Tyler Technologies (TYL) CFO makes 90-share charitable stock gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tyler Technologies Executive VP and CFO Brian K. Miller reported a charitable stock gift. He made a bona fide gift transfer of 90 shares of Tyler Technologies common stock at a reported price of $0.00 per share, described as transfers to fund charitable gifts.
After this transaction, Miller directly owned 25,305.0038 shares of common stock. He also indirectly owned 13,695 shares through several family trusts, including 4,369 shares in a trust for his spouse and two trusts holding 4,583 and 4,743 shares for his children.
Positive
- None.
Negative
- None.
Insider Trade Summary
90 shares gifted
Mixed
2 txns
Insider
MILLER BRIAN K
Role
Executive VP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 90 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 25,305.004 shares (Direct, null);
Common Stock — 13,695 shares (Indirect, See footnote (2))
Footnotes (1)
- Transfers were to fund charitable gifts. Includes shares owned indirectly by the reporting person as follows: (a) 4,369 shares owned indirectly, which are owned by a family trust for which the reporting person's spouse is the beneficiary and trustee; (b) 4,583 shares owned indirectly, which are owned by a family trust for which one of the reporting person's children is a beneficiary and the reporting person is the trustee; and (c) 4,743 shares owned indirectly, which are owned by a family trust for which one of the reporting person's children is a beneficiary and the reporting person is the trustee.
Key Figures
Gifted shares: 90 shares
Direct holdings after transaction: 25,305.0038 shares
Indirect holdings after transaction: 13,695 shares
+4 more
7 metrics
Gifted shares
90 shares
Bona fide gift of common stock
Direct holdings after transaction
25,305.0038 shares
Common stock directly owned after gift
Indirect holdings after transaction
13,695 shares
Common stock indirectly owned via trusts
Spouse’s family trust shares
4,369 shares
Indirect ownership through spouse’s trust
First child’s trust shares
4,583 shares
Indirect ownership via child’s family trust
Second child’s trust shares
4,743 shares
Indirect ownership via another child’s trust
Gift transaction price
$0.00 per share
Reported price for 90-share gift
Key Terms
bona fide gift, indirectly owned, family trust, nature of ownership
4 terms
bona fide gift financial
"The transaction is coded as G, described as a bona fide gift."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirectly owned financial
"Includes shares owned indirectly by the reporting person as follows:"
family trust financial
"owned by a family trust for which the reporting person's spouse is the beneficiary and trustee"
nature of ownership financial
"nature_of_ownership: See footnote (2)"
FAQ
What insider transaction did Tyler Technologies (TYL) report for Brian K. Miller?
Tyler Technologies reported that Executive VP and CFO Brian K. Miller made a bona fide gift of 90 shares of common stock. The filing notes the transfer was to fund charitable gifts and was not an open-market sale or purchase.
What are Brian K. Miller’s direct holdings in Tyler Technologies (TYL) after the gift?
After the reported gift, Brian K. Miller directly held 25,305.0038 shares of Tyler Technologies common stock. This figure reflects his direct ownership position immediately following the 90-share charitable gift transaction disclosed in the Form 4.
What indirect Tyler Technologies (TYL) holdings does Brian K. Miller report?
Brian K. Miller reports indirect ownership of 13,695 shares of Tyler Technologies through family trusts. These include 4,369 shares in a trust for his spouse and two trusts holding 4,583 and 4,743 shares respectively for his children, where he serves as trustee.
Are Brian K. Miller’s Tyler Technologies (TYL) transactions open-market buys or sells?
The disclosed transaction is not an open-market buy or sell; it is a bona fide gift. The Form 4 shows transaction code G for 90 shares, indicating a gift transfer, and separately lists an indirect holding entry without any associated purchase or sale.