PATSLEY PAMELA H 4

What Happened
Pamela H. Patsley, a director of Texas Instruments (TXN), received an award of 85.18 director stock units on 2026-06-19. The units are valued at $322.86 each, for a total reported value of $27,501. The transaction is reported as an Award/Acquisition (code A) and is a grant of derivative units rather than an open‑market purchase.

Key Details

• Transaction date: 2026-06-19; Form 4 filed: 2026-06-22 (the filing date is three days after the transaction date).
• Units granted: 85.18 stock units; per-unit value used in the filing: $322.86; total value: $27,501 (reported).
• Transaction type/code: A — Grant / award (derivative).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes:
  • F1: The reported security converts to common stock on a one‑for‑one basis.
  • F2: These are stock units credited under the Texas Instruments 2018 Director Compensation Plan and will be settled in common stock following the reporting person's termination of director service; end‑of‑period holdings include units from dividend reinvestment provisions.

Context
This is a routine director compensation grant (derivative stock units) rather than a market purchase or sale. The units are typically settled in common shares upon the director’s departure per the plan terms, so the grant reflects standard board compensation rather than an immediate change in taxable ownership or a market‑timed trade.