BAHAI AHMAD 4

What Happened
Bahai Ahmad, Senior Vice President of Texas Instruments (TXN), exercised 6,500 stock options and immediately sold the 6,500 shares on Feb 11, 2026. The options were exercised at $79.26 per share (cost $515,190) and the shares were sold in the open market at a weighted-average price of $230.79 for gross proceeds of $1,500,117.

Key Details

• Transaction date: 2026-02-11 (reported on Form 4 filed 2026-02-12 — timely filing).
• Option exercise: 6,500 shares exercised at $79.26 each (total cost $515,190).
• Open-market sale: 6,500 shares sold at a weighted-average price $230.79 (range $230.73–$230.92) for gross proceeds $1,500,117 (footnote F1).
• Reported derivative line: the filing also lists a derivative disposition of 6,500 shares at $0.00 (reflecting the option conversion/settlement).
• Shares owned after the transaction: not specified in the provided Form 4.
• Vesting note: the option became exercisable in four equal annual installments beginning Jan 26, 2018 (footnote F2).
• Filing timeliness: filed one day after the transaction (within the Form 4 reporting window), so not late.

Context
This was an option exercise followed by an immediate sale of the acquired shares (a cashless-type transaction). The filing is factual and routine: exercises-plus-sales by executives are commonly used to realize gains or cover tax/option costs and do not, by themselves, indicate a change in insider sentiment.