Form 4: TXN Director Curtis Farmer Boosts Equity Holdings

Texas Instruments director Curtis C. Farmer acquired 151.42 stock units under the company's compensation plan, increasing his total beneficial ownership.

Summary

• Curtis C. Farmer, a director at Texas Instruments Inc. (TXN), reported changes in his beneficial ownership.
• He acquired 151.42 stock units on September 19, 2025, 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 upon his termination of service as a director.
• The acquisition price for the derivative security was $181.62 per unit.
• Following this transaction, Farmer beneficially owns 1,645.6 stock units directly.
• He also directly owns 2,386 shares of common stock.
• The transaction was made pursuant to a Rule 10b5-1 plan, indicating a pre-arranged trading plan.

Sentiment

Score: 7

Explanation: The acquisition of stock units by a director is generally viewed positively as it indicates confidence in the company's future performance and aligns management interests with shareholders.

Positives

• Director Curtis C. Farmer acquired 151.42 stock units, indicating continued confidence in the company's future performance.
• The acquisition was part of the company's 2018 Director Compensation Plan, aligning director interests with shareholders.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Acquisition of 151.42 stock units by Director Curtis C. Farmer under the Texas Instruments 2018 Director Compensation Plan, to be settled in common stock upon termination of service.

Stakeholder Impact

• Shareholders: Potential positive sentiment due to a director increasing their beneficial ownership, signaling confidence in the company.

Key Dates

Recommendation

The acquisition of stock units by a director, even if part of a compensation plan, generally signals management's confidence in the company's future prospects. This insider buying activity can be interpreted as a positive indicator for investors, suggesting a favorable outlook for the stock.

Keywords

Texas Instruments, TXN, insider trading, Form 4, director compensation, stock units, equity acquisition, Curtis C. Farmer, Rule 10b5-1