Director Robert E. Sanchez filed a Form 4 with the SEC on October 29, 2026, disclosing transactions in Texas Instruments Inc common stock and an NQ stock option on October 27, 2026.

Key Highlights

  • Option exercise: Sanchez exercised 6,065 NQ stock options at an exercise price of $79.26 per share, acquiring 6,065 shares of common stock.
  • Sale at weighted average $302.14: 5,588 shares were sold at a weighted average price of $302.14, with individual sale prices ranging from $301.92 to $302.91.
  • Sale at weighted average $303.07: An additional 477 shares were sold at a weighted average price of $303.07, with prices ranging from $302.98 to $303.31.
  • Remaining direct ownership: Following all reported transactions, Sanchez directly beneficially owned 21,600 shares of common stock.
  • Option fully disposed: The exercised NQ stock option, which had an expiration date of January 26, 2027, was reduced to zero derivative securities following the exercise.

Robert E. Sanchez October 2026 Transactions in Texas Instruments Stock

According to the Form 4 filed on NASDAQ:TXN on October 29, 2026, director Robert E. Sanchez conducted three transactions in Texas Instruments Inc common stock on October 27, 2026. The first was the exercise of 6,065 NQ stock options at an exercise price of $79.26 per share, coded as an "M" transaction, which increased his direct beneficial ownership to 27,665 shares.

The filing discloses two subsequent sales of common stock on the same date. In the first sale, 5,588 shares were disposed of at a weighted average price of $302.14, with actual sale prices ranging from $301.92 to $302.91, reducing his holdings to 22,077 shares. A second sale of 477 shares followed at a weighted average price of $303.07, with prices ranging from $302.98 to $303.31, bringing his direct ownership to 21,600 shares. According to the filing, the issuer undertakes to provide upon request a detailed breakout of the sale prices and number of shares sold at each price for both sales.

The underlying NQ stock option carried an exercise price of $79.26 and an expiration date of January 26, 2027. The filing notes that the option "became exercisable in four equal annual installments beginning on January 26, 2018." Following the exercise, the number of derivative securities beneficially owned fell to zero. The Form 4 was signed by John Whitney as attorney in fact on October 29, 2026.

What Was Disclosed

The filing reports director Robert E. Sanchez's exercise of 6,065 NQ stock options and the same-day sale of all 6,065 resulting shares in two tranches, leaving him with 21,600 shares of Texas Instruments common stock held directly.