Leonard Shanon J 4

What Happened
Leonard Shanon, Senior Vice President of Texas Instruments (TXN), sold 4,963 shares in an open-market transaction on May 11, 2026. The weighted-average sale price was $295.22 per share, producing proceeds of $1,465,186. This was a sale (not a purchase or option exercise) and is typically viewed as a routine disposition rather than a direct indicator of company prospects.

Key Details

• Transaction date: 2026-05-11 (reported on Form 4 filed 2026-05-12 — filed timely)
• Transaction type: Sale (open market)
• Shares sold: 4,963 at a weighted-average price of $295.22; total proceeds $1,465,186
• Reported price range: $295.11 to $295.33 (weighted average per footnote)
• Shares owned after transaction: Not specified in this filing
• Footnote: The reported price is a weighted average; issuer can provide a detailed breakout of prices and share counts on request
• No 10b5-1 plan, tax-withholding, or other special conditions were disclosed in the filing

Context
Sales by executives are common for diversification, tax, or personal-liquidity reasons and do not necessarily signal changes in company fundamentals. Because this filing reports a straightforward open-market sale with no accompanying option exercise or plan disclosure, there is no additional derivative or tax-withholding complexity to note.