Form 4: Texas Instruments Executive Gary Mark Reports Stock Disposal
SEC Form 4 Filing
Senior Vice President Gary Mark of Texas Instruments reported disposing of 2,840 shares of common stock on October 31, 2024, at a price of $207.93 per share.
Summary
- Gary Mark, a Senior Vice President at Texas Instruments, filed a Form 4 with the SEC.
- The filing reports a transaction that occurred on October 31, 2024.
- Mr. Mark disposed of 2,840 shares of Texas Instruments common stock.
- The shares were disposed of at a price of $207.93 per share.
- Following the transaction, Mr. Mark beneficially owns 42,303 shares of Texas Instruments common stock directly.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock transaction by an insider. The sentiment is neither positive nor negative without additional context.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and are closely watched by investors for insights into management's perspective on the company's stock.
Stakeholder Impact
- The disposal of shares by a high-ranking executive could be perceived negatively by shareholders, although it is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 10/31/2024 | Date of transaction: Gary Mark disposed of 2,840 shares of TXN stock. |
| 11/04/2024 | Date of filing: Form 4 filing date. |
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