Gary Mark 4

4 · TEXAS INSTRUMENTS INC · Filed Feb 12, 2026

AI-generated summary of this filing

Updated Feb 12, 2026

Texas Instruments (TXN) SVP Gary Mark Exercises Options, Sells Shares

What Happened

Gary Mark, Senior Vice President of Texas Instruments (TXN), exercised stock options and sold shares in open-market transactions. On 2026-02-10 he sold 10,248 shares at a weighted average price of $220.83 for $2,263,098. On 2026-02-11 he exercised 12,921 option shares (acquiring them at $110.15 for $1,423,248) and sold those 12,921 shares in the open market at a weighted average price of $230.10 for $2,973,107. The Form 4 also shows the related derivative (the options) being disposed (extinguished) as part of the exercise.

Key Details

Transaction dates and prices:
- 2026-02-10: Sale — 10,248 shares @ $220.83 (weighted avg; range $220.655–$220.99) — $2,263,098 (F1).
- 2026-02-11: Exercise — 12,921 shares acquired @ $110.15 — $1,423,248 (M).
- 2026-02-11: Sale — 12,921 shares @ $230.10 (weighted avg; range $229.80–$230.36) — $2,973,107 (F2).
- 2026-02-11: Derivative disposed @ $0 — reflects extinguishing of the option position on exercise (F3).
Total open-market proceeds from sales: about $5.24 million; cost to exercise: about $1.42 million.
Shares owned after the transactions: not specified in the provided summary — see the full Form 4 for “Owned Following Reported Transaction” details.
Notable footnotes:
- F1/F2: reported sale prices are weighted averages; price ranges are provided and issuer can supply detailed breakouts on request.
- F3: the option became exercisable in four equal annual installments beginning Jan 25, 2019.
Filing: Form 4 filed 2026-02-12 reporting transactions through 2026-02-11 — appears timely (within the usual two-business-day window).

Context

This was an option exercise followed by immediate open-market sales of the resulting shares — commonly a cashless exercise/sell-to-cover pattern where options are converted to shares and some or all shares are sold right away. The separate line showing the derivative disposed at $0 documents the option being extinguished.
Sales do not necessarily indicate a negative view of the company; executives commonly sell shares after option exercises for tax or diversification reasons. As always, filing details are factual; motivations are not provided.

Form 4

Period: 2026-02-10

Sr. Vice President

Transactions

Sale
Common Stock
[F1]
2026-02-10$220.83/sh−10,248$2,263,098→ 45,547 total
Exercise/Conversion
Common Stock
2026-02-11$110.15/sh+12,921$1,423,248→ 58,468 total
Sale
Common Stock
[F2]
2026-02-11$230.10/sh−12,921$2,973,107→ 45,547 total
Exercise/Conversion
NQ Stock Option (Right to Buy)
[F3]
2026-02-11−12,921→ 0 total
Exercise: $110.15Exp: 2028-01-25→ Common Stock (12,921 underlying)

Footnotes (3)

[F1]The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $220.655 to $220.99. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
[F2]The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $229.8 to $230.36. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
[F3]The option became exercisable in four equal annual installments beginning on January 25, 2019.

Signature

/s/ Shannon Thompson, Attorney in Fact|2026-02-12

1 file