Teed Andrew D. 4

4 · TYLER TECHNOLOGIES INC · Filed May 6, 2026

AI-generated summary of this filing

Updated May 6, 2026

Tyler Technologies (TYL) Director Andrew Teed Receives RSU Award; 452 Settled

What Happened

Andrew D. Teed, a director of Tyler Technologies (TYL), received a grant of 762 restricted stock units (RSUs) on May 5, 2026 (award, code A). Separately, 452 RSUs that vested (granted May 6, 2025) were settled on May 6, 2026 — those 452 converted to common shares and an equal number were disposed/withheld (no cash reported). All RSU items show $0.00 per share (typical for awards) and no cash proceeds.

Key Details

Transactions: May 5, 2026 — 762 RSUs granted at $0.00 (A); May 6, 2026 — 452 RSUs converted/settled (M), with 452 shares shown as disposed/withheld at $0.00.
Vesting/settlement: Per filing footnotes, each RSU converts one-for-one into common stock and vests 100% on the first anniversary of the grant; settled by issuer on vesting date (see F1, F3–F5).
Ownership after transaction: The filing does not state an aggregate post-transaction share total. Footnote F2 notes 2,000 shares are indirectly owned via a trust for which Mr. Teed has shared voting/dispositive power.
Timing: Reported with a filing dated May 6, 2026 for transactions on May 5–6, 2026 — appears timely (no late filing flag).
Tax withholding: The 452-share disposition at $0.00 is consistent with shares withheld/retained to satisfy tax withholding on vested RSUs (routine, noted in footnote F5).

Context

These were equity awards/settlements (RSUs), not open-market purchases or sales. RSU grants and settlements are common compensation events and do not necessarily signal buy/sell intent. The conversion and immediate withholding of 452 shares appears to be a standard net settlement/tax withholding on vested RSUs rather than a market sale.

Form 4

Period: 2026-05-05

Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-05-06+452→ 5,570 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

Footnotes (5)

[F1]Restricted stock units convert into common stock on a one-for-one basis.
[F2]Indirect shares include 2,000 shares owned by a trust in which Mr. Teed and his wife are sole trustees and for which Mr. Teed is deemed to have shared voting power and dispositive power.
[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

1 file