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

Sentiment:

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

DateDescription
03/21/2025Date 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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