Weber Steven P. 4
4 · FAIR ISAAC CORP · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
FICO CFO Steven Weber Receives 706 Shares via RSU Vesting
What Happened
Steven P. Weber, Executive Vice President & Chief Financial Officer of Fair Isaac Corporation (FICO), had 706 restricted stock units (RSUs convertable to common shares) vest on May 15, 2026. All 706 RSUs were converted to shares (transaction code M). To cover tax withholding obligations, 310 of those shares were surrendered (transaction code F) at a reported value of $1,098.59 per share, totaling $340,563. The net result was delivery of 396 shares to Mr. Weber; no cash exercise price was paid.
Key Details
- Transaction date: May 15, 2026; Form 4 filed May 19, 2026 (filed within the usual 2-business-day window).
- Converted/vested: 706 RSUs → 706 shares (code M).
- Tax withholding: 310 shares withheld/disposed (code F) at $1,098.59/share = $340,563.
- Net shares delivered to insider: 396 shares.
- Footnotes: RSUs represent rights to one share each (F2); vesting is in four equal annual installments commencing on this date (F3); withheld shares used to pay taxes (F1); no expiration (F4).
- Shares owned after the transaction: not specified in this filing.
Context
This was a routine vesting of RSUs rather than an open-market buy or discretionary sale. The M code reflects conversion/exercise of a derivative (the RSUs) into shares; the F code reflects shares withheld to satisfy tax withholding — a common practice that does not necessarily signal a change in insider sentiment. This filing is informational for investors tracking insider equity compensation and routine share delivery.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-05-15+706→ 3,227.961 total - Tax Payment
Common Stock
[F1]2026-05-15$1098.59/sh−310$340,563→ 2,917.961 total - Exercise/Conversion
Restricted Stock Units
[F2][F3][F4]2026-05-15−706→ 706 totalFrom: 2024-05-15→ Common Stock (706 underlying)
Footnotes (4)
- [F1]Shares withheld by Company for payment of taxes due at vesting from earned restricted stock units.
- [F2]Each restricted stock unit represents a right to receive one share of Fair Isaac common stock contingent upon continued employment.
- [F3]The restricted stock units vest in four equal annual installments commencing on this date and vested shares will be delivered to the reporting person as soon as practicable thereafter.
- [F4]No expiration date.