Texas Instruments (NASDAQ: TXN) exec sells 18,189 shares after option exercise
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
Exercise and Sale: 18,189 shares ($2.18M approx. pre-tax spread)
Exercise and Sale
9 txns
Insider
Leonard Shanon J
Role
Sr. Vice President
Sold
18,189 shs ($5.06M)
Approx. gross sale proceeds
$5.06M
Approx. exercise cost
$2.88M
Approx. pre-tax spread
$2.18M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | NQ Stock Option (Right to Buy) | 1,700 | $0.00 | $0.00 |
| Exercise | NQ Stock Option (Right to Buy) | 3,423 | $0.00 | $0.00 |
| Exercise | NQ Stock Option (Right to Buy) | 5,529 | $0.00 | $0.00 |
| Exercise | NQ Stock Option (Right to Buy) | 7,537 | $0.00 | $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);
Common Stock — 31,975 shares (Direct)
Footnotes (5)
- F1. 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.
- F2. The option became exercisable in four equal annual installments beginning on January 25, 2020.
- F3. The option became exercisable in four equal annual installments beginning on January 24, 2021.
- F4. The option became exercisable in four equal annual installments beginning on January 28, 2022.
- F5. 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""
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.