Leonard Shanon J 4

What Happened Leonard (Shanon) J, Senior Vice President at Texas Instruments (TXN), received equity awards on Jan 29, 2026: 5,252 restricted stock units (RSUs) and a separate 18,604-share derivative award. To cover tax withholding related to the award, 440 shares were surrendered/withheld on Jan 30, 2026 at $218.97 per share, totaling $96,347.

Key Details

• Transaction dates: Award(s) on 2026-01-29; tax withholding (disposition of 440 shares) on 2026-01-30.
• Prices and values: Withheld shares disposed at $218.97 each for $96,347. Awarded shares reported at $0.00 acquisition price (typical for grants).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 indicates the award of restricted stock units under the 2024 Long-Term Incentive Plan. F2 notes the derivative (option-like) award becomes exercisable in four equal installments beginning 2027-01-29.
• Filing timeliness: Filing dated 2026-02-02 for transactions on 2026-01-29/30; no late-filing flag provided in the supplied data.

Context

• The 5,252-share entry is an RSU award (F1). The 18,604-share “derivative” award appears to be a grant with exercise/vesting terms—F2 says it vests/exercises in four equal installments starting Jan 29, 2027.
• The 440-share "Disposed" entry is a tax-withholding action (code F), not an open-market sale; this is a routine administrative step when RSUs vest.
• These types of grants are compensation/retention measures and do not by themselves indicate the insider is buying or selling stock as a bet on near-term price direction.