Director Pamela H. Patsley filed a Form 4 with the SEC on October 29, 2026, reporting the exercise of a stock option and the same-day sale of 4,532 shares of Texas Instruments common stock on October 27, 2026.

Key Highlights

  • Option exercise: Patsley exercised a non-qualified stock option (transaction code M) to acquire 4,532 shares of common stock at an exercise price of $104.41 per share on October 27, 2026.
  • Shares sold: 4,532 shares of common stock were disposed of (transaction code S) on October 27, 2026, at a weighted average sale price of $301.56, with individual sale prices ranging from $301.35 to $301.88.
  • Beneficial ownership after transactions: Patsley directly owned 34,487 shares following the reported transactions.
  • Option details: The exercised option had an exercise price of $104.41 and became exercisable in four equal annual installments beginning January 25, 2020, with an expiration date of January 25, 2029.
  • Remaining derivative securities: Following the exercise, Patsley held zero NQ stock options of this series, according to the filing.
  • Signed by attorney in fact: The form was signed by John Whitney as attorney in fact on October 29, 2026.

Patsley Option Exercise and Share Sale at Texas Instruments: October 27, 2026

According to the Form 4 filed with the SEC, Pamela H. Patsley, a director of Texas Instruments Inc (NASDAQ:TXN), reported two transactions in the company's common stock on October 27, 2026. First, she exercised a non-qualified stock option to acquire 4,532 shares at the option's exercise price of $104.41 per share, bringing her directly held position to 39,019 shares at that point in the sequence of transactions.

Immediately following the exercise, the filing shows Patsley disposed of the same 4,532 shares at a weighted average price of $301.56. The filing notes that the sales occurred at prices ranging from $301.35 to $301.88, and that the issuer undertakes to provide a detailed breakout of sale prices and share counts at each price upon request. After both transactions, her direct beneficial ownership stood at 34,487 shares of common stock, as reported in the filing.

The underlying option, which carried an exercise price of $104.41 and an expiration date of January 25, 2029, had become exercisable in four equal annual installments beginning January 25, 2020, according to the filing's footnotes. Following this exercise, the filing reflects zero remaining options in this series held by Patsley.

What Was Disclosed

Director Pamela H. Patsley of Texas Instruments reported the exercise of 4,532 non-qualified stock options at $104.41 and the same-day sale of those shares at a weighted average price of $301.56, leaving her with a direct beneficial ownership of 34,487 shares.