Texas Instruments Director Pamela Patsley Exercises Options and Sells $1.37M in TXN Stock

Executive Summary

On October 29, 2026, Texas Instruments Inc ($TXN) filed a Form 4 disclosing insider activity by Director Pamela H. Patsley. On October 27, 2026, Patsley exercised non-qualified stock options to acquire 4,532 shares of Common Stock at an exercise price of $104.41 per share and concurrently sold the identical 4,532 shares at a weighted-average price of $301.56 per share. The gross proceeds from the sale totaled approximately $1.37 million.

Transaction Breakdown

• Option Exercise (Code M): 4,532 shares acquired at $104.41 per share, representing an option granted with an expiration date of January 25, 2029.
• Open Market Sale (Code S): 4,532 shares sold at a volume-weighted average price of $301.56 (individual transaction prices ranged from $301.35 to $301.88).
• Net Cash Realized (Pre-Tax): Approximately $893,391.80 (Gross sale proceeds of $1,366,669.92 less exercise cost of $473,186.12).
• Post-Transaction Ownership: Patsley's directly owned common stock holdings returned to 34,487 shares, leaving baseline equity ownership unchanged.

Market and Trading Significance

The transaction is classified as Low trading significance. This represents a standard exercise-and-sell transaction where the insider captured option value without reducing their ongoing core holding of 34,487 shares of TXN common stock.