STOCK TITAN

Tyler Technologies (NYSE: TYL) director exercises options, sells 1,624 shares

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

Rhea-AI Filing Summary

Tyler Technologies director Glenn A. Carter exercised stock options and sold shares of common stock. On March 12, 2026, he exercised options for 1,624 and 2,126 shares of common stock at an exercise price of $146.92 per share, ahead of their May 11, 2026 expiration.

On the same date, he sold 1,624 shares of common stock at $349.14 per share in an open-market transaction. After these transactions, he directly owns 5,298 shares of Tyler Technologies common stock, and the option positions reported here have been fully exercised.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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 TX 75024

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TYLER TECHNOLOGIES INC [ TYL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 03/12/2026 M 1,624 A $146.92(1) 4,796 D
Common Stock 03/12/2026 M 2,126 A $146.92(1) 6,922 D
Common Stock 03/12/2026 S 1,624 D $349.14 5,298 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option $146.92 03/12/2026 M 1,624 (2) 05/11/2026 Common Stock 1,624 $0 2,126 D
Option $146.92 03/12/2026 M 2,126 (2) 05/11/2026 Common Stock 2,126 $0 0 D
Explanation of Responses:
1. Acquired through the exercise of stock options.
2. Option has graded vesting. Dates exercisable will vary with each vesting tranche.
Randall G. Ray, attorney-in-fact 03/16/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transactions did Glenn A. Carter report for Tyler Technologies (TYL)?

Glenn A. Carter reported exercising stock options and selling shares of Tyler Technologies common stock. He exercised options for 3,750 shares and sold 1,624 shares in an open-market transaction, combining compensation-related activity with a partial share sale.

How many Tyler Technologies (TYL) shares did Glenn A. Carter sell and at what price?

Glenn A. Carter sold 1,624 shares of Tyler Technologies common stock. The sale occurred at a price of $349.14 per share in an open-market transaction on March 12, 2026, as disclosed in the Form 4 insider trading report.

How many Tyler Technologies (TYL) shares did Glenn A. Carter acquire through option exercises?

Glenn A. Carter acquired 3,750 shares of Tyler Technologies common stock through option exercises. He exercised options for 1,624 shares and 2,126 shares at an exercise price of $146.92 per share, converting derivative holdings into directly owned common stock.

What are Glenn A. Carter’s Tyler Technologies (TYL) holdings after these transactions?

Following the reported transactions, Glenn A. Carter directly owns 5,298 shares of Tyler Technologies common stock. The Form 4 indicates these are direct holdings, reflecting his position after exercising stock options and selling 1,624 shares in the open market.

Were the Tyler Technologies (TYL) transactions by Glenn A. Carter option exercises?

Yes. The Form 4 shows Glenn A. Carter exercised stock options coded as “M,” indicating derivative exercises. He exercised options for 1,624 and 2,126 underlying shares at $146.92 per share, then sold 1,624 of the resulting common shares in the open market.

Do the reported Tyler Technologies (TYL) trades exhaust Glenn A. Carter’s options in this filing?

For the options shown, the filing indicates they were fully exercised. One option entry shows 2,126 derivative shares with total shares following the transaction at zero, and the derivative position summary is empty, indicating no remaining option holdings from these specific grants.
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