Puckett Jeffrey David 4
Research Summary
AI-generated summary
Tyler Technologies (TYL) COO Jeffrey Puckett Sells Shares
What Happened
Jeffrey David Puckett, Chief Operating Officer of Tyler Technologies (TYL), sold a total of 5,174 shares in multiple open-market transactions on March 5, 2026, generating total proceeds of approximately $1,914,016. The sales were executed in five aggregated lots: 720 shares ($367.60 avg., $264,670), 1,133 shares ($368.82 avg., $417,874), 1,379 shares ($370.16 avg., $510,448), 1,662 shares ($371.17 avg., $616,883), and 280 shares (~$371.93 avg., $104,141). These trades are reported as sales (code S) on the Form 4 filed March 9, 2026.
Key Details
- Transaction date: March 5, 2026; Form 4 filed: March 9, 2026 (filed timely).
- Total shares sold: 5,174; total proceeds: ~$1,914,016.
- Per-lot details (reported weighted averages):
- 720 shs @ $367.60 (F1: prices ranged $367.33–$368.275)
- 1,133 shs @ $368.82 (F2: $368.445–$369.405)
- 1,379 shs @ $370.16 (F3: $369.70–$370.66)
- 1,662 shs @ $371.17 (F4: $370.70–$371.50)
- 280 shs @ $371.93 (F5: $371.745–$372.075)
- Footnotes indicate each reported average reflects multiple trades at the noted per-share price ranges; the reporting person can provide per-trade breakdown upon request.
- Shares owned after the transaction: not disclosed in the provided filing.
Context
These were open-market sales by an executive rather than option exercises or awards; such sales are common and can be for many personal reasons (taxes, diversification, liquidity) and do not by themselves indicate company performance. Purchases tend to be more directly interpreted as insider confidence; this filing documents routine disposition activity by the COO.