[144] Tyler Technologies, Inc. SEC Filing
Tyler Technologies (TYL) filed a Form 144 reporting a proposed sale of 4,000 common shares through Fidelity Brokerage Services on the NYSE with an aggregate market value of $2,242,608.82. The filing lists 43,261,810 shares outstanding for the issuer. The securities to be sold are shown as acquired via options granted on 12/01/2019 with an acquisition/sale date noted as 09/09/2025 and cash as the payment method. The filer also discloses two prior sales by the same person in the past three months: 4,000 shares on 06/09/2025 for $2,289,654.40 and 4,250 shares on 08/28/2025 for $2,360,995.15. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.
- Disclosure compliance: The filer provided required details on the proposed sale, acquisition method, and recent insider sales.
- Transparency on prior sales: Two recent sales in the past three months are reported with dates and gross proceeds, aiding investor monitoring.
- None.
Insights
TL;DR: Small insider dispositions relative to outstanding shares; disclosure appears routine and compliant.
The Form 144 reports a proposed disposition of 4,000 common shares with an aggregate market value of $2.24 million. Against 43.26 million shares outstanding, the proposed sale is immaterial from a dilution or float perspective (~0.009%). The filer also reported two recent sales (4,000 and 4,250 shares) generating roughly $2.29M and $2.36M respectively. From a market-impact standpoint these transactions are unlikely to affect valuation materially; they are primarily of interest for transparency and insider activity monitoring.
TL;DR: Filing documents insider sales and asserts absence of undisclosed material information; procedural compliance is evident.
The notice identifies the securities as option-originated (options granted 12/01/2019) and states cash payment. The filing includes the statutory attestation about no undisclosed material adverse information, consistent with Form 144 requirements. No relationship to the issuer or additional contextual governance disclosures are provided in the content supplied, limiting assessment of whether these sales are part of planned trading programs or routine option exercises.