E. Robert Lupone - Feb 20, 2024 Form 4 Insider Report for TEXTRON INC (TXT)

Signature
/s/ Jayne M. Donegan, Attorney-in-Fact
Stock symbol
TXT
Transactions as of
Feb 20, 2024
Transactions value $
-$2,641,924
Form type
4
Date filed
2/22/2024, 04:31 PM
Previous filing
Jan 4, 2024
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TXT Common Stock Options Exercise $160K +3.6K +3.67% $44.31 102K Feb 20, 2024 Direct
transaction TXT Common Stock Sale -$306K -3.6K -3.54% $85.11 98K Feb 20, 2024 Direct F1
transaction TXT Common Stock Options Exercise $165K +4.78K +4.88% $34.50 103K Feb 20, 2024 Direct
transaction TXT Common Stock Sale -$407K -4.78K -4.65% $85.10 98K Feb 20, 2024 Direct F1
transaction TXT Common Stock Options Exercise $998K +22.5K +22.97% $44.31 121K Feb 21, 2024 Direct
transaction TXT Common Stock Sale -$1.84M -21.6K -17.94% $85.15 98.9K Feb 21, 2024 Direct F2
transaction TXT Common Stock Sale -$77K -900 -0.91% $85.52 98K Feb 21, 2024 Direct F3
transaction TXT Common Stock Options Exercise $908K +26.3K +26.85% $34.50 124K Feb 21, 2024 Direct
transaction TXT Common Stock Sale -$2.19M -25.7K -20.68% $85.17 98.6K Feb 21, 2024 Direct F4
transaction TXT Common Stock Sale -$51.3K -600 -0.61% $85.51 98K Feb 21, 2024 Direct F5

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 $0 -3.6K -13.79% $0.00 22.5K Feb 20, 2024 Common Stock 3.6K $44.31 Direct F6, F7
transaction TXT Employee Stock Option (Right to Buy) Options Exercise $0 -4.78K -15.37% $0.00 26.3K Feb 20, 2024 Common Stock 4.78K $34.50 Direct F8, F9
transaction TXT Employee Stock Option (Right to Buy) Options Exercise $0 -22.5K -100% $0.00* 0 Feb 21, 2024 Common Stock 22.5K $44.31 Direct F6, F7
transaction TXT Employee Stock Option (Right to Buy) Options Exercise $0 -26.3K -100% $0.00* 0 Feb 21, 2024 Common Stock 26.3K $34.50 Direct F8, F9
* 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 $85.00 to $85.30, 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 $84.50 to $85.49, 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.50 to $85.55, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.50 to $85.4975, 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.505 to $85.53, 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.
F6 The option vested in three (3) equal annual installments beginning on March 1, 2016.
F7 Issued pursuant to the Textron Inc. 2007 Long-Term Incentive Plan.
F8 The option vested in three (3) equal annual installments beginning on March 1, 2017.
F9 Issued pursuant to the Textron Inc. 2015 Long-Term Incentive Plan.