Hawkins Ronnie D. Jr. 4
Research Summary
AI-generated summary
Tyler Technologies Director Ronnie Hawkins Jr. Receives Award, Settles RSUs
What Happened
- Ronnie D. Hawkins Jr., a director of Tyler Technologies (TYL), was granted 762 restricted stock units (RSUs) on May 5, 2026 (reported as an award, code A). On May 6, 2026, 452 previously granted RSUs vested, were converted into common stock (reported as an exercise/conversion, code M), and those 452 shares were reported as disposed the same day (disposition reported at $0.00).
- The new 762-RSU grant shows an acquisition at $0.00 (typical for RSU awards). The conversion/disposition of 452 RSUs is recorded at $0.00; footnotes state the 452 RSUs were originally granted on May 6, 2025, vested 100% on the first anniversary, and were settled by the issuer on the vesting date.
Key Details
- Transaction dates: Grant on 2026-05-05 (762 RSUs); conversion/settlement and reported disposition on 2026-05-06 (452 RSUs).
- Reported prices/values: Grant reported at $0.00; conversion/disposition reported at $0.00 in the filing extract provided.
- Shares owned after transaction: Not disclosed in the provided excerpt.
- Relevant footnotes: F1–F3 confirm RSUs convert one-for-one into common stock and vest 100% on the first anniversary per the 2018 Stock Incentive Plan; F4 confirms the 452-RSU grant from 5/6/2025 vested and was settled on its anniversary.
- Timeliness: Filing dated May 6, 2026, covering transactions on May 5–6, 2026 — not indicated as late in the provided information.
Context
- These entries are RSU awards and vesting/settlement events (derivative transactions). RSUs are a form of deferred equity compensation that convert into shares when vested; the filing shows conversion/settlement rather than an open-market buy or sale.
- A reported disposition at $0.00 can reflect settlement mechanics documented in the footnotes (e.g., issuer settlement of vested RSUs). The filing does not provide additional detail on whether any shares were sold on market or withheld for taxes beyond the settlement note.