Tyler Technologies (NYSE: TYL) director adds stock through RSU vesting and new grant
Rhea-AI Filing Summary
Teed Andrew D. reported acquisition or exercise transactions in this Form 4 filing.
Tyler Technologies director Andrew D. Teed reported equity compensation-related transactions in company stock. On May 6, 2026, previously granted restricted stock units vested and were settled into 452 shares of common stock, increasing his directly held common shares to 5,570.
On May 5, 2026, he received a new grant of 762 restricted stock units, each representing a contingent right to receive one share of common stock. These units vest 100% on the first anniversary of the grant date under the company’s Amended and Restated 2018 Stock Incentive Plan.
In addition to his direct holdings, the filing shows 2,000 common shares held indirectly through a trust where Mr. Teed and his wife serve as sole trustees with shared voting and dispositive power.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 452 | $0.00 | -- |
| Exercise | Common Stock | 452 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 762 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. Indirect shares include 2,000 shares owned by a trust in which Mr. Teed and his wife are sole trustees and for which Mr. Teed is deemed to have shared voting power and dispositive power. Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. The restricted stock units 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 Amended and Restated 2018 Stock Incentive Plan. On May 6, 2025, the reporting person was granted 452 restricted stock units, which vested 100% on the first anniversary of the grant date and were settled by the Issuer on such date, subject to the terms and conditions of the Issuer's Amended and Restated 2018 Stock Incentive Plan.