STOCK TITAN

Tyler Technologies sets $260M buyback plan

Tyler Technologies adopts a Rule 10b5-1 plan to repurchase up to $260 million within its larger $1.416 billion remaining share buyback authorization.

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Tyler Technologies, Inc. (TYL) adopted a Rule 10b5-1 trading plan on September 15, 2026 with a brokerage firm to repurchase up to $260.0 million of common stock. Repurchases under this plan may occur between September 16, 2026 and October 29, 2026.

The plan operates under Tyler’s existing share repurchase program, for which the Board authorized $1.0 billion on February 3, 2026 and an additional $1.5 billion on July 24, 2026, replacing prior authorizations. As of September 15, 2026, Tyler had remaining Board authorization to repurchase up to $1.416 billion of common stock, generally funded from cash and borrowings under its credit facility.

Positive

  • $260.0 million Rule 10b5-1 repurchase plan adds structure to ongoing buybacks within a larger authorization.
  • Board repurchase authorizations of $2.5 billion in 2026 leave $1.416 billion of remaining capacity for common stock repurchases.

Negative

  • None.

Filing Explained

Tyler added a time-limited repurchase capacity, while its broader $1.416 billion authorization has no stated expiration.

Under Item 8.01, the company reports an agreed capacity to repurchase up to $260.0 million of common stock from September 16, 2026 through October 29, 2026; the filing does not report that these purchases have occurred.

Rule 10b5-1 describes a prearranged written trading mechanism that executes under specified conditions and periods. The broader share-repurchase authorization allows Tyler to repurchase shares at its discretion, has no specified expiration date, and had $1.416 billion remaining as of September 15, 2026.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Rule 10b5-1 plan size $260.0 million Maximum common stock repurchases under the plan adopted September 15, 2026
Plan operating window start September 16, 2026 Date repurchases under the Rule 10b5-1 plan may commence
Plan operating window end October 29, 2026 Date repurchases under the Rule 10b5-1 plan will end
February 3, 2026 authorization $1.0 billion Board authorization to repurchase common stock, replacing prior authorizations
July 24, 2026 additional plan $1.5 billion Additional Board-authorized share repurchase plan
Remaining repurchase authorization $1.416 billion Capacity to repurchase common stock as of September 15, 2026
Rule 10b5-1 trading plan regulatory
"Tyler entered into a Rule 10b5-1 trading plan with a brokerage firm"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
share repurchase program financial
"Tyler’s share repurchase program was originally announced in October 2002"
A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.
credit facility financial
"repurchases are generally funded using cash balances and borrowings under our credit facility"
A credit facility is a flexible loan arrangement that allows a borrower to access funds up to a set limit whenever needed, similar to a company having an overdraft option on a bank account. It matters to investors because it indicates how easily a business can secure cash when required, affecting its ability to manage expenses, invest, or respond to financial challenges.
material, nonpublic information regulatory
"who have determined in good faith that they are not in possession of material, nonpublic information"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What share repurchase action did TYL announce on September 15, 2026?

Tyler Technologies entered into a Rule 10b5-1 trading plan with a brokerage firm to repurchase up to $260.0 million of its common stock, with purchases allowed between September 16, 2026 and October 29, 2026.

How much share repurchase authorization does TYL have remaining?

As of September 15, 2026, Tyler Technologies had remaining authorization from its Board to repurchase up to $1.416 billion of its common stock under its share repurchase program.

What repurchase authorizations did TYL’s Board approve in 2026?

On February 3, 2026, the Board authorized repurchases of up to $1.0 billion of common stock, replacing prior authorizations. On July 24, 2026, it authorized an additional $1.5 billion share repurchase plan.

When will TYL’s new Rule 10b5-1 repurchase plan operate?

Share repurchases under the Rule 10b5-1 plan may commence on September 16, 2026 and will end on October 29, 2026, within Tyler Technologies’ broader repurchase authorization.

How does TYL expect to fund its share repurchases?

Tyler Technologies states that share repurchases are generally funded using its existing cash balances and borrowings under its credit facility, within the limits of its Board authorization.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
0000860731false00008607312026-09-152026-09-15


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________________________________
FORM 8-K
_____________________________________________

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

September 15, 2026 (September 15, 2026)
Date of Report (Date of earliest event reported)
_____________________________________________
TYLER TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
_____________________________________________
Delaware1-1048575-2303920
(State or other jurisdiction of incorporation or organization)(Commission
File Number)
 (I.R.S. Employer Identification No.)
5101 TENNYSON PARKWAYPLANOTexas75024
 (Address of principal executive offices)(City)(State)(Zip code)

(972) 713-3700
(Registrant’s telephone number, including area code)

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Title of each classTrading symbol
Name of each exchange
on which registered
COMMON STOCK, $0.01 PAR VALUETYLNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

    



Item 8.01 Other Events.
On September 15, 2026, Tyler Technologies, Inc. (“Tyler”) entered into a Rule 10b5-1 trading plan (the “Plan”) with a brokerage firm to repurchase up to $260.0 million of our common stock. Share repurchases under the Plan may commence September 16, 2026, and will end October 29, 2026.
Tyler’s share repurchase program was originally announced in October 2002 and was amended at various times from 2003 through 2026. On February 3, 2026, our Board of Directors authorized the repurchase of up to $1.0 billion of our common stock, which replaced and superseded all previous authorizations. On July 24, 2026, the Board of Directors authorized an additional $1.5 billion share repurchase plan. Our share repurchase program allows us to repurchase shares at our discretion. There is no expiration date specified for the authorization. Our Board of Directors also authorized us to enter into one or more Rule 10b5-1 trading plans for share repurchases. As of September 15, 2026, we have remaining authorization from our Board of Directors to repurchase up to $1.416 billion of our common stock. Share repurchases are generally funded using our existing cash balances and borrowings under our credit facility.
The Plan is intended to comply with Rule 10b5-1 of the Securities Exchange Act of 1934 and Tyler’s insider trading policy. Rule 10b5-1 permits individuals and issuers, who have determined in good faith that they are not in possession of material, nonpublic information, to establish prearranged written stock trading plans under specific conditions and for specific periods of time. Subsequent receipt by the individual or issuer of material, nonpublic information will not prevent prearranged transactions under a Rule 10b5-1 plan from being executed.
Item 9.01    Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.Description
Exhibit 104
Cover Page Interactive Data File (embedded in the Inline XBRL document)
    


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
TYLER TECHNOLOGIES, INC.
/s/ Brian K. Miller 
September 15, 2026By:Brian K. Miller
Executive Vice President and Chief Financial
Officer (principal financial officer)

    

Filing Exhibits & Attachments

3 documents

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