Form 4: Texas Instruments Director Templeton Reports Stock Transactions

Richard K. Templeton, a director at Texas Instruments, reported the disposition of shares to cover tax obligations and discloses beneficial ownership.

Summary

• Richard K. Templeton, a director and Chairman at Texas Instruments, filed a Form 4 detailing changes in his beneficial ownership of TXN stock.
• On January 31, 2025, Templeton disposed of 14,813 shares of common stock at a price of $185.27 per share.
• This transaction was related to tax obligations.
• Following the transaction, Templeton directly owns 409,089 shares.
• Templeton also indirectly owns 48,840 shares through trusts for his children, 307.94 shares through a TI 401(k) account, and 12,681.05 shares through a TI Universal Profit Sharing Account.
• The shares held in the 401(k) and profit sharing accounts are estimates as of December 31, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Investors monitor these filings to gain insights into management's perspective on the company's stock.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant given the relatively small number of shares involved compared to the total outstanding shares.

Key Dates