Hobby Jean M. 4

What Happened

• Hobby Jean, a director of Texas Instruments (TXN), received a total of 2,385 restricted stock units on January 29, 2026: 525 shares reported as acquired and 1,860 reported as derivative awards. Both items were reported at $0.00 (awards/grants), meaning no cash was exchanged at grant.

Key Details

• Transaction date: January 29, 2026; Filing date (Form 4): February 2, 2026 (timely filed).
• Awards: 525 shares (reported acquired) + 1,860 derivative shares = 2,385 total units.
• Reported price: $0.00 (award/grant under compensation plan).
• Shares owned after the transaction: Not disclosed in the Form 4.
• Footnotes:
  • F1: Awards are restricted stock units granted under the Texas Instruments 2018 Director Compensation Plan.
  • F2: Notes that a stock option (as referenced in the filing) becomes exercisable in four equal installments beginning January 29, 2027.
• Exhibit/Remark: Exhibit 24 — Power of Attorney included.

Context

• These are compensation awards (restricted stock units), not open-market purchases or sales. The 1,860 derivative RSUs will convert to actual shares only if/when vesting conditions are met; they do not represent immediately tradable shares. Such awards are routine director compensation and should be viewed as compensation-related insider activity rather than an immediate bullish or bearish trading signal.