TXN 8-K: Officer/Director Changes, Comp Arrangements on Jan 9

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

From the Filing

0001193125-24-007559.txt : 20240112 0001193125-24-007559.hdr.sgml : 20240112 20240112163158 ACCESSION NUMBER: 0001193125-24-007559 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20240109 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20240112 DATE AS OF CHANGE: 20240112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TEXAS INSTRUMENTS INC CENTRAL INDEX KEY: 0000097476 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 750289970 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03761 FILM NUMBER: 24532446 BUSINESS ADDRESS: STREET 1: P.O. BOX 660199 CITY: DALLAS STATE: TX ZIP: 75266 BUSINESS PHONE: 9729953773 MAIL ADDRESS: STREET 1: 12500 TI BLVD STREET 2: PO BOX 660199 CITY: DALLAS STATE: TX ZIP: 75266 8-K 1 d154904d8k.htm 8-K 8-K TEXAS INSTRUMENTS INC DE TX false 0000097476 0000097476 2024-01-09 2024-01-09     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): January 9, 2024     TEXAS INSTRUMENTS INCORPORATED (Exact name of registrant as specified in charter)       DELAWARE   001-03761   75-0289970 (State or other jurisdiction of incorporation)   (Commission file number)   (I.R.S. employer identification no.) 12500 TI BOULEVARD DALLAS , TEXAS 75243 (Address of principal executive offices) Registrant’s telephone number, including area code: (214) 479-3773     Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, par value $1.00   TXN   The Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       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 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 C