FICO Director Eva Manolis Exercises Options, Sells 967 Shares

What Happened

• Eva Manolis, a director of Fair Isaac Corp. (FICO), exercised stock options and immediately sold the resulting 967 shares on July 29, 2026.
• Exercise: 967 shares acquired at $391.57 each, total cost $378,648.
• Sale: 967 shares sold in the open market at a weighted-average price of $1,400.00, total proceeds $1,353,800. The filing also shows the derivative (the option) was disposed as part of the exercise.
• Net proceeds before taxes/fees were roughly $975,152 (sale proceeds minus exercise cost). This is effectively a cashless exercise followed by an immediate sale (common practice).

Key Details

• Transaction date: July 29, 2026; Form 4 filed July 31, 2026 (appears timely).
• Prices reported: exercise price $391.57; weighted-average sale price $1,400.00 (footnote: trades occurred at $1,400.00 to $1,400.9999; weighted average reported).
• Shares owned after transaction: not specified in the filing.
• Footnote: multiple sale trades at slightly different prices; the reporter can provide detailed trade-level prices on request.
• No 10b5-1 plan, tax withholding, or late-file flag is noted in this filing.

Context

• This is a routine insider cashless exercise and immediate sale—common for converting option value to cash. Sales by insiders do not on their own indicate management sentiment; purchases typically carry more weight for signaling.
• The filing shows both the option exercise (derivative conversion) and the subsequent open-market sale of the same shares on the same day.