Knecht Julie C. 4
Research Summary
AI-generated summary
Texas Instruments (TXN) VP Julie Knecht Receives RSUs, Sells 281 Shares
What Happened
- Julie C. Knecht, Vice President and Chief Accounting Officer at Texas Instruments (TXN), was awarded restricted stock units (RSUs) and a derivative award on Jan 29, 2026, and 281 shares were disposed on Jan 30, 2026 to satisfy tax withholding.
- Details: 1,256 RSUs were granted (acquired at $0.00 per share), a separate derivative award of 4,449 shares was recorded (acquired at $0.00), and 281 shares were sold/used to pay taxes at $218.97 per share for proceeds of $61,531.
Key Details
- Transaction dates: Jan 29, 2026 (awards); Jan 30, 2026 (281-share disposition for tax withholding) — filing date Feb 2, 2026.
- Prices and values: RSUs/derivative awards reported at $0.00 acquisition price (typical for grants); 281 shares disposed at $218.97 each for $61,531 total.
- Footnotes: F1 — RSU award under the 2024 Long-Term Incentive Plan. F2 — the derivative is a stock option that becomes exercisable in four equal installments beginning Jan 29, 2027.
- Shares owned after transaction: not specified in the provided filing details.
- Filing timeliness: Report filed Feb 2, 2026 for transactions on Jan 29–30, 2026; no late-filing indication in the report.
Context
- The 281-share disposition is a tax-withholding event (code F), a routine step when RSUs vest; it should not be read as a directional market bet by the insider.
- The 4,449-share derivative award is a stock option with future vest/exercise schedule (starts becoming exercisable in 2027 in four equal installments), so those shares are not immediately tradable.