Texas Instruments (NASDAQ: TXN) exec covers taxes with 2,145 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Texas Instruments Sr. Vice President Shanon J. Leonard reported a tax-withholding share transfer. On this Form 4, 2,145 shares of common stock were disposed of at $280.89 per share to cover tax obligations. After this routine withholding, Leonard directly holds 29,830 shares of Texas Instruments stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Leonard Shanon J
Role
Sr. Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,145 | $280.89 | $603K |
Holdings After Transaction:
Common Stock — 29,830 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withholding shares: 2,145 shares
Per-share value: $280.89 per share
Shares held after transaction: 29,830 shares
3 metrics
Tax-withholding shares
2,145 shares
Shares disposed of as tax-withholding disposition
Per-share value
$280.89 per share
Value used for the 2,145-share tax-withholding event
Shares held after transaction
29,830 shares
Direct holdings following the tax-withholding disposition
Key Terms
tax-withholding disposition, Form 4, Sr. Vice President
3 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Sr. Vice President financial
"officer_title": "Sr. Vice President""
FAQ
What insider transaction did Texas Instruments (TXN) report for Shanon J. Leonard?
Texas Instruments reported that Sr. Vice President Shanon J. Leonard had 2,145 shares of common stock withheld as a tax-withholding disposition. This was recorded on a Form 4 insider filing as a routine mechanism to satisfy tax obligations in shares.
Was Shanon J. Leonard’s Texas Instruments (TXN) transaction a market sale or tax withholding?
The Form 4 identifies the transaction as a tax-withholding disposition with code “F,” not an open-market sale. Shares were delivered to cover exercise price or tax liability, a common non-market mechanism tied to equity compensation events.