Tyler Technologies (TYL) CFO adds shares through 2004 employee stock plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tyler Technologies Executive VP and CFO Brian K. Miller acquired 57.3618 shares of common stock on March 31, 2026 at $291.0230 per share through the company’s 2004 Employee Stock Purchase Plan. Following this purchase, he directly holds 25,395.0038 shares and indirectly holds 13,695.0000 shares through family trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MILLER BRIAN K
Role
Executive VP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 57.362 | $291.023 | $17K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 25,395.004 shares (Direct);
Common Stock — 13,695 shares (Indirect, See footnote (2))
Footnotes (1)
- Purchased under the terms of the Tyler Technologies, Inc. 2004 Employee Stock Purchase Plan. Includes shares owned indirectly by the reporting person as follows: (a) 4,369 shares owned indirectly, which are owned by a family trust for which the reporting person's spouse is the beneficiary and trustee; (b) 4,583 shares owned indirectly, which are owned by a family trust for which one of the reporting person's children is a beneficiary and the reporting person is the trustee; and (c) 4,743 shares owned indirectly, which are owned by a family trust for which one of the reporting person's children is a beneficiary and the reporting person is the trustee.
Key Figures
Shares acquired: 57.3618 shares
Purchase price: $291.0230 per share
Direct holdings after transaction: 25,395.0038 shares
+1 more
4 metrics
Shares acquired
57.3618 shares
Common Stock purchased on March 31, 2026 under 2004 ESPP
Purchase price
$291.0230 per share
Price for ESPP acquisition on March 31, 2026
Direct holdings after transaction
25,395.0038 shares
Common Stock directly owned by Brian K. Miller after ESPP purchase
Indirect holdings after transaction
13,695.0000 shares
Common Stock held through family trusts associated with the CFO
Key Terms
Employee Stock Purchase Plan, family trust, indirectly owned
3 terms
Employee Stock Purchase Plan financial
"Purchased under the terms of the Tyler Technologies, Inc. 2004 Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
family trust financial
"includes shares owned indirectly by the reporting person as follows: (a) 4,369 shares owned indirectly, which are owned by a family trust"
indirectly owned financial
"Includes shares owned indirectly by the reporting person as follows: (a) 4,369 shares owned indirectly"
FAQ
What did Tyler Technologies (TYL) CFO Brian K. Miller do in this Form 4?
Brian K. Miller acquired additional common stock through an employee stock purchase plan. He received 57.3618 shares of Tyler Technologies common stock on March 31, 2026, as part of the company’s 2004 Employee Stock Purchase Plan, increasing his overall equity position.
What is the Tyler Technologies (TYL) 2004 Employee Stock Purchase Plan mentioned in the Form 4?
The 2004 Employee Stock Purchase Plan allows eligible employees to purchase Tyler Technologies stock, typically via payroll contributions. In this filing, the CFO’s 57.3618-share acquisition was made under that plan, indicating a structured, benefit-related purchase instead of a discretionary market trade.
How are the CFO’s indirect Tyler Technologies (TYL) holdings structured?
His indirect holdings total 13,695.0000 shares held in three family trusts. One trust benefits his spouse, who is trustee, and two trusts benefit his children, where he serves as trustee, consolidating these positions as indirect ownership associated with him.