Manolis Eva 4

What Happened
Eva Manolis, a director of Fair Isaac Corp (FICO), exercised 520 stock options on Feb 25, 2026 (cost/basis reported at $247.82 per share, $128,866 total) and sold the resulting 520 shares the same day in the open market for a weighted-average price of $1,227.63 per share (proceeds reported $638,368). The filing shows a corresponding derivative conversion/disposition entry consistent with an exercise-plus-immediate-sale (cashless-style) transaction.

Key Details

• Transaction date: 2026-02-25 (reported on Form 4 filed 2026-02-27) — appears timely (within the typical 2-business-day window).
• Option exercise: 520 shares acquired at $247.82 each (total $128,866).
• Sale: 520 shares sold at weighted-average $1,227.63 each (total proceeds $638,368). Footnote: trades executed at prices ranging $1,227.63–$1,228.6299; weighted average reported.
• A derivative disposition line (520 shares @ $0) reflects conversion/disposition of the exercised award.
• Shares owned after the transaction: not specified in the provided excerpt.
• No 10b5-1 plan, gift, or tax-withholding note disclosed in the provided data.

Context
This is a common insider liquidity event: exercising options and selling the shares immediately converts option value to cash. Such sales are routine for covering exercise costs, taxes, or diversification and do not by themselves indicate management’s long-term view of the company.