[Form 4] Tyler Technologies, Inc. Insider Trading Activity

Rhea-AI Filing Summary

MOORE H LYNN JR, who is listed as a Director and President and CEO of Tyler Technologies, reported option exercise and share sales on 08/11/2025. He acquired 5,250 shares through exercise of options at an exercise price of $205.66 per share and sold 5,250 shares in multiple transactions at weighted average sale prices ranging from $583.11 to $597.82 per share (broken out across several tranches in the filing).

As a result of these transactions the filing shows direct beneficial ownership decreasing from 87,025.4172 shares to 81,775.4172 shares. The sales were executed automatically under a Rule 10b5-1 trading plan adopted by the reporting person on March 6, 2025. The option referenced carries a conversion/exercise price of $205.66 and the filing states it has graded vesting with exercisable dates that vary by tranche.

Positive

• Sales were executed under a Rule 10b5-1 trading plan adopted March 6, 2025, indicating pre-arranged execution as stated in the filing
• Reporting person retained substantial direct ownership after the transactions: 81,775.4172 shares remain beneficially owned

Negative

• Direct beneficial ownership decreased by 5,250 shares, from 87,025.4172 to 81,775.4172
• 5,250 shares were sold across multiple tranches on 08/11/2025, reducing the reporting person’s stake as shown in the filing

Insights

Financial Analyst

TL;DR: Routine option exercise paired with scheduled 10b5-1 sales; insider ownership declined by 5,250 shares, likely not a singularly material event.

The Form 4 reports an option exercise of 5,250 shares at $205.66 and contemporaneous sales of 5,250 shares across multiple tranches on 08/11/2025, with reported weighted average sale prices per tranche between $583.11 and $597.82. Reported direct beneficial ownership fell from 87,025.4172 to 81,775.4172 shares. The filing explicitly states these sales were executed under a Rule 10b5-1 plan adopted March 6, 2025, indicating pre-arranged execution rather than ad hoc trading. No other financial metrics or corporate actions are reported in this filing.

Corporate Governance Expert

TL;DR: Transactions were automatic under a 10b5-1 plan and the filing discloses graded option vesting; disclosure aligns with routine insider reporting practices.

The Form 4 discloses that the reporting person exercised options (conversion/exercise price $205.66) and sold the resulting shares the same day. The filing notes the trades "occurred automatically pursuant to a Rule 10b5-1 trading plan adopted on March 6, 2025," which the company has disclosed. The form also documents the change in direct beneficial ownership (from 87,025.4172 to 81,775.4172 shares) and states the option has graded vesting. All material facts about the transactions appear to be disclosed in the filing without omitted transaction details.

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^*

MOORE H LYNN JR

(Last) (First) (Middle)

5101 TENNYSON PARKWAY

(Street)

PLANO TX 75024

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TYLER TECHNOLOGIES INC [ TYL ]

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)
08/11/2025

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	08/11/2025		M		5,250	A	$205.66(1)	87,025.4172	D(2)
Common Stock	08/11/2025		S		469	D	$583.1108(3)	86,556.4172	D(2)
Common Stock	08/11/2025		S		1,224	D	$584.7075(4)	85,332.4172	D(2)
Common Stock	08/11/2025		S		532	D	$585.4142(5)	84,800.4172	D(2)
Common Stock	08/11/2025		S		273	D	$586.319(6)	84,527.4172	D(2)
Common Stock	08/11/2025		S		400	D	$587.9(7)	84,127.4172	D(2)
Common Stock	08/11/2025		S		200	D	$589.6725(8)	83,927.4172	D(2)
Common Stock	08/11/2025		S		400	D	$591.295(9)	83,527.4172	D(2)
Common Stock	08/11/2025		S		352	D	$592.0725(10)	83,175.4172	D(2)
Common Stock	08/11/2025		S		100	D	$593.22	83,075.4172	D(2)
Common Stock	08/11/2025		S		700	D	$594.425(11)	82,375.4172	D(2)
Common Stock	08/11/2025		S		500	D	$595.577(12)	81,875.4172	D(2)
Common Stock	08/11/2025		S		100	D	$597.82	81,775.4172	D(2)

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
Option	$205.66	08/11/2025		M			5,250	(13)	02/26/2028	Common Stock	5,250	$0	69,250	D(2)

Explanation of Responses:

1. Acquired through the exercise of options.

2. The transactions reported in this Form 4 occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 6, 2025

3. Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $583.00 to a high of $583.85 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth with respect to this transaction and all sale transactions reported in this Form 4.

4. Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $584.21 to a high of $585.19 per share, inclusive

5. Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $585.21 to a high of $585.68 per share, inclusive

6. Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $586.30 to a high of $586.35 per share, inclusive

7. Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $587.72 to a high of $588.08 per share, inclusive.

8. Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $589.665 to a high of $589.68 per share, inclusive.

9. Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $590.68 to a high of $591.50 per share, inclusive.

10. Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $591.74 to a high of $592.51 per share, inclusive.

11. Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $594.25 to a high of $594.815 per share, inclusive.

12. Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $595.46 to a high of $595.68 per share, inclusive.

13. Option has graded vesting. Dates exercisable will vary with each vesting tranche.

	Randall G. Ray, attorney-in-fact	08/13/2025
	** 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).
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FAQ

What did MOORE H LYNN JR report on the Form 4 for Tyler Technologies (TYL)?

The filing reports an exercise of 5,250 options at $205.66 per share and the sale of 5,250 shares in multiple transactions on 08/11/2025.

How many shares were sold and what price ranges were reported?

A total of 5,250 shares were sold across multiple tranches with weighted average sale prices shown per tranche ranging from $583.11 to $597.82.

Were the transactions part of a pre-arranged trading plan?

Yes. The filing states the transactions "occurred automatically pursuant to a Rule 10b5-1 trading plan" adopted on March 6, 2025.

How did these transactions change the insider's ownership?

Direct beneficial ownership reported in the form fell from 87,025.4172 shares to 81,775.4172 shares following the transactions.

What was the exercise price of the options exercised?

The conversion/exercise price reported for the option exercised is $205.66 per share.

Is there any information about vesting for the options?

Yes. The filing notes the option has graded vesting and that exercisable dates vary with each vesting tranche.