Tyler Technologies (NYSE: TYL) COO sells 8,500 exercised shares
Rhea-AI Filing Summary
Tyler Technologies, Inc. (TYL) reported that Chief Operating Officer Jeffrey David Puckett exercised stock options for 8,500 shares of common stock on August 24, 2026 at an exercise price of $143.42 per share and immediately sold 8,500 shares of common stock at $356.435 per share. The options, which had graded vesting and were scheduled to expire on December 1, 2026, now show 0 derivative shares remaining from this grant. The filing’s Rule 10b5-1 checkbox was not selected.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 8,500 shares ($1.81M approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Puckett Jeffrey David
Role
Chief Operating Officer
Sold
8,500 shs ($3.03M)
Approx. gross sale proceeds
$3.03M
Approx. exercise cost
$1.22M
Approx. pre-tax spread
$1.81M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option F2 | 8,500 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 8,500 | $143.42 | $1.22M |
| Sale | Common Stock | 8,500 | $356.435 | $3.03M |
Holdings After Transaction:
Option — 0 shares (Direct);
Common Stock — 7,783.6219 shares (Direct)
Footnotes (2)
- F1. Acquired through the exercise of stock options.
- F2. Option has graded vesting. Dates exercisable will vary with each vesting tranche.
Key Figures
Options exercised: 8,500 shares
Option exercise price: $143.42 per share
Common shares sold: 8,500 shares
+3 more
6 metrics
Options exercised
8,500 shares
Stock options exercised into common stock on August 24, 2026
Option exercise price
$143.42 per share
Exercise price of options for 8,500 underlying shares
Common shares sold
8,500 shares
Common stock sale reported on August 24, 2026
Sale price
$356.435 per share
Per-share price for 8,500 common shares sold
Option expiration date
December 1, 2026
Expiration date of the exercised option grant
Derivative shares remaining after exercise
0 shares
Total shares following transaction for the reported option position
Key Terms
derivative security, graded vesting, stock options
3 terms
derivative security financial
"transaction_action is described as a derivative exercise/conversion of a 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.
graded vesting financial
"Footnote states the option has graded vesting and dates exercisable vary"
stock options financial
"Footnote notes shares were acquired through the exercise of stock options"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
FAQ
What did TYL executive Jeffrey David Puckett report in this Form 4?
He reported exercising 8,500 stock options for Tyler Technologies, Inc. (TYL) common stock at an exercise price of $143.42 per share, and selling 8,500 shares of common stock at $356.435 per share on August 24, 2026.
What type of transactions were reported for TYL on August 24, 2026?
The transactions included a derivative exercise of stock options into 8,500 shares of Tyler Technologies common stock and a sale of 8,500 shares of common stock on the same date.
What were the exercise and sale prices in the TYL Form 4 filing?
The stock options were exercised at an exercise price of $143.42 per share, and the resulting common shares were sold at $356.435 per share, according to the Form 4 for Tyler Technologies, Inc. (TYL).
Were the reported TYL transactions under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox in the Form 4 for Tyler Technologies, Inc. (TYL) was not selected, indicating the filing does not affirm that these transactions were made pursuant to a Rule 10b5-1 trading plan.
What happened to the stock options exercised in the TYL Form 4?
The Form 4 shows an option for 8,500 underlying shares with an exercise price of $143.42 and an expiration date of December 1, 2026. After the exercise, the reported remaining balance for this option position is 0 shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
