FICO executive Michael S. Leonard report on this Form 4?
Michael S. Leonard reported a grant of 237 restricted stock units. These RSUs are a form of equity compensation that convert into Fair Isaac common shares if employment conditions are met, and they vest over time rather than being an immediate stock purchase or sale.
How many restricted stock units did the FICO CAO receive and what do they represent?
He received 237 restricted stock units. Each RSU represents the right to receive one share of Fair Isaac common stock, contingent on continued employment, providing time-based equity compensation that aligns the executive’s interests with long-term shareholder value as the awards vest and settle into shares.
What is the vesting schedule for Michael S. Leonard’s 237 FICO restricted stock units?
The 237 restricted stock units vest in four equal annual installments commencing on the grant date. After each annual vesting date, the corresponding vested shares are delivered to him as soon as practicable, spreading the benefit of the award over several years of ongoing employment.
What does the footnote about the FICO Employee Stock Purchase Plan indicate?
The footnote explains that 12.617 of his reported common shares were acquired under the FICO Employee Stock Purchase Plan on February 27, 2026. This plan allows employees to purchase company stock, typically via payroll deductions, adding to his overall direct share ownership position.
Does this FICO Form 4 show any open-market stock purchases or sales by Michael S. Leonard?
The Form 4 shows a grant of 237 restricted stock units and updated holdings, but no open-market purchases or sales. One line reflects his common stock position, and another records the RSU award as a derivative security granted as compensation rather than market trading activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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