Cline Brenda A 4
4 · TYLER TECHNOLOGIES INC · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
Tyler Technologies (TYL) Director Brenda Cline Receives RSU Award
What Happened
- Brenda A. Cline, a director of Tyler Technologies (TYL), received a grant of 762 restricted stock units (RSUs) on May 5, 2026.
- The filing also shows activity on May 6, 2026 involving 452 RSUs from a prior grant that vested and were settled that day; the reported amounts and $0 prices indicate these were RSU conversions/settlements, not open-market sales.
Key Details
- Transaction types: A = Award/Grant (762 RSUs on 2026-05-05); M = Exercise/Conversion (452 RSUs settled on 2026-05-06).
- Prices/values reported: $0.00 for the awarded RSUs and the settled RSUs (standard for RSU grants/settlements). No cash purchase or open-market sale reported.
- Vesting: The 762 RSUs granted 5/5/2026 vest 100% on the first anniversary of grant per plan terms. Footnote: RSUs convert one-for-one into common shares on settlement.
- Prior grant: Footnote notes the 452 RSUs were originally granted on 5/6/2025, vested 100% on the first anniversary, and were settled by the issuer on 5/6/2026.
- Ownership: Filing discloses indirect ownership of 4,002 shares held in a family limited partnership (reporting person disclaims beneficial ownership except to extent of pecuniary interest). The filing does not state total shares beneficially owned following these transactions.
- Filing timeliness: The filing does not indicate a late report.
Context
- These transactions are awards/settlements of RSUs. RSU grants and subsequent vesting/settlement are common compensation actions for directors and executives and do not represent open-market purchases or sales by the insider.
- For retail investors, awards indicate ongoing compensation alignment with shareholders but are not the same signal as an insider buying shares with personal funds.
Insider Transaction Report
Form 4
Cline Brenda A
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-05-06+452→ 2,971 total - Award
Restricted Stock Unit
[F3][F4]2026-05-05+762→ 762 total→ Common Stock (762 underlying) - Exercise/Conversion
Restricted Stock Unit
[F3][F5]2026-05-06−452→ 0 total→ Common Stock (452 underlying)
Holdings
- 4,002(indirect: See footnote (2))
Common Stock
[F2]
Footnotes (5)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Includes 4,002 shares owned indirectly by the reporting person, which are held by a family limited partnership in which the reporting person and her husband each own a 44% limited partner interest, and each have 50% ownership and control of the sole general partner with a 2% general partner interest. The remaining limited partner interests are owned by the reporting person's sons. The reporting person disclaims beneficial ownership of the shares except to the extent of her pecuniary interest therein.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- [F4]The restricted stock units vest 100% on the first anniversary of the date of grant and will be settled by the Issuer on such date, subject to the terms and conditions of the Issuer's Amended and Restated 2018 Stock Incentive Plan.
- [F5]On May 6, 2025, the reporting person was granted 452 restricted stock units, which vested 100% on the first anniversary of the grant date and were settled by the Issuer on such date, subject to the terms and conditions of the Issuer's Amended and Restated 2018 Stock Incentive Plan.
Signature
Randall G. Ray, attorney-in-fact|2026-05-06