Form 4: Texas Instruments Director Curtis C. Farmer Reports Acquisition of Stock Units

Director Curtis C. Farmer reports the acquisition of stock units convertible to common stock in Texas Instruments.

Summary

• On March 22, 2024, Curtis C. Farmer, a director of Texas Instruments Inc. (TXN), acquired stock units that convert to 159.34 shares of common stock.
• The stock units were credited under the Texas Instruments 2018 Director Compensation Plan and will be settled in common stock following the director's termination of service.
• The price of the derivative security was $172.59.
• Following the transaction, Farmer directly owns 1,772 shares of common stock and 682.9 stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock unit acquisition by a director, which is part of their compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

• The acquisition of stock units by a director signals confidence in the company's future performance.

Future Outlook

The stock units will be settled in common stock of Texas Instruments following the reporting person's termination of service as a director of the Issuer.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company directors. It is common for directors to receive stock-based compensation as part of their overall remuneration.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with those of the shareholders.

Key Dates