Investigation
Representative From New Jersey Bought Texas Instruments Eight Days Before a Chip Bill Advanced
A House stock disclosure, a Texas Instruments lobbying report, Congress.gov records, and SEC filings put the April 14 TXN purchase inside Thomas H. Kean Jr.'s semiconductor and export-control policy lane.
May 26, 2026 · Politraders Research
Trade
$1,001-$15,000
TXN common stock purchase dated April 14, 2026.
TXN move
+28.95%
April 14 close to April 23 close, using Yahoo Finance chart data.
Finding
Kean Family Partnership bought Texas Instruments stock on April 14, 2026, while Kean was tied to semiconductor, export-control, and CHIPS Act policy through committee assignments and bill work. The disclosed amount was small: $1,001 to $15,000. The timing was not. The purchase landed eight days before Kean's chip-export bill advanced in Foreign Affairs and before Texas Instruments reported strong Q1 results that included $555 million in CHIPS Act proceeds.
The Trade
House PTR 20034616 lists a purchase of Texas Instruments common stock by Kean Family Partnership on April 14, 2026. The notification date listed on the form is May 17, 2026, and the digital signature date is May 22, 2026.
House PTR excerpt
Texas Instruments Incorporated - Common Stock (TXN) [ST]
Transaction
Date
Notification
Range
Subholding
Vehicle
Source: House PTR #20034616.
The Bill Linked Kean to the Company
The cleanest company-specific link is H.R. 6322, the Stop Stealing our Chips Act. Kean sponsored the bill on November 28, 2025. Julie Johnson of Texas's 32nd district joined as an original cosponsor the same day. Congress.gov describes the bill as creating a whistleblower incentive and protection program at the Commerce Department's Bureau of Industry and Security for export-control violations.
Kean's own office then tied the bill to Texas Instruments. In the December 3, 2025 Kean-Johnson release, Johnson said the bill was especially important to her district because Texas Instruments is headquartered there. OpenStreetMap/Nominatim places Texas Instruments at 12500 TI Boulevard in Dallas, and the Census geocoder maps those coordinates to Texas's 32nd Congressional District.
Connection map
Kean
Sponsors H.R. 6322.
Johnson
Original cosponsor from TX-32.
TX-32
District containing TI headquarters.
TXN
Purchased by Kean Family Partnership.
Sources: Congress.gov H.R. 6322; Kean press release; Census Geocoder; OpenStreetMap Nominatim.
Texas Instruments Was Lobbying the Same Lane
Texas Instruments was lobbying Congress on the same policy field during Q1 2026. Its LDA filing, posted April 15, 2026, reports $600,000 in lobbying expenses and lists both the U.S. House and Senate. The issues include general export controls, the Chip Security Act, the AI Overwatch Act, the STAR Act, and the Advanced Manufacturing Investment Credit.
LDA excerpt
Texas Instruments Incorporated Q1 2026 lobbying report
Posted
Expenses
Entities
Tax issues
Trade issues
Kean was connected to two of the bills named in that Texas Instruments lobbying report. Congress.gov shows he cosponsored H.R. 3447, the Chip Security Act, on September 8, 2025, and H.R. 6875, the AI OVERWATCH Act, on January 8, 2026.
Texas Instruments lobbying overlap
| Item in TI filing | Kean connection |
|---|---|
| H.R. 3447, Chip Security Act | Kean cosponsored September 8, 2025 |
| H.R. 6875, AI OVERWATCH Act | Kean cosponsored January 8, 2026 |
| General Export Controls | H.R. 6322 is an export-control enforcement bill sponsored by Kean |
| Advanced Manufacturing Investment Credit | TI later disclosed CHIPS Act tax-credit and direct-funding benefits in its 10-Q |
Sources: TI LDA report; Congress.gov H.R. 6322; TI Q1 2026 Form 10-Q.
April 22 Was the Convergence Point
Eight days after the TXN purchase, two events hit the public record on the same day. Foreign Affairs ordered Kean's H.R. 6322 favorably reported, as amended, by a 43-1 vote. Texas Instruments released Q1 results showing $4.83 billion in revenue, $1.55 billion in net income, $1.68 EPS, 19% year-over-year revenue growth led by industrial and data center, $555 million in CHIPS Act incentive proceeds for the quarter, and Q2 revenue guidance of $5.00-$5.40 billion.
Legislative event
H.R. 6322 advanced 43-1
The committee ordered Kean's Stop Stealing our Chips Act favorably reported, as amended. The same markup package included other export-control, semiconductor, and AI-related measures.
Source: House Foreign Affairs markup summary, April 22, 2026.
Issuer event
TI reported CHIPS Act cash
TI disclosed $555 million of CHIPS Act incentive proceeds for Q1 and said 300mm production costs about 40% less than 200mm wafer production. The 10-Q says TI expects to continue benefiting from the CHIPS Act.
Sources: TI April 22 earnings exhibit; TI Q1 2026 10-Q.
Market movement from the April 14 purchase date
| Date | TXN close | Move from Apr. 14 close |
|---|---|---|
| April 14, 2026 | $218.87 | 0.00% |
| April 22, 2026 | $236.31 | +7.97% |
| April 23, 2026 | $282.23 | +28.95% |
| May 22, 2026 | $309.21 | +41.28% |
Source: Yahoo Finance chart data saved in the Politraders research folder as market_returns_from_purchase_date.json and market_TXN_daily_2026-04-01_2026-05-26.json.
Timeline
Document trail
| Date | Event | Investigative relevance |
|---|---|---|
| Sept. 8, 2025 | Kean cosponsored H.R. 3447, the Chip Security Act. | One of the TI-lobbied bills later listed in Q1 2026. |
| Nov. 28, 2025 | Kean introduced H.R. 6322; Julie Johnson of TX-32 joined as original cosponsor. | Establishes Kean's lead role on a chip/export-control bill. |
| Dec. 3, 2025 | Kean's office published the H.R. 6322 release tying the bill to Texas Instruments headquarters in Johnson's district. | Provides the strongest issuer-specific policy link. |
| Jan. 8, 2026 | Kean cosponsored H.R. 6875, the AI OVERWATCH Act. | Another TI-lobbied bill tied to Kean. |
| April 14, 2026 | Kean Family Partnership purchased $1,001-$15,000 of TXN. | Transaction at issue. |
| April 15, 2026 | TI's Q1 LDA report was posted, listing $600,000 in lobbying expenses and chip/export-control/tax-credit issues. | Shows active company lobbying in the same policy lane. |
| April 15, 2026 | Energy and Commerce's Commerce, Manufacturing and Trade Subcommittee held a semiconductor ecosystem and supply-chain hearing. | Places semiconductor policy on Kean's committee calendar immediately after the trade. |
| April 22, 2026 | Foreign Affairs ordered Kean's H.R. 6322 favorably reported, as amended, 43-1. | Legislative movement eight days after the TXN purchase. |
| April 22, 2026 | TI reported Q1 earnings and disclosed $555 million of CHIPS Act proceeds in the quarter. | Company event that drove a large stock move. |
| April 23, 2026 | TXN closed 28.95% above its April 14 close. | Immediate post-earnings market move. |
| May 22, 2026 | Kean signed the PTR; TXN closed 41.28% above its April 14 close. | Disclosure signed after a steep stock increase. |
Source Index
Primary disclosure records: House PTR #20034616; House 2024 annual FD #10066042; House 2023 annual FD #10060678.
Congressional and official records: Kean committee page; Congress.gov H.R. 6322; Kean-Johnson release; Foreign Affairs markup summary.
Lobbying, company, and market records: TI LDA report; TI April 22 earnings exhibit; TI Q1 2026 Form 10-Q; Yahoo Finance chart data retained in the Politraders raw research folder.
Geography and images: OpenStreetMap Nominatim; Census Geocoder; TI manufacturing press kit; Congress.gov member image.
Disclaimer: This article is for informational and research purposes only and does not constitute investment advice or a recommendation to buy or sell any security. Congressional trade data is sourced from publicly available financial disclosure filings. Timing correlations, committee assignments, sponsorship records, lobbying records, and market movements do not by themselves prove causation, intent, or foreknowledge. Not financial advice.