Mark S. Bamford - 14 Feb 2024 Form 4 Insider Report for TEXTRON INC (TXT)

Signature
/s/ Jayne M. Donegan, Attorney-in-Fact
Issuer symbol
TXT
Transactions as of
14 Feb 2024
Net transactions value
-$807,008
Form type
4
Filing time
16 Feb 2024, 16:32:55 UTC
Previous filing
04 Jan 2024
Next filing
05 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TXT Common Stock Options Exercise $233,824 +5,277 +30% $44.31 23,117 14 Feb 2024 Direct
transaction TXT Common Stock Sale $456,201 -5,277 -23% $86.45 17,840 14 Feb 2024 Direct F1
transaction TXT Common Stock Options Exercise $236,808 +6,864 +38% $34.50* 24,704 14 Feb 2024 Direct
transaction TXT Common Stock Sale $593,693 -6,864 -28% $86.49 17,840 14 Feb 2024 Direct F2
transaction TXT Common Stock Options Exercise $306,256 +6,177 +35% $49.58 24,017 16 Feb 2024 Direct
transaction TXT Common Stock Sale $534,002 -6,177 -26% $86.45 17,840 16 Feb 2024 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TXT Employee Stock Option (Right to Buy) Options Exercise +5,277 0 14 Feb 2024 Common Stock 5,277 $44.31 Direct F4, F5
transaction TXT Employee Stock Option (Right to Buy) Options Exercise +6,864 0 14 Feb 2024 Common Stock 6,864 $34.50 Direct F6, F7
transaction TXT Employee Stock Option (Right to Buy) Options Exercise +6,177 0 16 Feb 2024 Common Stock 6,177 $49.58 Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.45 to $86.46, inclusive. The Reporting Person undertakes to provide to Textron Inc., any security holder of Textron Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated above.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.45 to $86.54, inclusive. The Reporting Person undertakes to provide to Textron Inc., any security holder of Textron Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated above.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.45 to $86.49, inclusive. The Reporting Person undertakes to provide to Textron Inc., any security holder of Textron Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated above.
F4 The option vested in three (3) equal annual installments beginning on March 1, 2016.
F5 Issued pursuant to the Textron Inc. 2007 Long-Term Incentive Plan.
F6 The option vested in three (3) equal annual installments beginning on March 1, 2017.
F7 Issued pursuant to the Textron Inc. 2015 Long-Term Incentive Plan.
F8 The option vested in three (3) equal annual installments beginning on March 1, 2018.