TI Board Member Boosts Stake Through Director Compensation Plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Texas Instruments director Curtis C. Farmer reported new insider transactions on June 28, 2025. The key details include:
- Acquired 138.64 stock units at $198.35 per unit on June 20, 2025, under the Texas Instruments 2018 Director Compensation Plan
- Currently holds 2,386 shares of common stock directly
- Maintains 1,483.2 derivative securities (stock units) that convert to common stock on a one-for-one basis
The stock units will be settled in common stock following Farmer's termination of service as director. The holdings include units acquired through dividend reinvestment under both the 2018 Plan and its predecessor. This transaction was documented via Form 4 filing, indicating changes in beneficial ownership pursuant to Section 16(a) of the Securities Exchange Act.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FARMER CURTIS C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 138.64 | $198.35 | $27K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Units — 1,483.2 shares (Direct);
Common Stock — 2,386 shares (Direct)
Footnotes (1)
- Security converts to common stock on a one-for-one basis. Stock units credited under the Texas Instruments 2018 Director Compensation Plan, to be settled in common stock of the Issuer following the reporting person's termination of service as a director of the Issuer. End-of-period holdings include stock units acquired pursuant to the dividend reinvestment provision of the 2018 Plan and the predecessor director compensation plan.
FAQ
What insider trading activity occurred at TXN on June 20, 2025?
Director Curtis C. Farmer acquired 138.64 stock units under the Texas Instruments 2018 Director Compensation Plan at a price of $198.35 per unit. These units convert to common stock on a one-for-one basis.
What is the vesting or settlement structure for TXN's director stock units?
The stock units will be settled in TXN common stock following the reporting person's termination of service as a director. The units also include additional units acquired through dividend reinvestment under the 2018 Director Compensation Plan and its predecessor plan.
Was TXN Director Farmer's stock acquisition made under Rule 10b5-1?
The Form 4 filing does not indicate that this transaction was made pursuant to a Rule 10b5-1 trading plan, as the corresponding checkbox was not marked on the form.
What is Curtis Farmer's role at Texas Instruments (TXN)?
Curtis C. Farmer serves as a Director on Texas Instruments' Board of Directors. This is confirmed by the 'X' marked in the Director box under Section 5 of the Form 4 filing.