Richard K. Templeton, Chairman of Texas Instruments (TXN), has demonstrated a clear selling bias in recent transactions, with no recorded purchases in his latest filings. Between February 25 and February 28, 2025, Templeton executed 19 sales totaling approximately $53.8 million, with individual transactions ranging from $120,863 to $9.99 million. The largest single sale occurred on February 25, when he disposed of shares worth $9.99 million, followed by another $6.63 million transaction the same day. Notably, Templeton also engaged in multiple smaller sales clustered around late February, including four transactions on February 28 alone, collectively worth $885,021.67.
Historically, Templeton’s trading activity skews heavily toward divestment, with $195.2 million in total lifetime sales compared to $53.8 million in buys—a nearly 4:1 ratio. His recent sales, all concentrated in TXN, suggest ongoing portfolio rebalancing or liquidity needs. The transactions were executed under codes "S" (sale) and "M" (exercise of derivative securities), with the latter involving consistent $5.13 million dispositions on three consecutive days. While the filings do not indicate purchases, the pattern aligns with a longer-term trend of reducing his stake in Texas Instruments. The absence of buys in 2025 contrasts with his broader history of occasional acquisitions, signaling a shift toward sustained selling activity.
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