Jeffrey David Puckett, Chief Operating Officer of Tyler Technologies Inc, filed a Form 4 on November 6, 2026, disclosing the exercise of stock options and the sale of 10,000 shares of common stock on November 4, 2026.

Key Highlights

  • Option exercises: Puckett exercised two tranches of stock options on November 4, 2026, acquiring 5,000 shares at $171.44 and 5,000 shares at $181.79, for a combined 10,000 shares acquired.
  • Sale of shares: All 10,000 shares were sold on November 4, 2026, at a weighted average price of $419.6925 per share, with individual sale prices ranging from $419.20 to $420.185.
  • Remaining ownership: Following these transactions, Puckett directly held 7,799.7771 shares of common stock, according to the filing.
  • Options extinguished: Both option positions -- one expiring June 1, 2027, and one expiring December 1, 2027 -- were fully exercised, leaving zero derivative securities beneficially owned after the transactions.
  • Transaction codes: The filing records transaction code M for the option exercises and code S for the open-market sale.
  • Issuer: Tyler Technologies Inc, listed as NYSE:TYL, is the issuer named in the filing.

Puckett's November 4 Option Exercises and Share Sale at Tyler Technologies

According to the Form 4 filed with the SEC, Jeffrey David Puckett, serving as Chief Operating Officer of Tyler Technologies Inc (NYSE:TYL), executed two stock option exercises on November 4, 2026. The first exercise converted options with an exercise price of $171.44 into 5,000 shares of common stock, and the second converted options with an exercise price of $181.79 into another 5,000 shares. Both option series carried graded vesting, with the filing noting that "dates exercisable will vary with each vesting tranche."

On the same date, Puckett disposed of all 10,000 shares acquired through those exercises. The filing reports the sale at a weighted average price of $419.6925 per share, executed across multiple transactions with prices ranging from a low of $419.20 to a high of $420.185 per share. The filing states that Puckett "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."

After the option exercises and the subsequent sale, Puckett's direct beneficial ownership in Tyler Technologies common stock stood at 7,799.7771 shares, as reported in the filing. The two option series -- one with an expiration date of June 1, 2027, and another expiring December 1, 2027 -- each registered zero remaining derivative securities following the transactions. The Form 4 was signed by Mark A. Robertson as attorney-in-fact on November 6, 2026.

What Was Disclosed

The filing disclosed that Tyler Technologies COO Jeffrey David Puckett exercised two stock option grants totaling 10,000 shares and sold all 10,000 resulting shares on November 4, 2026, leaving him with a direct beneficial ownership of 7,799.7771 shares.