Director at Tyler Technologies (NYSE: TYL) receives new RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tyler Technologies director Margot Lebenberg reported routine equity compensation transactions. On May 6, 2026, 452 restricted stock units converted into 452 shares of common stock at $0.00 per share, increasing her direct common stock holdings to 970 shares.
These RSUs were originally granted on May 6, 2025 and vested 100% on the first anniversary of the grant date under the company’s Amended and Restated 2018 Stock Incentive Plan. On May 5, 2026, she also received a new grant of 762 restricted stock units, which are scheduled to vest 100% on the first anniversary of that grant, each representing a contingent right to receive one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
452 shares exercised/converted
Mixed
3 txns
Insider
Carter Margot Lebenberg
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 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Common Stock — 970 shares (Direct, null)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. 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.
Key Figures
RSUs converted: 452 shares
Common stock held: 970 shares
New RSU grant: 762 units
+1 more
4 metrics
RSUs converted
452 shares
Restricted stock units converted to common stock on May 6, 2026
Common stock held
970 shares
Direct common stock holdings after transactions
New RSU grant
762 units
Restricted stock units granted on May 5, 2026
RSU conversion ratio
1:1
Each RSU converts into one share of common stock
Key Terms
Restricted stock unit, Amended and Restated 2018 Stock Incentive Plan, vest 100%, contingent right
4 terms
Restricted stock unit financial
"On May 6, 2025, the reporting person was granted 452 restricted stock units"
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.
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"
vest 100% financial
"The restricted stock units vest 100% on the first anniversary of the date of grant"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
FAQ
What insider transactions did TYL director Margot Lebenberg report?
Director Margot Lebenberg reported equity compensation activity, including the conversion of 452 restricted stock units into common stock and a new grant of 762 restricted stock units. These are routine non-cash awards under Tyler Technologies’ Amended and Restated 2018 Stock Incentive Plan.
What restricted stock unit awards did Tyler Technologies (TYL) grant in this Form 4?
The Form 4 shows a new grant of 762 restricted stock units on May 5, 2026. Each unit represents a contingent right to receive one share of Tyler Technologies common stock, subject to full vesting on the first anniversary of the grant date under the stock incentive plan.
When do the new Tyler Technologies (TYL) restricted stock units vest?
The 762 restricted stock units granted on May 5, 2026 vest 100% on the first anniversary of the grant date. Settlement into common stock occurs at that time, subject to the terms and conditions of Tyler Technologies’ Amended and Restated 2018 Stock Incentive Plan.
Were there any open-market buys or sells by the TYL director in this filing?
No open-market buys or sells were reported. The transactions reflect the exercise and settlement of 452 previously granted restricted stock units and a new award of 762 restricted stock units. Both are non-cash, compensation-related events under Tyler Technologies’ equity incentive plan.