[Form 4] Fair Isaac Corporation Insider Trading Activity

Rhea-AI Filing Summary

William J. Lansing, President and Chief Executive Officer of Fair Isaac Corporation (FICO), reported changes in his beneficial ownership on 09/09/2025. He exercised 6,011 non-qualified stock options with an exercise price of $185.05 per share and, on the same date, sold 6,011 common shares in a series of transactions executed at weighted-average sale prices reported between about $1,531.86 and $1,544.13 (individual weighted averages are shown in the filing). After these transactions his direct beneficial ownership is reported as 42,138 shares. The filing also discloses indirect beneficial ownership of 313,351 shares held by the Lansing Revocable Trust and 18,300 shares held by the Lansing 2025 GRAT. The form is signed by an attorney-in-fact on 09/11/2025.

Positive

• Substantial indirect ownership remains: 313,351 shares held by the Lansing Revocable Trust and 18,300 shares held by the Lansing 2025 GRAT

Negative

• Direct holdings decreased following the reported sales: direct beneficial ownership reported as 42,138 shares after the transactions

Insights

Securities Analyst

TL;DR: Insider exercised options and sold the resulting shares; overall direct holdings declined while significant indirect holdings remain.

The Form 4 shows an exercise of 6,011 non-qualified stock options at $185.05 and contemporaneous sales of 6,011 common shares executed in multiple trades with weighted-average sale prices reported in the filing (see numbered explanations). Direct beneficial ownership is recorded at 42,138 shares after the transactions. From a trading-impact perspective, these are routine insider option exercises and sales disclosed under Section 16; the disclosure does not include any additional context such as purpose of sale or use of proceeds, and no derivative holdings beyond the exercised options remain reported.

Corporate Governance Expert

TL;DR: Routine exercise-and-sale transaction by a CEO/director; significant indirect ownership through trusts remains.

The filing identifies William J. Lansing as both an officer (President and CEO) and a director. The transaction pattern—option exercise followed by multiple block sales recorded at weighted-average prices—matches common practices for meeting tax or liquidity needs after option vesting. The filing explicitly reports substantial indirect holdings: 313,351 shares in the Lansing Revocable Trust and 18,300 in a 2025 GRAT, which indicate continued material economic exposure despite the reported sales. No amendments, disciplinary actions, or other governance issues are disclosed in this Form 4.

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).

X

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^*

LANSING WILLIAM J

(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
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
09/09/2025

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	09/09/2025		M		6,011	A	$185.05	48,149	D
Common Stock	09/09/2025		S		420	D	$1,532.066(1)	47,729	D
Common Stock	09/09/2025		S		1,686	D	$1,533.6707(2)	46,043	D
Common Stock	09/09/2025		S		640	D	$1,534.8393(3)	45,403	D
Common Stock	09/09/2025		S		160	D	$1,535.705	45,243	D
Common Stock	09/09/2025		S		230	D	$1,537.0961(4)	45,013	D
Common Stock	09/09/2025		S		1,097	D	$1,539.7313(5)	43,916	D
Common Stock	09/09/2025		S		764	D	$1,541.0908(6)	43,152	D
Common Stock	09/09/2025		S		497	D	$1,541.9209(7)	42,655	D
Common Stock	09/09/2025		S		337	D	$1,543.7977(8)	42,318	D
Common Stock	09/09/2025		S		180	D	$1,544.77	42,138	D
Common Stock								313,351	I	Lansing Revocable Trust
Common Stock								18,300	I	Lansing 2025 Grantor Retained Annuity Trust (GRAT)

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
Non-Qualified Stock Options (right to buy)	$185.05	09/09/2025		M			6,011	12/10/2019(9)	12/09/2025	Common Stock	6,011	$0.00	6,011	D

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $1,531.8550 to $1,532.55. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

2. This transaction was executed in multiple trades at prices ranging from $1,533.03 to $1,534.00. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

3. This transaction was executed in multiple trades at prices ranging from $1,534.3650 to $1,535.17. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

4. This transaction was executed in multiple trades at prices ranging from $1,536.8450 to $1,537.67. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

5. This transaction was executed in multiple trades at prices ranging from $1,539.3550 to $1,540.3075. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

6. This transaction was executed in multiple trades at prices ranging from $1,540.7350 to $1,541.5650. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

7. This transaction was executed in multiple trades at prices ranging from $1,541.80 to $1,542.02. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

8. This transaction was executed in multiple trades at prices ranging from $1,543.1550 to $1,544.13. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

9. This option vested in four equal annual installments commencing on this date.

Remarks:

	/s/ Carrie H. Darling, Attorney-in-fact	09/11/2025
	** 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 William J. Lansing report on Form 4 for FICO?

He reported exercising 6,011 non-qualified stock options at $185.05 per share and selling 6,011 common shares on 09/09/2025 in multiple trades with weighted-average sale prices disclosed in the filing.

How many FICO shares does Lansing beneficially own after the transactions?

The filing reports 42,138 shares held directly following the transactions, plus indirect holdings of 313,351 (Lansing Revocable Trust) and 18,300 (Lansing 2025 GRAT).

What prices were the sold FICO shares executed at?

The sales were executed in multiple trades with weighted-average sale prices reported in the filing (individual entries show prices around $1,532.07 to $1,544.13; detailed ranges for each sale are provided in the filing explanations).

Did the Form 4 indicate an amendment or multiple filers?

No. The form indicates the transaction date as 09/09/2025, it is filed by one reporting person, and there is no amendment date reported.

Who signed the Form 4 and when?

The filing is signed by Carrie H. Darling, Attorney-in-fact on 09/11/2025.