Texas Instruments (TXN) CEO exercises options and sells 20,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Texas Instruments Inc. chairman, president and CEO Ilan Haviv reported an exercise-and-sell stock transaction. On May 4, 2026, he exercised a non-qualified stock option for 20,000 shares of common stock at $79.26 per share and acquired those shares.
On the same date, he sold 20,000 shares of common stock in an open-market transaction at a weighted average price of $280.3225 per share, with individual sale prices ranging from $279.87 to $280.755. After these transactions, he held 204,339 shares directly and 32,990 shares indirectly through his spouse, so the sale represents a small portion of his overall reported holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,000 shares ($5,606,450)
Net Sell
4 txns
Insider
Ilan Haviv
Role
Chairman, President & CEO
Sold
20,000 shs ($5.61M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | NQ Stock Option (Right to Buy) | 20,000 | $0.00 | -- |
| Exercise | Common Stock | 20,000 | $79.26 | $1.59M |
| Sale | Common Stock | 20,000 | $280.3225 | $5.61M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
NQ Stock Option (Right to Buy) — 0 shares (Direct, null);
Common Stock — 224,339 shares (Direct, null);
Common Stock — 32,990 shares (Indirect, By Spouse)
Footnotes (1)
- The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $279.87 to $280.755. 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 26, 2018.
Key Figures
Shares sold: 20,000 shares
Weighted average sale price: $280.3225 per share
Option exercise price: $79.26 per share
+4 more
7 metrics
Shares sold
20,000 shares
Open-market sale of common stock on May 4, 2026
Weighted average sale price
$280.3225 per share
20,000-share sale; trades ranged $279.87–$280.755
Option exercise price
$79.26 per share
Non-qualified stock option for 20,000 shares exercised May 4, 2026
Shares acquired via exercise
20,000 shares
Conversion of NQ stock option into common stock
Direct holdings after transactions
204,339 shares
Common stock directly owned by Ilan Haviv post-transaction
Indirect holdings by spouse
32,990 shares
Common stock held indirectly through spouse
Option vesting start date
January 26, 2018
Option became exercisable in four equal annual installments
Key Terms
weighted average sale price, non-qualified stock option, open-market sale, derivative exercise/conversion, +1 more
5 terms
weighted average sale price financial
"The price in Table 1 is a weighted average sale price."
non-qualified stock option financial
"NQ Stock Option (Right to Buy) for 20,000 shares at $79.26."
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
open-market sale financial
"transaction_action": "open-market sale" for 20,000 common shares."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion" for the option."
indirect ownership financial
"ownership_type": "indirect" and nature_of_ownership": "By Spouse"."
FAQ
What insider transactions did Ilan Haviv report for TEXAS INSTRUMENTS INC (TXN)?
Ilan Haviv reported exercising options for 20,000 Texas Instruments common shares at $79.26 and selling 20,000 shares at a weighted average of $280.3225. This exercise-and-sell pattern converts an option position into cash while maintaining a substantial remaining shareholding.
At what prices did the TEXAS INSTRUMENTS INC (TXN) CEO’s Form 4 sales occur?
The reported 20,000-share sale used a weighted average price of $280.3225 per share. Footnotes state individual trades occurred between $279.87 and $280.755. The issuer undertook to provide a detailed breakdown of prices and volumes upon request.
What stock option did the TEXAS INSTRUMENTS INC (TXN) CEO exercise in this Form 4?
He exercised a non-qualified stock option for 20,000 shares of Texas Instruments common stock at a conversion or exercise price of $79.26 per share. A footnote explains the option became exercisable in four equal annual installments beginning on January 26, 2018.
Does the TEXAS INSTRUMENTS INC (TXN) Form 4 show remaining options after the exercise?
The filing’s derivative section shows the non-qualified stock option for 20,000 shares going to zero after exercise, and the derivative summary is empty. This indicates the specific option grant reported here was fully exercised with no remaining balance under that grant.