Form 4: Texas Instruments Director Acquires Stock Units

Texas Instruments director Curtis C. Farmer acquired 156.08 stock units and holds 2,386 shares of common stock, as reported in a Form 4 filing dated December 19, 2025.

Summary

• Curtis C. Farmer, a Director at Texas Instruments Inc. (TXN), reported changes in beneficial ownership.
• The filing indicates a transaction date of December 19, 2025.
• Farmer beneficially owns 2,386 shares of Common Stock directly following the reported transactions.
• 156.08 Stock Units were acquired under the Texas Instruments 2018 Director Compensation Plan.
• These Stock Units convert to common stock on a one-for-one basis and are to be settled in common stock following Farmer's termination of service as a director.
• The price of the derivative security (Stock Units) was $176.19.
• Following the reported transaction, Farmer beneficially owns 1,890.79 derivative Stock Units directly.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction related to director compensation, which is generally neutral in sentiment. It reflects standard corporate governance and compensation practices without indicating significant positive or negative operational or financial news.

Positives

• A director's acquisition of stock units, even through a compensation plan, aligns their interests with shareholders.
• The existence of a structured Director Compensation Plan indicates established corporate governance practices.

Future Outlook

The acquired stock units are scheduled to be settled in common stock of Texas Instruments following the reporting person's termination of service as a director.

Industry Context

This filing represents a routine insider transaction, specifically related to director compensation, which is a common practice across publicly traded companies to align director interests with long-term shareholder value. The use of stock units that vest upon termination of service is a standard mechanism in executive and director compensation plans.

Corporate Governance

Related Party Transactions

• The acquisition of stock units by a director under the company's compensation plan is a standard related-party transaction, disclosed as part of director remuneration.

Stakeholder Impact

• Shareholders: Director's equity holdings align interests with shareholders, potentially fostering long-term value creation.
• Management: Reflects standard compensation practices for board members.

Next Steps

• Settlement of stock units into common stock upon Curtis C. Farmer's termination of service as a director of Texas Instruments.

Key Dates

Keywords

Texas Instruments, TXN, Form 4, Insider Transaction, Director Compensation, Stock Units, Common Stock, Beneficial Ownership