diff --git a/changelog/1122.improvement.md b/changelog/1122.improvement.md
new file mode 100644
index 000000000..6d55ba71b
--- /dev/null
+++ b/changelog/1122.improvement.md
@@ -0,0 +1 @@
+Added `--actions-module` argument for specifying the custom actions path, prioritizing it over the soon-to-be-deprecated `--actions` argument.
\ No newline at end of file
diff --git a/rasa_sdk/__main__.py b/rasa_sdk/__main__.py
index 7cbfd6a2b..ab5ffc243 100644
--- a/rasa_sdk/__main__.py
+++ b/rasa_sdk/__main__.py
@@ -25,7 +25,7 @@ def main_from_args(args):
     if args.grpc:
         asyncio.run(
             run_grpc(
-                args.actions,
+                args.actions_module or args.actions,
                 args.port,
                 args.ssl_certificate,
                 args.ssl_keyfile,
@@ -36,7 +36,7 @@ def main_from_args(args):
         )
     else:
         run(
-            args.actions,
+            args.actions_module or args.actions,
             args.port,
             args.cors,
             args.ssl_certificate,
diff --git a/rasa_sdk/cli/arguments.py b/rasa_sdk/cli/arguments.py
index 90e282e2c..31432cf84 100644
--- a/rasa_sdk/cli/arguments.py
+++ b/rasa_sdk/cli/arguments.py
@@ -47,6 +47,12 @@ def add_endpoint_arguments(parser: argparse.ArgumentParser) -> None:
         default=None,
         help="name of action package to be loaded",
     )
+    parser.add_argument(
+        "--actions-module",
+        type=action_arg,
+        default=None,
+        help="name of action package to be loaded",
+    )
     parser.add_argument(
         "--ssl-keyfile",
         default=None,