Texas Instruments insider sale: Patsley disposes 33,962 shares; receives deferred stock units
Rhea-AI Filing Summary
Pamela H. Patsley, a director of Texas Instruments Incorporated (TXN), reported transactions on 09/19/2025. The filing shows a disposal of 33,962 shares of common stock. The report also records the crediting of 151.42 stock units
Positive
- Stock units credited under the 2018 Director Compensation Plan that convert one-for-one to common stock and are preserved for future settlement
- End-of-period holdings include dividend-reinvested units, indicating continued participation in the company's director compensation arrangements
Negative
- Disposition of 33,962 common shares by a director, which reduces the director's immediate beneficial ownership
Insights
TL;DR: Director sold a meaningful block of shares and received deferred stock units under the director compensation plan; impact appears routine and non-operational.
The 09/19/2025 Form 4 shows Pamela Patsley, a TXN director, disposed of 33,962 common shares, a direct sale that reduces her immediate ownership stake. Separately, 151.42 stock units were credited under the 2018 Director Compensation Plan; those units convert one-for-one to common stock and will be settled in shares after she leaves board service. The filing discloses inclusion of dividend-reinvested units and predecessor-plan holdings in end-of-period totals. There are no option exercises, new grants with cash exercise, or other derivative exercises reported. This pattern—cash or market sale combined with deferred compensation in stock units—is a common governance/compensation occurrence and does not by itself indicate operational changes at the company.
TL;DR: Insider disposition paired with director deferred-stock credit is consistent with routine compensation and liquidity management.
The Form 4 documents a direct sale of 33,962 shares by a director and the crediting of 151.42 stock units under the director compensation plan, which are payable in shares after termination of service. The explanation clarifies one-for-one conversion and inclusion of dividend-reinvested units. There is no indication of a Rule 10b5-1 plan checkbox being checked on the form text provided, nor other special purpose transactions. From a governance standpoint, the filing reflects standard director compensation mechanics and a stand-alone sale; it does not present any disclosed corporate governance concerns or extraordinary related-party transactions.