Form 4: Texas Instruments Director Curtis C. Farmer Reports Acquisition of Stock Units
SEC Form 4 Filing
Director Curtis C. Farmer reports acquisition of stock units convertible to common stock under the Texas Instruments 2018 Director Compensation Plan.
Summary
- On March 21, 2025, Curtis C. Farmer, a director of Texas Instruments Inc. (TXN), reported the acquisition of stock units.
- These stock units, totaling 152.2, were acquired under the Texas Instruments 2018 Director Compensation Plan.
- The stock units convert to common stock on a one-for-one basis and will be settled in common stock following the director's termination of service.
- The price of the derivative security is $180.68.
- Following the transaction, Farmer beneficially owns 1,334.87 derivative securities.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock unit acquisition by a director.
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.
Industry Context
This filing is a routine disclosure related to director compensation and aligns with standard practices for publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it relates to director compensation.
Key Dates
| Date | Description |
|---|---|
| 03/21/2025 | Date of transaction and report filing; acquisition of stock units. |
Keywords
Form 4, Director Compensation Plan, Stock Units, Texas Instruments, TXN, Curtis C. Farmer, Beneficial Ownership
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