Form 4: Director DesRoches Receives TXN Stock, Options

Texas Instruments Director Reginald DesRoches was granted 525 restricted stock units and 1,860 non-qualified stock options on January 29, 2026.

Summary

• Reginald DesRoches, a Director at Texas Instruments Inc. (TXN), reported an acquisition of securities.
• On January 29, 2026, DesRoches was granted 525 shares of Common Stock as Restricted Stock Units (RSUs) under the Texas Instruments 2018 Director Compensation Plan.
• Following this transaction, DesRoches beneficially owns 2,308 shares of Common Stock.
• Additionally, on January 29, 2026, DesRoches was granted 1,860 Non-Qualified Stock Options.
• These stock options have an exercise price of $218.97 and become exercisable in four equal installments beginning on January 29, 2027, with an expiration date of January 29, 2036.
• After this grant, DesRoches beneficially owns 1,860 derivative securities (stock options).

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive event, reflecting routine director compensation that aligns insider interests with shareholder value, without indicating any new material operational or financial developments.

Positives

• The grant of restricted stock units and stock options aligns the director's interests with those of shareholders, as their compensation is tied to the company's future performance.
• Equity compensation is a standard practice for attracting and retaining qualified board members.

Future Outlook

The granted stock options will become exercisable in four equal installments starting January 29, 2027, providing a future incentive for the director.

Industry Context

StockSavvy.ai notes that equity grants, such as restricted stock units and stock options, are a common and widely accepted component of director compensation across various industries, particularly in the technology and semiconductor sectors. This practice is designed to align the long-term interests of board members with those of the company's shareholders.

Comparison to Industry Standards

• Equity compensation for directors is standard practice across industries, including major semiconductor companies like Intel, Qualcomm, and NVIDIA.
• The structure of grants, including RSUs and stock options, is consistent with typical executive and director compensation packages aimed at long-term value creation.
• Specific grant sizes vary based on company size, performance, and compensation philosophy, but the mechanism of granting equity is a global benchmark for corporate governance and incentive alignment.

Corporate Governance

Stakeholder Impact

• Shareholders: The equity grants align the director's financial interests with the company's long-term performance, potentially benefiting shareholders through improved governance and strategic decisions.
• Employees: No direct impact on employees is indicated by this filing.

Next Steps

• The granted stock options will begin to become exercisable in four equal installments starting January 29, 2027.

Key Dates

Recommendation

This Form 4 reports a routine equity grant to a director as part of their compensation package, which is a standard practice to align insider interests with shareholders. It does not provide new material information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation.

Keywords

Texas Instruments, TXN, Form 4, Insider Transaction, Stock Option, Restricted Stock Unit, Director Compensation, Equity Grant