Texas Instruments Executives, Including CFO, Sell Millions in Shares After Exercising Stock Options

On April 24 (local time), Texas Instruments Inc. (NASDAQ: TXN) disclosed that three of its executives, including Chief Financial Officer Rafael Lizardi, exercised stock options and subsequently sold a portion of their shares on the U.S. market.

Each executive sold millions of dollars’ worth of shares acquired through option exercises. The single largest transaction totaled approximately $11 million (about ₩160 billion). Altogether, the three executives realized roughly $20 million in proceeds (around ₩300 billion). Although the difference between the exercise price and the sale price generated substantial gains, each executive still holds tens of thousands of shares in the company.

In its first-quarter 2026 earnings report released on April 22, Texas Instruments reported revenue of about $4.8 billion and earnings per share (EPS) of $1.68, both ahead of market expectations. The company issued guidance for second-quarter revenue of $5.0 billion to $5.4 billion and EPS of $1.77 to $2.05, citing strong demand in data centers and industrial markets.

Following the earnings announcement, Texas Instruments’ stock jumped more than 10% in a single day, reaching an all-time high in the $270 range. Investors have grown increasingly optimistic about a recovery in demand for analog semiconductors across AI data centers, automotive applications, and industrial equipment.

Headquartered in Dallas, Texas Instruments is a global semiconductor leader that derives the bulk of its revenue from analog chips and embedded processors used in power management and signal conversion. The company is expanding its portfolio for industrial, automotive, and data-center applications through capacity increases and strategic acquisitions. The recently disclosed stock options are part of an executive compensation package granted in 2022, vesting over a four-year period.