Semiconductor Leader 'Texas Instruments' Executives Realize Stock Option Gains Worth Millions

On May 4 and April 24, executives of Texas Instruments Inc. (NASDAQ: TXN), including CEO Haviv Ilan, exercised non-qualified stock options and then sold tens of thousands of shares of common stock in the open market.

Ilan exercised 20,000 legacy options with an exercise price of $7.93 per share and immediately sold them at roughly $280 per share, realizing about $5.6 million in proceeds (approximately ₩7 billion). Combined with transactions by the CFO and senior vice president, each executive netted gains in the range of $5 million to $11 million (about ₩7 billion to ₩15 billion), the filings show.

Even after these sales, the CEO still directly holds around 200,000 shares. The filings classify the transactions as a classic “exercise-and-sell” pattern, in which previously granted options become exercisable in stages and are sold immediately upon exercise.

Meanwhile, in its April 22 announcement of first-quarter 2026 results, Texas Instruments reported revenue of $4.83 billion (roughly ₩6.7 trillion) and earnings per share of $1.68, both beating market expectations. The board also declared a quarterly dividend of $1.42 per share (about ₩2,000), payable on May 19.

Headquartered in Dallas, Texas, Texas Instruments is a global semiconductor leader with top market share in analog semiconductors and embedded processors, focusing primarily on industrial and automotive applications.

Since 2023, Haviv Ilan has served as President and CEO, and beginning in 2026 he will also assume the role of Board Chair. Under his leadership, the company has pursued large-scale manufacturing investments and a strategy to strengthen its analog-centered portfolio.