---
title: Texas Instruments CFO Rafael Lizardi Sells $15.9M in TXN Stock — Five Insiders Sell $25M
type: news
slug: texas-instruments-cfo-lizardi-sells-16m-txn-5-insiders-25m-feb-2026
canonical_url: https://13finsight.com/news/texas-instruments-cfo-lizardi-sells-16m-txn-5-insiders-25m-feb-2026
published_at: 2026-02-28T20:34:11.039Z
updated_at: 2026-02-28T20:34:11.985Z
author: Alex Rivera
author_title: Breaking News Editor
author_url: https://13finsight.com/authors/alex-rivera
word_count: 414
locale: en
source: 13F Insight
---

# Texas Instruments CFO Rafael Lizardi Sells $15.9M in TXN Stock — Five Insiders Sell $25M

> Texas Instruments CFO Rafael Lizardi sold $15.9M in TXN across 3 transactions in early February, as five total insiders sold $25.2M at prices around $221-$231 per share.

Five Texas Instruments insiders sold a combined $25.23 million in TXN stock in early February, led by CFO Rafael R. Lizardi who sold $15.88 million across three transactions. The selling comes as the semiconductor giant trades near $230 per share — elevated levels that have prompted the finance chief to take significant profits. Five SVPs and the CFO Insider Title Transactions Value Shares After Career Sales Rafael R. Lizardi SVP & CFO 3 $15.88M 85,454 $41.4M Mark Gary Senior Vice President 2 $5.24M 45,547 $12.3M Ahmad Bahai Senior Vice President 2 $2.17M 42,488 $11.8M Mark T. Roberts Senior Vice President 1 $0.99M 64,058 $2.6M Mark A. Blinn Director 2 $0.96M 3,372 $51.0M Total: 5 insiders, 10 transactions $25.23M CFO Lizardi's $41.4M Career Lizardi has now sold $41.4 million in TXN stock over his career. His Feb 10-11 sales — $15.88M across three transactions — represent his largest recent selling window. He retains 85,454 shares worth approximately $19.7 million, meaning he's sold more than twice the value of his current holdings. The CFO's transaction details reveal disciplined execution: Feb 11: 7,096 shares at $230.78 ($1.64M) Feb 10: 20,477 shares at $221.22 ($4.53M) Feb 10: Additional shares at similar prices ($9.71M) Director Blinn: $51M Career, 3,372 Shares Left Director Mark Blinn stands out with $51 million in career sales — the largest cumulative seller among this group — yet he's now down to just 3,372 shares (~$777K). Blinn has effectively completed a near-total exit from his TXN position, having sold 98%+ of his lifetime holdings value. Texas Instruments at $230: Semiconductor Cycle Questions TXN is a semiconductor bellwether. As the largest analog chip maker globally, the company's insider activity is closely watched for cyclical signals. The stock near $230 reflects recovery from the 2023-2024 inventory correction, but questions remain about: Whether analog chip demand has fully recovered Capital expenditure on new fab capacity and its ROI timeline Industrial and automotive end-market strength Five insiders selling $25M worth of stock in the same week suggests the leadership team may view current prices as reflecting a full recovery — and potentially then some. Key Takeaway When the CFO of Texas Instruments sells $15.9M and four other senior leaders sell another $9.4M in the same week, it's a coordinated assessment of value. With $41.4M in career sales and a shrinking retained position, CFO Lizardi has been consistently monetizing through both up and down semiconductor cycles. This latest $25M selling window is one of TXN's most significant recent insider events.

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Source: 13F Insight — https://13finsight.com/news/texas-instruments-cfo-lizardi-sells-16m-txn-5-insiders-25m-feb-2026
Author: Alex Rivera — https://13finsight.com/authors/alex-rivera
Last updated: 2026-02-28T20:34:11.985Z