{"schema_version":"secwatch.filing_event.v1","accession":"0000860731-26-000038","form_type":"8-K","ticker":"TYL","cik":"0000860731","company_name":"TYLER TECHNOLOGIES INC","filed_at":"2026-05-12T11:42:56+00:00","discovered_at":"2026-05-12T11:45:00.333404+00:00","generated_at":"2026-05-12T11:45:20.792493+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Tyler Technologies prices upsized $1.25B 0.50% convertible notes due 2031","bullets":["Upsized from $1.0B to $1.25B; initial purchasers have option for additional $187.5M.","Notes carry 0.50% coupon, mature July 15, 2031; initial conversion price ~$405.94/share (30% premium).","Net proceeds estimated ~$1.224B ($1.408B if option exercised); ~$320.7M to repurchase 1.027M shares.","About $162.8M used for capped call transactions to offset dilution, with cap price ~$655.77/share.","Remainder for general corporate purposes; settlement expected May 14, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0000860731-26-000038","json":"https://secwatch.observer/filing/0000860731-26-000038.json","markdown":"https://secwatch.observer/filing/0000860731-26-000038.md","text":"https://secwatch.observer/filing/0000860731-26-000038.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/860731/000086073126000038/0000860731-26-000038-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/860731/000086073126000038/tyl-20260512.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-12T11:45:20.792493+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}