Director Janet F. Clark filed a Form 4 with the SEC on October 29, 2026, reporting the exercise of stock options and the sale of Texas Instruments Incorporated common stock on October 27, 2026.

Key Highlights

  • Option exercise: Clark acquired 4,306 shares of common stock via an NQ Stock Option exercise at a conversion price of $110.15 per share on October 27, 2026.
  • First sale: 3,956 shares were sold at a weighted average price of $302.40, with individual sale prices ranging from $302.11 to $303.01.
  • Second sale: 350 shares were sold at a weighted average price of $303.17, with individual sale prices ranging from $303.13 to $303.24.
  • Remaining ownership: Following all reported transactions, Clark directly held 11,341 shares of common stock.
  • Option fully exercised: The NQ Stock Option, which had become exercisable in four equal annual installments beginning January 25, 2019, shows 0 derivative securities remaining after the exercise.
  • Relationship to issuer: Clark is identified in the filing as a Director of Texas Instruments Incorporated, listed on NASDAQ:TXN.

Clark Exercises Long-Held Options and Reduces Common Stock Position

According to the Form 4 filed with the SEC on October 29, 2026, Janet F. Clark, a Director of Texas Instruments Incorporated (NASDAQ:TXN), executed three transactions on October 27, 2026. The first was a transaction coded "M," reflecting the exercise of 4,306 NQ Stock Options at a conversion price of $110.15 per share, which brought her directly held common stock to 15,647 shares following that transaction.

The filing then reported two separate sales of common stock. Clark disposed of 3,956 shares at a weighted average price of $302.40, with individual sale prices ranging from $302.11 to $303.01, reducing her direct holdings to 11,691 shares. A second sale of 350 shares followed at a weighted average price of $303.17, with prices ranging from $303.13 to $303.24, leaving her with 11,341 shares held directly after all reported transactions.

The filing noted that the NQ Stock Option exercised had an expiration date of January 25, 2028, and had become exercisable in four equal annual installments beginning January 25, 2019. According to the filing, the option's price was $110.15 and the underlying security was Texas Instruments common stock. After the exercise, the filing reports 0 derivative securities of this type remaining. The filing was signed by John Whitney as Attorney in Fact on October 29, 2026, and indicates this was a filing by one reporting person.

What Was Disclosed

Director Janet F. Clark reported the exercise of 4,306 NQ Stock Options and the subsequent sale of a total of 4,306 shares of Texas Instruments common stock on October 27, 2026, leaving her with 11,341 directly held shares.