Director at Tyler Technologies (NYSE: TYL) granted 762 RSUs
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Tyler Technologies director Cecil W. Jones reported his initial ownership position. The filing shows direct holdings of 425 shares of common stock. On May 5, 2026, he was granted 762 restricted stock units that vest 100% on the first anniversary of the grant date under the 2018 Stock Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of Tyler Technologies common stock upon vesting and settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jones Cecil W.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 762 shares (Direct, null);
Common Stock — 425 shares (Direct, null)
Footnotes (1)
- On May 5, 2026, the reporting person was granted 762 restricted stock units, which vest 100% on the first anniversary of the date of grant and will be settled by the Issuer on such date, subject to the terms and conditions of the Issuer's 2018 Stock Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
Key Figures
Common stock held: 425 shares
Restricted stock units granted: 762 units
RSU conversion ratio: 1 share per unit
3 metrics
Common stock held
425 shares
Direct holdings reported by director Cecil W. Jones
Restricted stock units granted
762 units
Grant on May 5, 2026 under 2018 Stock Incentive Plan
RSU conversion ratio
1 share per unit
Each RSU is a contingent right to one common share
Key Terms
Restricted Stock Unit, contingent right, 2018 Stock Incentive Plan
3 terms
Restricted Stock Unit financial
"the reporting person was granted 762 restricted stock units, which vest 100% on the first anniversary"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Issuer common stock"
2018 Stock Incentive Plan financial
"subject to the terms and conditions of the Issuer's 2018 Stock Incentive Plan"
FAQ
What does the Tyler Technologies (TYL) Form 3 filing by Cecil W. Jones show?
The Form 3 shows that director Cecil W. Jones holds 425 shares of Tyler Technologies common stock and has been granted 762 restricted stock units. These RSUs vest in full one year after the May 5, 2026 grant date, subject to plan terms.
What restricted stock units were granted to Cecil W. Jones at Tyler Technologies (TYL)?
On May 5, 2026, Cecil W. Jones was granted 762 restricted stock units. These units vest 100% on the first anniversary of the grant date and will be settled in Tyler Technologies common stock, subject to the 2018 Stock Incentive Plan terms.
When will Cecil W. Jones’ Tyler Technologies (TYL) restricted stock units vest?
The 762 restricted stock units granted to Cecil W. Jones vest 100% on the first anniversary of the May 5, 2026 grant date. After vesting, they will be settled in common stock, assuming all conditions of the 2018 Stock Incentive Plan are satisfied.