[Form 4] Fair Isaac Corporation Insider Trading Activity

Rhea-AI Filing Summary

William J. Lansing, who is listed as President and CEO and a director of Fair Isaac Corporation (FICO), reported multiple transactions on 08/28/2025. He exercised 6,010 non-qualified stock options at an exercise price of $185.05 and acquired 6,010 shares. On the same date he reported sales totaling 6,010 shares executed in multiple trades at weighted-average prices reported as $1,500.2628, $1,501.2775, $1,502.9765, and two additional small lots at $1,503.35 and $1,505.17. Following these transactions the reporting person shows 42,138 shares held directly and indirect holdings of 313,351 shares in the Lansing Revocable Trust and 18,300 shares in a 2025 GRAT.

Positive

• Exercised 6,010 options at a disclosed exercise price of $185.05, which is clearly reported
• Detailed weighted-average sale prices provided in explanatory notes for the multiple trades
• Significant indirect ownership persists: 313,351 shares in the Lansing Revocable Trust and 18,300 shares in a GRAT

Negative

• Large same-day sale of 6,010 shares reduced direct holdings from 48,148 to 42,138
• High-value disposals executed across multiple trades at prices around $1,500–$1,505, indicating a substantial liquidity event

Insights

Financial Analyst

TL;DR: CEO exercised 6,010 options and sold 6,010 shares the same day, leaving meaningful indirect holdings.

The filing documents a same-day exercise of 6,010 non-qualified stock options at $185.05 with concurrent sales totaling 6,010 shares across multiple trades at reported weighted-average prices around $1,500–$1,505. The transactions reduced direct beneficial ownership from 48,148 to 42,138 shares while indirect ownership remains significant at 313,351 via a revocable trust plus 18,300 in a GRAT. For investors, this is a routine Section 16 disclosure of option exercise and disposition rather than an operational disclosure; it documents liquidity events by an insider and the persistence of large indirect positions.

Corporate Governance Expert

TL;DR: Transaction is a documented insider exercise and sale under a reported plan; large indirect holdings remain.

The Form 4 indicates the reporting person is subject to Rule 10b5-1 conditions per the checked box, and transactions were reported as executed in multiple trades with weighted-average sale prices disclosed in explanatory footnotes. The filing is complete with signature by an attorney-in-fact. From a governance standpoint, the filing provides the required transparency on insider activity and confirms substantial indirect ownership remains in estate planning vehicles.

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)
08/28/2025

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	08/28/2025		M		6,010	A	$185.05	48,148	D
Common Stock	08/28/2025		S		2,020	D	$1,500.2628(1)	46,128	D
Common Stock	08/28/2025		S		1,081	D	$1,501.2775(2)	45,047	D
Common Stock	08/28/2025		S		2,609	D	$1,502.9765(3)	42,438	D
Common Stock	08/28/2025		S		100	D	$1,503.35	42,338	D
Common Stock	08/28/2025		S		200	D	$1,505.17	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	08/28/2025		M			6,010	12/10/2019(4)	12/09/2025	Common Stock	6,010	$0.00	12,022	D

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $1,500.00 to $1,501.00. 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.

2. This transaction was executed in multiple trades at prices ranging from $1,501.01 to $1,501.96. 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 $1,502.27 to $1,503.23. 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 option vested in four equal annual installments commencing on this date.

Remarks:

	/s/ Carrie H. Darling, Attorney-in-fact	09/02/2025
	** 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

Who filed this Form 4 for FICO?

The Form 4 was filed by William J. Lansing, identified as President and CEO and a director.

What transactions were reported on 08/28/2025 for FICO (ticker FICO)?

The filing reports the exercise of 6,010 non-qualified stock options at $185.05 and sales totaling 6,010 shares executed in multiple trades on 08/28/2025.

What were the reported sale prices in the Form 4?

Weighted-average sale prices for the transactions are reported as $1,500.2628, $1,501.2775, $1,502.9765, $1,503.35, and $1,505.17.

How many shares does the reporting person hold after these transactions?

After the reported transactions the filing shows 42,138 shares held directly, 313,351 shares indirectly via the Lansing Revocable Trust, and 18,300 shares indirectly via the Lansing 2025 GRAT.

Were these transactions reported as pursuant to a Rule 10b5-1 plan?

Yes, the form includes a checked box indicating the transaction was made pursuant to a contract, instruction or written plan intended to satisfy Rule 10b5-1(c) conditions.