TXN 8-K: Officer/Director Changes, Comp Arrangements on Jan 9
Ticker: TXN · Form: 8-K · Filed: Jan 12, 2024 · CIK: 97476
| Field | Detail |
|---|---|
| Company | Texas Instruments Inc (TXN) |
| Form Type | 8-K |
| Filed Date | Jan 12, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: executive-change, compensation, corporate-governance
TL;DR
**Texas Instruments filed an 8-K on Jan 12, reporting executive changes or compensation adjustments from Jan 9.**
AI Summary
Texas Instruments Inc. filed an 8-K on January 12, 2024, reporting an event that occurred on January 9, 2024, related to Item 5.02, which covers the departure or election of directors or officers and compensatory arrangements. This filing indicates a change in leadership or executive compensation, which could signal strategic shifts or impact future financial performance. For investors, understanding these changes is crucial as they can affect the company's direction and potentially its stock value.
Why It Matters
Changes in executive leadership or compensation can signal strategic shifts or impact future financial performance, directly influencing investor confidence and stock valuation.
Risk Assessment
Risk Level: medium — Changes in executive leadership or compensation can introduce uncertainty, which is a moderate risk for investors.
Analyst Insight
Investors should monitor Texas Instruments' upcoming announcements for specific details regarding the executive changes or compensation arrangements to assess potential impacts on company strategy and performance.
Key Players & Entities
- TEXAS INSTRUMENTS INCORPORATED (company) — the registrant filing the 8-K
- January 9, 2024 (date) — date of the earliest event reported in the 8-K
- January 12, 2024 (date) — date the 8-K was filed
- 001-03761 (other) — Commission file number for Texas Instruments
- TXN (other) — trading symbol for Texas Instruments Common Stock
Forward-Looking Statements
- Texas Instruments will provide more details on the specific executive changes or compensation arrangements in future filings or press releases. (TEXAS INSTRUMENTS INCORPORATED) — high confidence, target: Q1 2024
FAQ
What is the specific item number under which Texas Instruments filed this 8-K?
Texas Instruments filed this 8-K under Item 5.02, which pertains to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers'.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 9, 2024.
What is the full legal name of the company that filed this 8-K?
The full legal name of the company that filed this 8-K is TEXAS INSTRUMENTS INCORPORATED.
What is the trading symbol for Texas Instruments' Common Stock?
The trading symbol for Texas Instruments' Common Stock is TXN, and it is registered on The Nasdaq Global Select Market.
What is the business address and phone number listed for Texas Instruments in this filing?
The business address for Texas Instruments is 12500 TI BOULEVARD, DALLAS, TEXAS 75243, and their telephone number is (214) 479-3773.
Filing Stats: 373 words · 1 min read · ~1 pages · Grade level 12.3 · Accepted 2024-01-12 16:31:58
Key Financial Figures
- $1.00 — ich registered Common Stock, par value $1.00 TXN The Nasdaq Global Select Market
Filing Documents
- d154904d8k.htm (8-K) — 20KB
- 0001193125-24-007559.txt ( ) — 134KB
- txn-20240109.xsd (EX-101.SCH) — 3KB
- txn-20240109_lab.xml (EX-101.LAB) — 17KB
- txn-20240109_pre.xml (EX-101.PRE) — 11KB
- d154904d8k_htm.xml (XML) — 3KB
02
ITEM 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Kyle M. Flessner, Senior Vice President of Texas Instruments Incorporated, has announced his intention to retire effective April 1, 2024.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TEXAS INSTRUMENTS INCORPORATED Date: January 12, 2024 By: /s/ Cynthia Hoff Trochu Cynthia Hoff Trochu Senior Vice President, Secretary and General Counsel