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

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 Feb 2024, 16:31:32 UTC
Prior SEC filing
04 Jan 2024
Next SEC filing
05 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jayne M. Donegan, Attorney-in-Fact

Key filing fact

E. Robert Lupone filed Form 4 for TEXTRON INC (TXT) on 22 Feb 2024.

Key facts

  • This page summarizes E. Robert Lupone's Form 4 filing for TEXTRON INC (TXT).
  • 14 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 22 Feb 2024, 16:31.

Change

  • Previous filing in this sequence was filed on 04 Jan 2024.
  • Current net transaction value: -$2,641,924.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TXT transaction

Common Stock

Options Exercise

Transaction value
$159,560
Shares
+3,601
Change %
+3.7%
Price
$44.31
Shares after
101,594
Date
20 Feb 2024
Ownership
Direct
TXT transaction

Common Stock

Sale

Transaction value
$306,476
Shares
-3,601
Change %
-3.5%
Price
$85.11
Shares after
97,993
Date
20 Feb 2024
Ownership
Direct
Footnotes
F1
TXT transaction

Common Stock

Options Exercise

Transaction value
$164,876
Shares
+4,779
Change %
+4.9%
Price
$34.50
Shares after
102,772
Date
20 Feb 2024
Ownership
Direct
TXT transaction

Common Stock

Sale

Transaction value
$406,716
Shares
-4,779
Change %
-4.7%
Price
$85.10
Shares after
97,993
Date
20 Feb 2024
Ownership
Direct
Footnotes
F1
TXT transaction

Common Stock

Options Exercise

Transaction value
$997,551
Shares
+22,513
Change %
+23%
Price
$44.31
Shares after
120,506
Date
21 Feb 2024
Ownership
Direct
TXT transaction

Common Stock

Sale

Transaction value
$1,840,356
Shares
-21,613
Change %
-18%
Price
$85.15
Shares after
98,893
Date
21 Feb 2024
Ownership
Direct
Footnotes
F2
TXT transaction

Common Stock

Sale

Transaction value
$76,970
Shares
-900
Change %
-0.91%
Price
$85.52
Shares after
97,993
Date
21 Feb 2024
Ownership
Direct
Footnotes
F3
TXT transaction

Common Stock

Options Exercise

Transaction value
$907,764
Shares
+26,312
Change %
+27%
Price
$34.50
Shares after
124,305
Date
21 Feb 2024
Ownership
Direct
TXT transaction

Common Stock

Sale

Transaction value
$2,189,852
Shares
-25,712
Change %
-21%
Price
$85.17
Shares after
98,593
Date
21 Feb 2024
Ownership
Direct
Footnotes
F4
TXT transaction

Common Stock

Sale

Transaction value
$51,306
Shares
-600
Change %
-0.61%
Price
$85.51
Shares after
97,993
Date
21 Feb 2024
Ownership
Direct
Footnotes
F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TXT transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-3,601
Change %
-14%
Price
$0.000000
Shares after
22,513
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,601
Exercise price
$44.31
Footnotes
F6, F7
TXT transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-4,779
Change %
-15%
Price
$0.000000
Shares after
26,312
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,779
Exercise price
$34.50
Footnotes
F8, F9
TXT transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-22,513
Change %
-100%
Price
$0.000000*
Shares after
0
Date
21 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
22,513
Exercise price
$44.31
Footnotes
F6, F7
TXT transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-26,312
Change %
-100%
Price
$0.000000*
Shares after
0
Date
21 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
26,312
Exercise price
$34.50
Footnotes
F8, F9
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote F6

The option vested in three (3) equal annual installments beginning on March 1, 2016.

Footnote F7

Issued pursuant to the Textron Inc. 2007 Long-Term Incentive Plan.

Footnote F8

The option vested in three (3) equal annual installments beginning on March 1, 2017.

Footnote F9

Issued pursuant to the Textron Inc. 2015 Long-Term Incentive Plan.

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