Texas Instruments (TXN) SVP exercises options and sells 13,689 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Texas Instruments senior vice president Gary Mark exercised stock options and sold shares on the same day. On April 30, 2026, he exercised a non-qualified stock option for 13,689 shares of common stock at $130.5200 per share and sold 13,689 common shares in an open-market transaction at a weighted average price of $279.2513 per share.
After these transactions, Mark directly held 45,547 shares of Texas Instruments common stock. A footnote states the sale prices ranged from $279.15 to $280.0367, with detailed price and volume breakdowns available on request. The option exercised related to 13,689 underlying shares and had an original expiration date of January 24, 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 13,689 shares ($3,822,671)
Net Sell
3 txns
Insider
Gary Mark
Role
Sr. Vice President
Sold
13,689 shs ($3.82M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | NQ Stock Option (Right to Buy) | 13,689 | $0.00 | -- |
| Exercise | Common Stock | 13,689 | $130.52 | $1.79M |
| Sale | Common Stock | 13,689 | $279.2513 | $3.82M |
Holdings After Transaction:
NQ Stock Option (Right to Buy) — 0 shares (Direct, null);
Common Stock — 59,236 shares (Direct, null)
Footnotes (1)
- The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $279.15 to $280.0367. 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 will become exercisable in four equal annual installments beginning on January 24, 2021.
Key Figures
Shares sold: 13,689 shares
Weighted average sale price: $279.2513 per share
Option exercise price: $130.5200 per share
+4 more
7 metrics
Shares sold
13,689 shares
Open-market sale on April 30, 2026
Weighted average sale price
$279.2513 per share
Common stock sale on April 30, 2026
Option exercise price
$130.5200 per share
NQ Stock Option exercise for 13,689 underlying shares
Shares held after transactions
45,547 shares
Direct common stock ownership after April 30, 2026 sale
Underlying option shares
13,689 shares
NQ Stock Option (Right to Buy) exercised
Option expiration date
January 24, 2030
Original expiration of exercised NQ Stock Option
Sale price range
$279.15–$280.0367 per share
Price range for reported common stock sales
Key Terms
NQ Stock Option (Right to Buy), weighted average sale price, derivative security, non-derivative, +1 more
5 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."
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.
non-derivative financial
"transaction_type: "non-derivative""
open-market sale financial
"transaction_action: "open-market sale""
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.
FAQ
What insider transactions did Texas Instruments (TXN) executive Gary Mark report?
Gary Mark reported exercising options for 13,689 Texas Instruments shares at $130.5200 each and selling 13,689 common shares in the open market at a weighted average price of $279.2513 per share, all on April 30, 2026.
What were the terms of Gary Mark’s exercised Texas Instruments stock option?
Gary Mark exercised a non-qualified stock option covering 13,689 underlying Texas Instruments common shares at a conversion or exercise price of $130.5200 per share. The option was scheduled to expire on January 24, 2030 and vested in four equal annual installments beginning January 24, 2021.
Did the Texas Instruments Form 4 involve derivative securities?
Yes. One transaction involved an NQ Stock Option (Right to Buy) for 13,689 underlying Texas Instruments common shares. This derivative was exercised on April 30, 2026, reducing the option position to zero and converting it into common stock, which was then sold.