Tyler Technologies SEC Filings

Tyler Technologies Chief Operating Officer Jeffrey David Puckett reported a series of equity compensation transactions dated March 1, 2026. He exercised performance-based restricted stock units and restricted stock units that convert into common stock on a one-to-one basis, and received new performance-based and time-based RSU awards.

The performance-based RSUs vest based on non-GAAP recurring revenue growth, non-GAAP net operating margin, and non-GAAP earnings per share over performance periods ending December 31, 2026 and 2028, with payouts ranging from 0% to 150% of target. Time-based RSUs vest in equal installments over three years.

Common stock was acquired through these conversions, while portions of the shares were disposed of at $354.6900 per share to satisfy tax obligations. After the reported transactions, Puckett directly owned 12,927.5037 shares of Tyler Technologies common stock.

Tyler Technologies Executive VP and CFO Brian K. Miller reported multiple equity award transactions involving company stock and stock units on March 1, 2026. He acquired common shares through the exercise and conversion of performance-based and time-based restricted stock units, which convert into common stock on a one-to-one basis.

Miller also had new grants of performance-based restricted stock units and restricted stock units that vest based on long-term goals tied to cumulative non-GAAP adjusted recurring revenue growth, non-GAAP net operating margin, and non-GAAP earnings per share, with potential vesting outcomes ranging from 0% to 150% of the target awards. Several common stock dispositions coded "F" were used to cover exercise price or tax liabilities at a price of 354.6900 per share rather than open-market selling. In addition, his holdings include shares owned indirectly through family trusts for his spouse and children.

Tyler Technologies Executive Chair John S. Marr Jr. reported equity award activity involving performance-based restricted stock units and common shares. On March 1, 2026, performance-based RSUs granted in 2023 converted one-for-one into common stock based on results through December 31, 2025.

The filing shows 3,512 common shares acquired upon RSU conversion and 1,153.362 shares withheld at a price of $354.69 per share to satisfy tax obligations, a non–open-market disposition. Footnotes explain one award vested at 100% of target based on cumulative recurring revenue growth and another at 150% of target based on operating margin.

Marr also reports 16,888 shares held indirectly through family trusts and a partnership where he has shared voting or dispositive power and disclaims beneficial ownership beyond his pecuniary interest.

Tyler Technologies President and CEO H. Lynn Moore Jr. reported a series of equity compensation transactions dated March 1, 2026. He received new grants of performance-based restricted stock units and time-based restricted stock units, each convertible into common stock on a one-to-one basis under the company’s stock incentive plan.

Previously granted performance-based units tied to recurring revenue growth, operating margin, and non-GAAP earnings per share for periods ending December 31, 2025 vested and were settled in common stock at performance levels ranging from 100% to 150% of target. Earlier time-based restricted stock units from 2023–2025 also vested in scheduled installments.

Several exercises of stock units into common shares were accompanied by dispositions coded as tax-withholding transactions at $354.69 per share to cover exercise price or tax liabilities. After these transactions, Moore directly owned approximately 100,391 shares of Tyler Technologies common stock.

TYL notice of a proposed sale of common stock by Fidelity Brokerage Services LLC. The notice lists $177,699.70 and 500 shares, and shows 42,985,340 shares outstanding as of 03/02/2026. The securities are listed on NYSE.

Tyler Technologies director Andrew D. Teed reported an open-market purchase of 1,600 shares of common stock at $309.9100 per share. Following this transaction, he directly owns 5,118 shares. An additional 2,000 shares are held indirectly through a trust where he and his wife share voting and dispositive power.

Tyler Technologies Chief Administrative Officer buys company stock on the open market. Abigail Marshall Diaz-Pedrosa purchased 610 shares of Tyler Technologies common stock in an open-market transaction at an average price of $325.076 per share, increasing her directly held stake to 1,123 shares.

In addition to her direct holdings, the filing reports 400 shares held indirectly through a family trust for which family members are beneficiaries and for which she serves as co-trustee with shared voting and dispositive power.

Tyler Technologies is a leading provider of integrated software and technology management solutions for public-sector clients across local, state, federal government and K‑12 education. Its platforms support core functions like public safety, justice, taxation, budgeting, land use, utilities, regulation, education, and social services.

The company is shifting aggressively to cloud and subscription models. In 2025, subscription-based services and maintenance/support generated $2.0 billion, or 87% of total revenue, with subscription revenue rising from $784.4 million in 2021 to $1.6 billion in 2025. Annualized Recurring Revenue was $2.06 billion as of December 31 2025, up about 11% from $1.86 billion a year earlier, driven by SaaS adoption and expansion with existing clients.

Tyler serves thousands of government entities in all 50 U.S. states and selected international markets, offering back‑office systems and cross‑agency platforms for data, payments, low‑code development, digital citizen engagement and cybersecurity. The firm emphasizes long‑term contracts, low client turnover, and strategic acquisitions, including prior expansion via NIC’s digital government and payments capabilities.

The company highlights extensive cybersecurity investment and governance, including a dedicated CISO-led security organization and cloud collaboration with Amazon Web Services. As of December 31 2025, Tyler employed about 7,800 people, with voluntary 12‑month turnover of 7% and an average tenure of eight years, supporting continuity in its public-sector relationships.

Tyler Technologies, Inc. reported solid growth for the fourth quarter and full year 2025. Fourth quarter revenues were $575.2 million, up 6.3%, with recurring revenues of $514.4 million rising 10.9% and making up 89.4% of total revenue. SaaS revenues grew 20.2% to $208.3 million, while a non-cash loss reserve of about $9.7 million reduced non-recurring revenue and operating income. For 2025, total revenues reached $2.3 billion, up 9.1%, and GAAP net income was $315.6 million, or $7.20 per diluted share, up 20.0%. Free cash flow was $620.8 million, up 8.0%, and the company repurchased 303,067 shares for approximately $175 million while completing four strategic acquisitions, including CloudGavel and Edulink. For 2026, Tyler forecasts revenues of $2.50–$2.55 billion, GAAP EPS of $8.36–$8.61, non-GAAP EPS of $12.40–$12.65, and free cash flow margin of 26–28%.