Texas Instruments Inc. Files Definitive Proxy Statement

Ticker: TXN · Form: DEF 14A · Filed: 2024-03-12T00:00:00.000Z

Sentiment: neutral

Topics: Proxy Statement, DEF 14A, Texas Instruments, Executive Compensation, Corporate Governance

TL;DR

<b>Texas Instruments Inc. has filed its Definitive Proxy Statement for the 2023 fiscal year, detailing executive compensation and corporate governance matters.</b>

AI Summary

TEXAS INSTRUMENTS INC (TXN) filed a Proxy Statement (DEF 14A) with the SEC on March 12, 2024. Texas Instruments Inc. filed a Definitive Proxy Statement (DEF 14A) on March 12, 2024. The filing covers the period from January 1, 2023, to December 31, 2023. It also references data from the fiscal years 2020, 2021, and 2022. The company's principal executive offices are located in Dallas, TX. The filing is made pursuant to Section 14(a) of the Securities Exchange Act of 1934.

Why It Matters

For investors and stakeholders tracking TEXAS INSTRUMENTS INC, this filing contains several important signals. This DEF 14A filing is crucial for shareholders to understand executive compensation structures and make informed voting decisions on corporate governance proposals. The detailed financial data and compensation breakdowns provided in the proxy statement offer insights into the company's performance and management incentives.

Risk Assessment

Risk Level: low — TEXAS INSTRUMENTS INC shows low risk based on this filing. The filing is a routine DEF 14A, which is standard for public companies and does not contain new material adverse information.

Analyst Insight

Shareholders should review the executive compensation details and any proposed governance changes to make informed voting decisions.

Key Numbers

2024-03-12 — Filing Date (DEF 14A filing date)
2024-04-25 — Period of Report (Conformed period of report)
2023-12-31 — Fiscal Year End (Fiscal year end for reporting)
2023-01-01 — Reporting Period Start (Start of the reporting period)
2022-12-31 — Previous Fiscal Year End (Previous fiscal year end referenced)
2021-12-31 — Prior Fiscal Year End (Prior fiscal year end referenced)
2020-12-31 — Earlier Fiscal Year End (Earlier fiscal year end referenced)

Key Players & Entities

TEXAS INSTRUMENTS INC (company) — Filer
0000097476 (company) — Central Index Key
3674 (company) — Standard Industrial Classification
DE (company) — State of Incorporation
DALLAS (company) — City
TX (company) — State
75266 (company) — ZIP Code
9729953773 (company) — Business Phone

FAQ

When did TEXAS INSTRUMENTS INC file this DEF 14A?

TEXAS INSTRUMENTS INC filed this Proxy Statement (DEF 14A) with the SEC on March 12, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by TEXAS INSTRUMENTS INC (TXN).

Where can I read the original DEF 14A filing from TEXAS INSTRUMENTS INC?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by TEXAS INSTRUMENTS INC.

What are the key takeaways from TEXAS INSTRUMENTS INC's DEF 14A?

TEXAS INSTRUMENTS INC filed this DEF 14A on March 12, 2024. Key takeaways: Texas Instruments Inc. filed a Definitive Proxy Statement (DEF 14A) on March 12, 2024.. The filing covers the period from January 1, 2023, to December 31, 2023.. It also references data from the fiscal years 2020, 2021, and 2022..

Is TEXAS INSTRUMENTS INC a risky investment based on this filing?

Based on this DEF 14A, TEXAS INSTRUMENTS INC presents a relatively low-risk profile. The filing is a routine DEF 14A, which is standard for public companies and does not contain new material adverse information.

What should investors do after reading TEXAS INSTRUMENTS INC's DEF 14A?

Shareholders should review the executive compensation details and any proposed governance changes to make informed voting decisions. The overall sentiment from this filing is neutral.

How does TEXAS INSTRUMENTS INC compare to its industry peers?

Texas Instruments operates in the Semiconductors & Related Devices industry.

Are there regulatory concerns for TEXAS INSTRUMENTS INC?

The filing is made under the Securities Exchange Act of 1934, specifically Section 14(a), which governs proxy solicitations.

Industry Context

Texas Instruments operates in the Semiconductors & Related Devices industry.

Regulatory Implications

The filing is made under the Securities Exchange Act of 1934, specifically Section 14(a), which governs proxy solicitations.

What Investors Should Do

Review the detailed executive compensation packages for named executive officers.
Analyze proposals related to corporate governance and shareholder rights.
Vote on director nominations and other matters presented in the proxy statement.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a standard annual proxy statement, and does not represent a change from previous filings in terms of format or purpose.

From the Filing

0000097476-24-000012.txt : 20240312 0000097476-24-000012.hdr.sgml : 20240312 20240312110636 ACCESSION NUMBER: 0000097476-24-000012 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 35 CONFORMED PERIOD OF REPORT: 20240425 FILED AS OF DATE: 20240312 DATE AS OF CHANGE: 20240312 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: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-03761 FILM NUMBER: 24740734 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 DEF 14A 1 txn-20240312.htm DEF 14A txn-20240312 0000097476 DEF 14A FALSE 0000097476 2023-01-01 2023-12-31 0000097476 2022-01-01 2022-12-31 0000097476 txn:MessrsTempletonMember 2023-01-01 2023-12-31 iso4217:USD 0000097476 txn:LlanMember 2023-01-01 2023-12-31 0000097476 txn:MessrsTempletonMember 2022-01-01 2022-12-31 0000097476 txn:MessrsTempletonMember 2021-01-01 2021-12-31 0000097476 2021-01-01 2021-12-31 0000097476 txn:MessrsTempletonMember 2020-01-01 2020-12-31 0000097476 2020-01-01 2020-12-31 0000097476 txn:AdjustmentStockAwardsAndOptionAwardsMember ecd:PeoMember txn:MessrsTempletonMember 2023-01-01 2023-12-31 0000097476 txn:AdjustmentEquityAwardGrantedInCurrentYearAndRemainOutstandingAndUnvestedMember ecd:PeoMember txn:MessrsTempletonMember 2023-01-01 2023-12-31 0000097476 txn:AdjustmentEquityAwardGrantedInPriorFiscalYearsAndRemainOutstandingAndUnvestedMember ecd:PeoMember txn:MessrsTempletonMember 2023-01-01 2023-12-31 0000097476 txn:AdjustmentEquityAwardGrantedInPriorFiscalYearsThatVestedInCurrentYearMember ecd:PeoMember txn:MessrsTempletonMember 2023-01-01 2023-12-31 0000097476 txn:AdjustmentDividendEquivalentsMember ecd:PeoMember txn:MessrsTempletonMember 2023-01-01 2023-12-31 0000097476 txn:AdjustmentStockAwardsAndOptionAwardsMember txn:LlanMember ecd:PeoMember 2023-01-01 2023-12-31 0000097476 txn:AdjustmentEquityAwardGrantedInCurrentYearAndRemainOutstandingAndUnvestedMember txn:LlanMember ecd:PeoMember 2023-01-01 2023-12-31 0000097476 txn:AdjustmentEquityAwardGrantedInPriorFiscalYearsAndRemainOutstandingAndUnvestedMember txn:LlanMember ecd:PeoMember 2023-01-01 2023-12-31 0000097476 txn:AdjustmentEquityAwardGrantedInPriorFiscalYearsThatVestedInCurrentYearMember txn:LlanMember ecd:PeoMember 2023-01-01 2023-12-31 0000097476 txn:AdjustmentDividendEquivalentsMember txn:LlanMember ecd:PeoMember 2023-01-01 2023-12-31 0000097476 txn:AdjustmentStockAwardsAndOptionAwardsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000097476 txn:AdjustmentEquityAwardGrantedInCurrentYearAndRemainOutstandingAndUnvestedMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000097476 txn:AdjustmentEquityAwardGrantedInPriorFiscalYearsAndRemainOutstandingAndUnvestedMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000097476 txn:AdjustmentEquityAwardGrantedInPriorFiscalYearsThatVestedInCurrentYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000097476 txn:AdjustmentDividendEquivalentsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000097476 txn:AdjustmentChangeInActuarialPresentValuesMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 xbrli:pure 0000097476 2020-01-01 2023-12-31 0000097476 2 2023-01-01 2023-12-31 0000097476 1 2023-01-01 2023-12-31 0000097476 3 2023-01-01 2023-12-31 0000097476 4 2023-01-01 2023-12-31 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________ SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.     ) ___________________ Filed by the Registrant ☒ Filed by a party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statemen