Form 4: Texas Instruments CFO Rafael Lizardi Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Rafael Lizardi, CFO of Texas Instruments, disposed of 3,283 shares of common stock on January 31, 2025, to cover tax obligations.
Summary
- On January 31, 2025, Rafael R Lizardi, the Senior Vice President & CFO of Texas Instruments Inc (TXN), disposed of 3,283 shares of common stock.
- The transaction was executed at a price of $185.27 per share.
- This disposal was likely to cover tax obligations related to vesting of stock or option awards.
- Following the transaction, Lizardi directly owns 83,641 shares of Texas Instruments common stock and indirectly owns 33,994 shares through SLAT.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes and doesn't inherently indicate a positive or negative outlook.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common and don't necessarily indicate a negative outlook on the company.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small percentage of the CFO's holdings and is likely for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of stock disposal transaction |
| 02/03/2025 | Date of signature on the Form 4 filing |
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