Form 4: Texas Instruments Director, Pamela Patsley, Reports Acquisition of Stock Units

Sentiment:

SEC Filing


Pamela Patsley, a director at Texas Instruments, reported the acquisition of stock units convertible to common stock, as well as end-of-period holdings including stock units acquired pursuant to the dividend reinvestment provision.

Summary

  • On March 21, 2025, Pamela Patsley, a director of Texas Instruments, filed a Form 4.
  • The filing reports the acquisition of 152.2 stock units under the Texas Instruments 2018 Director Compensation Plan.
  • These 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 reported transaction, Patsley beneficially owns 33,962 shares of common stock directly.
  • Patsley also beneficially owns 62,287.42 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction related to director compensation. It doesn't indicate any significant positive or negative outlook.

Positives

  • The acquisition of stock units by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

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

Industry Context

Director stock ownership is a common practice in publicly traded companies and is often viewed as aligning the interests of management with those of shareholders.

Stakeholder Impact

  • The acquisition of stock units by a director can influence investor sentiment.

Key Dates

DateDescription
03/21/2025Date of the transaction and filing of the Form 4.

Keywords

Form 4, Director, Stock Units, Texas Instruments, TXN, Beneficial Ownership, Pamela Patsley

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