Texas Instruments (TXN) Director Curtis Farmer Receives 106.53-Share Award

What Happened
Curtis C. Farmer, a director of Texas Instruments Inc. (TXN), was credited with 106.53 stock units on 2026-09-18 as an award/acquisition under the company's director compensation plan. The filing values the award at $27,500 using a per-share price of $258.14. This was an award (compensation) of stock units — not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-18; filing date: 2026-09-21 (Form 4 filed timely).
• Transaction type/code: Award/Grant (A) of derivative stock units.
• Amount: 106.53 stock units; per-unit valuation used: $258.14; total value reported: $27,500.
• Post-transaction holdings: exact share/unit totals after this grant are not specified in the excerpt; the filing notes end-of-period holdings include stock units and dividend reinvestment amounts.
• Footnotes: (F1) units convert to common stock on a one-for-one basis; (F2) the stock units are credited under the Texas Instruments 2018 Director Compensation Plan and will be settled in common stock following the director’s termination of service.
• No indication of a 10b5-1 plan, sale, or tax-withholding event in this transaction.

Context
This is a director compensation award (deferred stock units) rather than a purchase or sale. Such awards are routine for director pay and will generally convert to common shares later (here, one-for-one and settled after service ends per the plan). Because units are settled upon termination, this does not represent an immediate purchase that signals a current change in market exposure.