BAHAI AHMAD 4
Research Summary
AI-generated summary
Texas Instruments (TXN) SVP Bahai Ahmad Exercises Options, Sells Shares
What Happened Bahai Ahmad, Senior Vice President at Texas Instruments, exercised stock options for 3,660 shares and sold those 3,660 shares on April 27, 2026. The options were exercised at $79.26 per share (cost $290,092). The shares were sold in the open market at a weighted average price of $268.40 per share for total gross proceeds of $982,359. The filing shows a related derivative conversion entry (priced $0) consistent with the option-to-share conversion.
Key Details
- Transaction date: 2026-04-27; Form 4 filed 2026-04-28 (filed the next day).
- Exercise (code M): 3,660 shares @ $79.26 = $290,092 paid.
- Sale (code S): 3,660 shares @ weighted avg $268.40 = $982,359 proceeds.
- Sale price range (per footnote): $268.29 to $268.61; issuer can provide a detailed breakout on request.
- Vesting note (footnote): the option became exercisable in four equal annual installments beginning January 26, 2018.
- Shares owned after the transaction: not specified in the provided filing.
- Transaction type: cashless-style exercise with immediate sale (exercise then immediate open-market sale).
Context When an insider exercises options and immediately sells the resulting shares, it’s often to cover the exercise cost and taxes rather than a clear signal about company prospects. Sales are common and less informative than outright purchases; purchases by insiders are typically a stronger bullish indicator. This filing appears timely and routine based on the one-day filing gap.