Texas Instruments (TXN) director granted 146 stock units under 2018 compensation plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Texas Instruments director Curtis C. Farmer received a grant of stock units as part of his director compensation. On March 20, 2026, he was awarded 146.0500 stock units that convert into common stock on a one-for-one basis at no exercise price.
These stock units were credited under the Texas Instruments 2018 Director Compensation Plan and will be settled in common stock after he leaves the board. End-of-period holdings show 2,049.1100 stock units and 2,911.0000 shares of common stock held directly.
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 | 146.05 | $188.29 | $27K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Units — 2,049.11 shares (Direct);
Common Stock — 2,911 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 did Texas Instruments (TXN) director Curtis C. Farmer report in this Form 4?
Curtis C. Farmer reported receiving 146.0500 stock units as director compensation. The units were granted on March 20, 2026 and convert into common stock on a one-for-one basis under the Texas Instruments 2018 Director Compensation Plan, with settlement after his board service ends.
How many stock units did Curtis C. Farmer receive from Texas Instruments (TXN)?
He received 146.0500 stock units on March 20, 2026. These stock units convert into an equal number of Texas Instruments common shares and are credited under the 2018 Director Compensation Plan, to be settled in common stock when his service as a director terminates.
What are Curtis C. Farmer’s total stock unit holdings in Texas Instruments (TXN) after this transaction?
After the grant, he directly holds 2,049.1100 stock units. These end-of-period holdings include units acquired through dividend reinvestment under the 2018 Director Compensation Plan and its predecessor plan, all of which will eventually be settled in Texas Instruments common stock.
How do the stock units granted to Curtis C. Farmer by Texas Instruments (TXN) convert into common stock?
The stock units convert into common stock on a one-for-one basis. Each stock unit represents the right to receive one share of Texas Instruments common stock, with settlement occurring after Mr. Farmer’s termination of service as a director, consistent with the 2018 Director Compensation Plan.
When will Curtis C. Farmer’s Texas Instruments (TXN) stock units be settled into common shares?
The stock units will be settled after his termination of service as a director. Under the Texas Instruments 2018 Director Compensation Plan, the credited stock units are paid out in common stock only once his board service with the company ends.