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Director at Tyler Technologies (NYSE: TYL) exercises 452 RSUs and gets 762 new units

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

Rhea-AI Filing Summary

Tyler Technologies director Glenn A. Carter reported compensation-related equity activity. On May 6, 2026, 452 previously granted restricted stock units converted into 452 shares of common stock, increasing his direct holdings to 5,750 common shares. On May 5, 2026, he received a new grant of 762 restricted stock units, each representing a contingent right to one share of common stock. These RSUs vest 100% on the first anniversary of the grant date under the company’s Amended and Restated 2018 Stock Incentive Plan.

Positive

  • None.

Negative

  • None.
Insider Carter Glenn A
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 — 5,750 shares (Direct, null)
Footnotes (1)
  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.
RSUs converted 452 shares Restricted stock units converted to common stock on May 6, 2026
Common shares held 5,750 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 restricted stock unit converts into one share of common stock
Restricted Stock Unit financial
"Each 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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
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."
Form 4 Insider Transactions: What Each Field Means →
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*
Carter Glenn A
(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)5,750D
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(2)05/05/2026A762 (3) (3)Common Stock762$0762D
Restricted Stock Unit(2)05/06/2026M452 (4) (4)Common Stock452$00D
Explanation of Responses:
1. Restricted stock units convert into common stock on a one-for-one basis.
2. Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
3. 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.
4. 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Tyler Technologies (TYL) director Glenn A. Carter report in this Form 4?

Glenn A. Carter reported equity compensation activity, not market trading. 452 restricted stock units converted into 452 common shares, and he received a new grant of 762 restricted stock units that vest in full one year after the grant date.

How many Tyler Technologies (TYL) shares does Glenn A. Carter hold after these transactions?

After the reported transactions, Glenn A. Carter directly holds 5,750 shares of Tyler Technologies common stock. This reflects settlement of 452 restricted stock units into common shares, as disclosed, and does not include future shares that may be issued from unvested awards.

What new equity award did Glenn A. Carter receive from Tyler Technologies (TYL)?

He received a grant of 762 restricted stock units, each representing a contingent right to one share of Tyler Technologies 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.

Did Glenn A. Carter buy or sell Tyler Technologies (TYL) shares on the open market?

The filing does not show any open-market purchases or sales. It reports an exercise or conversion of 452 restricted stock units into common stock and a grant of 762 new restricted stock units, both structured as compensation-related equity transactions.

How do Glenn A. Carter’s restricted stock units in Tyler Technologies (TYL) work?

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