TXN Chairman Templeton sells 101,557 shares for $19.8M across two days (Feb 27–28); holdings drop 19.9% to 409,089 shares
Richard K. Templeton, Chairman of Texas Instruments, conducted 11 separate sales totaling 101.6K shares for $19.8M over Feb 27–28, 2025, with execution prices ranging from $191.61 to $197.62. This represents a material reduction in his position (19.9% decline from 510.6K to 409.1K shares), occurring at prices substantially above the current market price of $194.39 and near the 52-week high of $220.29. The multi-day, multi-tranche execution pattern and magnitude (nearly $20M in proceeds) suggests a deliberate divestiture rather than routine activity. His cross-ticker track record shows a 0.00% well-timed rate on prior sells (with positive 90-day returns), indicating that past sales preceded stock gains rather than declines; no measurable outcomes exist yet for his five prior same-ticker trades at TXN. Investors should note the scale and timing of this sale in the context of TXN's -10.7% annual revenue decline and elevated P/E of 54.45.