Texas Instruments 8-K Details Officer Changes & Compensation

TL;DR

**TI just filed an 8-K about executive changes and pay, keep an eye on leadership shifts!**

AI Summary

Texas Instruments Incorporated filed an 8-K on February 20, 2024, reporting an earliest event date of February 15, 2024. The filing addresses the departure or election of directors or certain officers and compensatory arrangements for certain officers, along with Regulation FD Disclosure and Financial Statements and Exhibits. The company's business address is 12500 TI Boulevard, Dallas, Texas 75243, and its phone number is (214) 479-3773.

Why It Matters

This filing signals potential shifts in leadership and executive compensation at Texas Instruments, which could influence future strategic decisions and investor confidence.

Risk Assessment

Risk Level: low — The filing is administrative, reporting standard corporate governance items without indicating immediate financial distress or major operational changes.

Key Players & Entities

• TEXAS INSTRUMENTS INCORPORATED (company) — Registrant
• February 15, 2024 (date) — Date of earliest event reported
• February 20, 2024 (date) — Filed as of date
• Dallas, Texas (location) — Principal executive offices
• 001-03761 (other) — Commission file number

FAQ

From the Filing

0001193125-24-040151.txt : 20240220 0001193125-24-040151.hdr.sgml : 20240220 20240220172956 ACCESSION NUMBER: 0001193125-24-040151 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240215 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240220 DATE AS OF CHANGE: 20240220 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: 24655119 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 d778571d8k.htm 8-K 8-K TEXAS INSTRUMENTS INC DE TX false 0000097476 0000097476 2024-02-15 2024-02-15     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): February 15, 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. On February 15, 2024, the Board of Directors of Texas Instruments Incorporated (“TI”) elected Reginald DesRoches to the Board of Directors of TI and to the Board’s Audit Committee effective March 1, 2024. In connection with his service as a director, Dr. DesRoches will receive TI’s standard non-employee director cash and equity compensation as described in the Texas Instruments 2018 Director Compensation Plan, as amended. As a