---
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"
generated_at: "2026-05-12T11:45:20.792493+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tyler Technologies prices upsized $1.25B 0.50% convertible notes due 2031

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000860731-26-000038
- JSON: https://secwatch.observer/filing/0000860731-26-000038.json
- Plain text: https://secwatch.observer/filing/0000860731-26-000038.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.