Brian K. Miller - 23 May 2025 Form 4 Insider Report for TYLER TECHNOLOGIES INC (TYL)

Reporting relationship: Executive VP and CFO
Issuer ticker: TYL
Reported as of: 23 May 2025
Net transaction value: -$741,896
SEC form: 4
Accepted by SEC: 28 May 2025, 16:45:55 UTC
Prior SEC filing: 20 May 2025
Next SEC filing: 10 Jun 2025
Source filing: View source filing
Reporting owner signature: Randall G. Ray, attorney-in-fact

Key filing fact

Brian K. Miller filed Form 4 for TYLER TECHNOLOGIES INC (TYL) on 28 May 2025.

Key facts

This page summarizes Brian K. Miller's Form 4 filing for TYLER TECHNOLOGIES INC (TYL).
6 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 28 May 2025, 16:45.

Change

Previous filing in this sequence was filed on 20 May 2025.
Current net transaction value: -$741,896.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001086072 Primary reporting owner

MILLER BRIAN K

Relationship: Executive VP and CFO
Address: 5101 TENNYSON PARKWAY, PLANO
Signature: Randall G. Ray, attorney-in-fact
Signature date: 28 May 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TYL transaction

Common Stock

Options Exercise

Transaction value: $1,152,785
Shares: +3,333
Change %: +30%
Price: $345.87
Shares after: 14,564
Date: 23 May 2025
Ownership: Direct
Footnotes: F1

TYL transaction

Common Stock

Sale

Transaction value: $57,818
Shares: -102
Change %: -0.7%
Price: $566.84
Shares after: 14,462
Date: 23 May 2025
Ownership: Direct
Footnotes: F2

TYL transaction

Common Stock

Sale

Transaction value: $794,732
Shares: -1,400
Change %: -9.7%
Price: $567.67
Shares after: 13,062
Date: 23 May 2025
Ownership: Direct
Footnotes: F3

TYL transaction

Common Stock

Sale

Transaction value: $757,235
Shares: -1,331
Change %: -10%
Price: $568.92
Shares after: 11,731
Date: 23 May 2025
Ownership: Direct
Footnotes: F4

TYL transaction

Common Stock

Sale

Transaction value: $284,896
Shares: -500
Change %: -4.3%
Price: $569.79
Shares after: 11,231
Date: 23 May 2025
Ownership: Direct
Footnotes: F5

TYL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 26,781
Date: 23 May 2025
Ownership: See footnote (6)
Footnotes: F6

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TYL transaction Derivative

Option

Options Exercise

Transaction value: $0
Shares: -3,333
Change %: -71%
Price: $0.000000
Shares after: 1,378
Date: 23 May 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,333
Exercise price: $345.87
Footnotes: F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Acquired through the exercise of options.

Footnote F2

Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $566.10 to a high of $566.89 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth with respect to this transaction and all sale transactions reported in this Form 4.

Footnote F3

Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $567.15 to a high of $568.085 per share, inclusive.

Footnote F4

Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $568.35 to a high of $569.255 per share, inclusive.

Footnote F5

Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $569.54 to a high of $569.96 per share, inclusive.

Footnote F6

Includes shares owned indirectly by the reporting person as follows: (a) 17,455 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.

Footnote F7

Option has graded vesting. Dates exercisable will vary with each vesting tranche.