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Form 8-K · Current Report · Filed 2024-04-26

Texas Instruments Approved 2024 Long-Term Incentive Plan and Elected Board at Annual Meeting

At the annual meeting on April 25, 2024, Texas Instruments Incorporated's stockholders approved the 2024 Long-Term Incentive Plan and elected the Board of Directors.

Filer
Texas Instruments Inc. TXN · NASDAQ
Filed
Accession
0000097476-24-000024
CIK
0000097476
Signal
High impactTechnology

Details

The Board nominees received overwhelming support, with most receiving over 95% of the votes. Stockholders also voted on various proposals, with the majority of them receiving approval, except for the proposal to permit a combined 15% of stockholders to call a special meeting, which was rejected.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

New CEO Appointed Board Member Appointed
Item 5.07

Submission of Matters to a Vote of Security Holders

Director Elections Results Equity Plan Approved

Market reaction

Close before filing

$175.25

Next session

+2.3%

Since filing

+57.3%

Latest close

$275.74

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from TXN reporting the same item, with the next session's move:

About Texas Instruments Inc.

Texas Instruments Inc. is a leading global semiconductor company specializing in the design and manufacture of integrated circuits. Its primary function is to develop innovative semiconductor technologies that drive the electronics at the heart of countless devices used by consumers every day. The company is particularly renowned for its analog and embedded processing products, which are essential components in everything from smartphones and computers to automobiles and industrial equipment. Serving a broad array of industries, Texas Instruments plays a pivotal role in sectors such as consumer electronics, automotive technology, industrial applications, and communications equipment. This diversity allows it to maintain a robust presence in the semiconductor market, mitigating sector-specific risks and fueling sustained growth. Founded in 1930, Texas Instruments is headquartered in Dallas, Texas. Its contributions to the semiconductor industry are significant, as it constantly innovates to enhance device performance, reduce power consumption, and capitalize on emerging technologies such as 5G and the Internet of Things (IoT). As a key player in the global semiconductor landscape, Texas Instruments remains vital to the advancement of technology and modern electronics.

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