Tyler Technologies CEO Lynn Moore Sells $3.93 Million of Stock After Option Exercise
Tyler Technologies President and CEO H. Lynn Moore Jr. sold 10,000 shares of the public-sector software company for $3.93 million on Oct. 30, after exercising stock options to acquire the same number of shares, according to a Form 4 filing Tuesday.
Moore exercised options on 10,000 shares at an exercise price of $205.66 each, then sold 10,000 shares in a series of open-market trades the same day at a weighted average price of $393.17, the filing shows. Total proceeds were $3,931,689.
The form does not indicate that the trades were made under a Rule 10b5-1 trading plan, the prearranged schedules insiders often use to sell stock.
Holdings unchanged after the round trip
Because the sale matched the exercise, Moore's direct stake ended where it started. He directly owns 100,391.84 Tyler shares after the trades, according to the filing.
The exercised options came from a grant that expires on Feb. 26, 2028. Moore still holds 50,000 options from that grant, the filing shows.
Spread over the exercise price
The weighted average sale price of $393.17 was 91.2% above the $205.66 exercise price. On paper, the 10,000 shares cost Moore $2,056,600 to acquire through the exercise, versus $3,931,689 in sale proceeds.
Moore is both an officer and a director of Tyler, according to the filing.
By the numbers
- Options exercised: 10,000 at $205.66
- Shares sold: 10,000
- Weighted average sale price: $393.17
- Total proceeds: $3,931,689
- Shares held directly after: 100,391.84
- Options remaining from the 2028 grant: 50,000
Sources
- Form 4 filed by Tyler Technologies President and CEO H. Lynn Moore Jr., filed Nov. 3, 2026 (accession 0002130035-26-000006)
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