Tyler Technologies Director Sells $567K in Shares

Insider transaction trims stake by 23.46% as company misses quarterly expectations

Mar. 17, 2026 at 8:19am

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Tyler Technologies, Inc. (NYSE:TYL) Director Glenn Carter sold 1,624 shares of the company's stock on March 12th at an average price of $349.14 for a total of $567,003.36. The sale reduced Carter's stake in the company by 23.46% to 5,298 shares valued at around $1.85 million. The transaction came as Tyler Technologies missed its quarterly earnings and revenue expectations, though revenue was still up 6.3% year-over-year.

Why it matters

Insider transactions can provide valuable insights into a company's performance and outlook. This sale by a Tyler Technologies director comes as the company reported weaker-than-expected financial results, potentially signaling concerns about the company's near-term prospects despite its overall growth.

The details

In the transaction, Director Glenn Carter sold 1,624 shares of Tyler Technologies stock at an average price of $349.14, for a total value of $567,003.36. This reduced his stake in the company by 23.46% to 5,298 shares valued at around $1.85 million. The sale was disclosed in a filing with the SEC. Tyler Technologies reported Q4 2025 earnings of $2.64 per share, missing the $2.71 consensus estimate, along with revenue of $575.18 million versus the expected $591.09 million, though revenue was still up 6.3% year-over-year.

  • The shares were sold on Thursday, March 12th, 2026.

The players

Glenn Carter

A director at Tyler Technologies, Inc.

Tyler Technologies, Inc.

A provider of software and technology services for the public sector, delivering integrated systems that help government and public agencies manage operations, finances and citizen services.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

This insider sale by a Tyler Technologies director amid the company's missed quarterly expectations raises questions about the near-term outlook for the stock, though the company's overall growth trajectory and market position remain strong.