Mark S. Bamford - 01 Jan 2025 Form 4 Insider Report for TEXTRON INC (TXT)

Signature
/s/ Jayne M. Donegan, Attorney-in-Fact
Issuer symbol
TXT
Transactions as of
01 Jan 2025
Net transactions value
-$24,362
Form type
4
Filing time
04 Mar 2025, 17:53:59 UTC
Previous filing
05 Mar 2024
Next filing
06 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TXT Common Stock Award $0 +1,492 +8.2% $0.000000 19,715 01 Mar 2025 Direct
transaction TXT Common Stock Tax liability $24,362 -326 -1.7% $74.73 19,389 01 Mar 2025 Direct

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) Award $0 +4,970 $0.000000 4,970 01 Mar 2025 Common Stock 4,970 $74.73 Direct F1, F2
transaction TXT Cash-Settled Restricted Stock Units Award $0 +20,000 $0.000000 20,000 01 Jan 2025 Common Stock 20,000 $0.000000 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests in three (3) equal annual installments, beginning on March 1, 2026.
F2 Issued pursuant to the Textron Inc. 2024 Long-Term Incentive Plan.
F3 Each cash-settled restricted stock unit is valued upon vesting based upon the value of one (1) share of Textron Inc. Common Stock.
F4 To be settled solely in cash on the third anniversary of the grant date.