Texas Instruments (NASDAQ: TXN) director exercises options and sells 8,838 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Texas Instruments director Carrie Smith Cox exercised stock options and sold the resulting shares of common stock. She exercised options for 4,532 shares at $104.41 per share and 4,306 shares at $110.15 per share, then sold a total of 8,838 shares in open-market transactions around $306 per share. Following these transactions, she holds 37,626 shares of Texas Instruments common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,838 shares ($2,708,029)
Net Sell
6 txns
Insider
COX CARRIE SMITH
Role
null
Sold
8,838 shs ($2.71M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | NQ Stock Option (Right to Buy) | 4,306 | $0.00 | -- |
| Exercise | NQ Stock Option (Right to Buy) | 4,532 | $0.00 | -- |
| Exercise | Common Stock | 4,306 | $110.15 | $474K |
| Exercise | Common Stock | 4,532 | $104.41 | $473K |
| Sale | Common Stock | 8,393 | $306.3737 | $2.57M |
| Sale | Common Stock | 445 | $307.0433 | $137K |
Holdings After Transaction:
NQ Stock Option (Right to Buy) — 0 shares (Direct, null);
Common Stock — 41,932 shares (Direct, null)
Footnotes (1)
- The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $305.91 to $306.89. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price. The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $306.94 to $307.24. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price. The option became exercisable in four equal annual installments beginning on January 25, 2019. The option became exercisable in four equal annual installments beginning on January 25, 2020.
Key Figures
Shares sold: 8,838 shares
Sale price (first block): $307.0433 per share
Sale price (second block): $306.3737 per share
+4 more
7 metrics
Shares sold
8,838 shares
Total common shares sold in open-market transactions on May 13, 2026
Sale price (first block)
$307.0433 per share
Weighted average price for 445-share sale of common stock
Sale price (second block)
$306.3737 per share
Weighted average price for 8,393-share sale of common stock
Options exercised (first grant)
4,532 shares at $104.41
Nonqualified stock option exercise into common stock
Options exercised (second grant)
4,306 shares at $110.15
Nonqualified stock option exercise into common stock
Shares owned after transactions
37,626 shares
Director’s direct holdings of Texas Instruments common stock after May 13, 2026
Net buy/sell direction
8,838 net shares sold
Form 4 transaction summary netBuySellShares
Key Terms
NQ Stock Option (Right to Buy), weighted average sale price, non-derivative, derivative security
4 terms
NQ Stock Option (Right to Buy) financial
"security_title: NQ Stock Option (Right to Buy)"
weighted average sale price financial
"The price in Table 1 is a weighted average sale price."
non-derivative financial
"transaction_type: non-derivative"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did TXN director Carrie Smith Cox report?
Carrie Smith Cox reported exercising stock options and selling the resulting shares. She exercised options for 8,838 Texas Instruments common shares and then sold all 8,838 shares in open-market transactions, converting an option position into common stock and then into cash.
At what prices were the TXN insider sales executed?
The filing reports weighted average sale prices around $306.37 and $307.04 per share. Footnotes state actual sale prices ranged from $305.91 to $307.24, and Texas Instruments undertakes to provide detailed price breakdowns upon request.
What were the stock option exercise prices in the TXN Form 4?
The director exercised two nonqualified stock option grants with exercise prices of $104.41 and $110.15 per share. Each option converted into the same number of Texas Instruments common shares as reported, 4,532 and 4,306 shares respectively, before the subsequent sales.
Were the Texas Instruments (TXN) insider sales large compared with the exercised options?
The number of shares sold, 8,838, matches the total shares acquired through option exercises. This pattern indicates an exercise-and-sell transaction, where all shares obtained by exercising the two stock option grants were then sold in the market on the same reported date.