Director David A. Rey of Fair Isaac Corporation filed a Form 4 on November 6, 2026, reporting four transactions in common stock spanning from September 15, 2025, through September 22, 2026, and disclosing a Section 16(b) disgorgement of profits to the company.

Key Highlights

  • Four transactions reported: Two sales (code S) and two purchases (code P) of Fair Isaac common stock across four separate dates.
  • Earliest transaction: Sale of 8 shares on September 15, 2025, at $1,555.21 per share.
  • Most recent transaction: Purchase of 8 shares on September 22, 2026, at $920.93 per share.
  • Beneficial ownership following all reported transactions: 5,061 shares held directly.
  • Section 16(b) disgorgement: According to the filing, Rey "agreed to disgorge to the Issuer all statutory 'profits' pursuant to Section 16(b)" from the reported transactions, and "such amount has been paid to the Issuer."
  • Filing signed: By Carrie H. Darling as attorney-in-fact on November 6, 2026.

Fair Isaac Director's Four-Trade Sequence and Section 16(b) Disgorgement

According to the Form 4 filed with the SEC, David A. Rey, a director of Fair Isaac Corporation (NYSE:FICO), reported four transactions in the company's common stock. The earliest was a sale of 8 shares on September 15, 2025, at $1,555.21 per share, leaving Rey with 5,053 shares directly held. That was followed by a purchase of 8 shares on October 15, 2025, at $1,636.65 per share, bringing his total to 5,061 shares.

A second sale of 8 shares occurred on December 11, 2025, at $1,825.86 per share, reducing his holdings back to 5,053 shares. The final reported transaction was a purchase of 8 shares on September 22, 2026, at $920.93 per share, returning his directly held total to 5,061 shares. All transactions involved common stock and were held in direct ownership form.

The filing includes a notable footnote applicable to the October 15, 2025, and December 11, 2025, transactions: Rey "agreed to disgorge to the Issuer all statutory 'profits' pursuant to Section 16(b) of the Securities Exchange Act of 1934, as amended, that resulted from the transactions reported herein and such amount has been paid to the Issuer." No derivative securities were reported. The form was signed by Carrie H. Darling as attorney-in-fact.

What Was Disclosed

Director David A. Rey disclosed four open-market transactions in Fair Isaac common stock from September 2025 through September 2026, resulting in direct ownership of 5,061 shares, and confirmed that Section 16(b) short-swing profits from certain transactions have been paid back to the company.