Texas Instruments (NASDAQ: TXN) exec sells 18,189 shares after option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Texas Instruments senior vice president Leonard Shanon J reported a combined option exercise and share sale in the company’s stock. On April 24, 2026, he exercised stock options covering 18,189 shares of common stock at strike prices of $104.41, $130.52, $169.23 and $174.81 per share. That same day, he executed an open-market sale of 18,189 common shares at a weighted average price of $277.9541 per share, with individual sale prices ranging from $277.36 to $278.30. The transactions reflect an exercise-and-sell pattern in which option awards were converted into shares and then sold for cash, and he continued to hold Texas Instruments stock directly afterward.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 18,189 shares ($5,055,707)
Net Sell
9 txns
Insider
Leonard Shanon J
Role
Sr. Vice President
Sold
18,189 shs ($5.06M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | NQ Stock Option (Right to Buy) | 1,700 | $0.00 | -- |
| Exercise | NQ Stock Option (Right to Buy) | 3,423 | $0.00 | -- |
| Exercise | NQ Stock Option (Right to Buy) | 5,529 | $0.00 | -- |
| Exercise | NQ Stock Option (Right to Buy) | 7,537 | $0.00 | -- |
| Exercise | Common Stock | 1,700 | $104.41 | $177K |
| Exercise | Common Stock | 3,423 | $130.52 | $447K |
| Exercise | Common Stock | 5,529 | $169.23 | $936K |
| Exercise | Common Stock | 7,537 | $174.81 | $1.32M |
| Sale | Common Stock | 18,189 | $277.9541 | $5.06M |
Holdings After Transaction:
NQ Stock Option (Right to Buy) — 0 shares (Direct, null);
Common Stock — 33,675 shares (Direct, null)
Footnotes (1)
- The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $277.36 to $278.3. 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, 2020. The option became exercisable in four equal annual installments beginning on January 24, 2021. The option became exercisable in four equal annual installments beginning on January 28, 2022. The option became exercisable in four equal annual installments beginning on January 27, 2023.
Key Figures
Shares sold: 18,189 shares
Weighted average sale price: $277.9541 per share
Options exercised (total shares): 18,189 shares
+5 more
8 metrics
Shares sold
18,189 shares
Open-market sale of common stock on April 24, 2026
Weighted average sale price
$277.9541 per share
Common stock sale on April 24, 2026; trades $277.36–$278.30
Options exercised (total shares)
18,189 shares
Aggregate shares from four nonqualified stock option exercises
Option strike price
$174.81 per share
NQ stock option on 7,537 underlying common shares
Option strike price
$169.23 per share
NQ stock option on 5,529 underlying common shares
Option strike price
$130.52 per share
NQ stock option on 3,423 underlying common shares
Option strike price
$104.41 per share
NQ stock option on 1,700 underlying common shares
Net-sell shares
18,189 shares
transactionSummary netBuySellShares marked as net-sell
Key Terms
weighted average sale price, NQ Stock Option (Right to Buy), Exercise or conversion of derivative security, open-market sale, +1 more
5 terms
weighted average sale price financial
"The price in Table 1 is a weighted average sale price."
NQ Stock Option (Right to Buy) financial
"security_title: "NQ Stock Option (Right to Buy)""
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
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.
non-derivative financial
"transaction_type: "non-derivative""
FAQ
What insider transaction did Texas Instruments (TXN) report for Leonard Shanon J?
Texas Instruments reported that senior vice president Leonard Shanon J exercised stock options for 18,189 shares and sold 18,189 common shares in open-market trades on April 24, 2026, converting option-based compensation into cash while remaining a direct shareholder.
What stock options did the Texas Instruments (TXN) executive exercise in this Form 4?
The executive exercised nonqualified stock options covering a total of 18,189 Texas Instruments shares at strike prices of $104.41, $130.52, $169.23, and $174.81 per share, reflecting multiple grants that had become exercisable in four equal annual installments over several years.
Is the Texas Instruments (TXN) insider transaction an open-market sale or tax withholding?
The filing classifies the 18,189-share disposition as an open-market sale, coded “S” on the Form 4, separate from tax-withholding activity. The transactionSummary shows net-sell shares of 18,189, indicating the sale was a discretionary market transaction rather than automatic withholding.