TYL Form 4: Moore H. Lynn Jr. exercised 5,250 options and sold matching shares
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
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.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option | 5,250 | $0.00 | -- |
| Exercise | Common Stock | 5,250 | $205.66 | $1.08M |
| Sale | Common Stock | 469 | $583.1108 | $273K |
| Sale | Common Stock | 1,224 | $584.7075 | $716K |
| Sale | Common Stock | 532 | $585.4142 | $311K |
| Sale | Common Stock | 273 | $586.319 | $160K |
| Sale | Common Stock | 400 | $587.90 | $235K |
| Sale | Common Stock | 200 | $589.6725 | $118K |
| Sale | Common Stock | 400 | $591.295 | $237K |
| Sale | Common Stock | 352 | $592.0725 | $208K |
| Sale | Common Stock | 100 | $593.22 | $59K |
| Sale | Common Stock | 700 | $594.425 | $416K |
| Sale | Common Stock | 500 | $595.577 | $298K |
| Sale | Common Stock | 100 | $597.82 | $60K |
Footnotes (1)
- Acquired through the exercise of options. 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 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. 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 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 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 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. 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. 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. 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. 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. 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. Option has graded vesting. Dates exercisable will vary with each vesting tranche.
