STOCK TITAN

Tyler Technologies (NYSE: TYL) director adds stock through RSU vesting and new grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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 Teed Andrew D.
Role null
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 -- -- --
Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct, null); Common Stock — 5,570 shares (Direct, null); Common Stock — 2,000 shares (Indirect, See footnote (2))
Footnotes (1)
  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.
RSUs vested into shares 452 shares Previously granted restricted stock units settled into common stock on May 6, 2026
New RSU grant 762 units Restricted stock units granted on May 5, 2026, vesting after one year
Direct common shares after transactions 5,570 shares Total directly held Tyler Technologies common stock following RSU settlement
Indirect trust holdings 2,000 shares Common shares held indirectly by a trust with shared voting and dispositive power
Exercise/Conversion transactions 1 transaction, 452 shares Exercise or conversion of derivative security into common stock
Restricted stock unit financial
"Restricted stock unit represents a contingent right to receive one share of Issuer common stock."
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."
Amended and Restated 2018 Stock Incentive Plan financial
"subject to the terms and conditions of the Issuer's Amended and Restated 2018 Stock Incentive Plan."
dispositive power financial
"Mr. Teed is deemed to have shared voting power and dispositive power."
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
SEC Form 4
FORM 4UNITED 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).
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*
Teed Andrew D.

(Last)(First)(Middle)
5101 TENNYSON PARKWAY

(Street)
PLANO TEXAS 75024

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TYLER TECHNOLOGIES INC [ TYL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/06/2026M452A(1)5,570D
Common Stock2,000ISee footnote (2)(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(3)05/05/2026A762 (4) (4)Common Stock762$0762D
Restricted Stock Unit(3)05/06/2026M452 (5) (5)Common Stock452$00D
Explanation of Responses:
1. Restricted stock units convert into common stock on a one-for-one basis.
2. 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.
3. Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
4. 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.
5. 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.
Randall G. Ray, attorney-in-fact05/06/2026
** Signature of Reporting PersonDate
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Andrew D. Teed report in this Tyler Technologies (TYL) Form 4?

Andrew D. Teed reported equity compensation-related transactions. Previously granted restricted stock units converted into 452 shares of common stock, and he also received a new grant of 762 restricted stock units that will vest after one year, subject to plan terms.

How many Tyler Technologies (TYL) shares does Andrew D. Teed hold directly after the Form 4 transactions?

After settlement of vested restricted stock units, Andrew D. Teed directly holds 5,570 shares of Tyler Technologies common stock. This reflects the addition of 452 shares received upon conversion of previously granted restricted stock units disclosed in the Form 4 filing.

What new restricted stock units did Andrew D. Teed receive from Tyler Technologies (TYL)?

On May 5, 2026, Andrew D. Teed received 762 restricted stock units from Tyler Technologies. Each unit represents a contingent right to one share of common stock and vests 100% on the first anniversary of the grant date, under the company’s 2018 Stock Incentive Plan.

When did Andrew D. Teed’s earlier Tyler Technologies restricted stock units vest and settle?

Restricted stock units granted to Andrew D. Teed on May 6, 2025 vested 100% on the first anniversary of that grant date. On that vesting date, they were settled into 452 shares of Tyler Technologies common stock in accordance with the company’s stock incentive plan.

What indirect Tyler Technologies (TYL) holdings are reported for Andrew D. Teed?

The Form 4 reports 2,000 Tyler Technologies common shares held indirectly through a trust. Andrew D. Teed and his wife are sole trustees of this trust and are deemed to share voting power and dispositive power over those indirectly held shares.

How do Tyler Technologies restricted stock units work for Andrew D. Teed?

Each restricted stock unit for Andrew D. Teed represents a contingent right to receive one share of Tyler Technologies common stock. Units generally vest 100% on the first anniversary of the grant date and are settled in shares under the company’s Amended and Restated 2018 Stock Incentive Plan.