Texas Instruments (TXN) director receives 146 stock units as deferred equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Texas Instruments director Pamela H. Patsley received a grant of 146.050 stock units on common stock on March 20, 2026. These stock units were credited at a reference price of $188.29 per unit and convert into common stock on a one-for-one basis.
The stock units were granted under the Texas Instruments 2018 Director Compensation Plan and will be settled in common stock after she terminates service as a director. Following this grant, end-of-period holdings total 64,778.700 stock units and 34,487 shares of common stock held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
PATSLEY PAMELA H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 146.05 | $188.29 | $27K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Units — 64,778.7 shares (Direct);
Common Stock — 34,487 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 Pamela H. Patsley report in this Form 4?
Pamela H. Patsley reported a grant of 146.050 stock units tied to Texas Instruments common stock. The units are part of director compensation and increase her deferred equity holdings, without representing an open-market purchase or sale of TXN shares.
How many stock units did Pamela H. Patsley acquire in the latest TXN Form 4?
She acquired 146.050 stock units credited under the 2018 Director Compensation Plan. Each unit is linked to one share of Texas Instruments common stock and will ultimately be settled in shares after her board service ends, aligning compensation with shareholder value.
At what reference price were the new Texas Instruments stock units credited?
The 146.050 stock units were credited at a reference price of $188.29 per unit. This price is used for valuing the award but does not reflect an open-market trade, as the grant is part of non-cash director compensation rather than a market transaction.
What are Pamela H. Patsley’s total stock unit holdings after this TXN grant?
After the grant, her end-of-period holdings include 64,778.700 stock units. These units were accumulated under the current and predecessor director compensation plans, including amounts from dividend reinvestment, and will eventually be settled in Texas Instruments common stock.
When will the reported Texas Instruments stock units be settled into common stock?
The stock units will be settled in Texas Instruments common stock after Pamela H. Patsley’s termination of service as a director. Until then, they remain deferred compensation units, accumulating value and dividend-linked credits under the company’s 2018 Director Compensation Plan.