Textron (NYSE: TXT) CEO Atherton files Form 3 on share holdings
Rhea-AI Filing Summary
Textron Inc.’s new President and CEO, Lisa M. Atherton, has filed an initial statement of her ownership of Textron stock and equity awards as of January 4, 2026. She reports direct ownership of 29,473 shares of common stock, which includes restricted stock units scheduled to vest on March 1 of 2026, 2027, and 2028 and be settled in Textron common shares. She also has 2,361.524 shares of common stock held indirectly for her through the Textron Savings Plan.
The filing lists 1,451.863 stock units acquired under the Textron Spillover Savings Plan, which are valued based on one share of Textron common stock and are payable in cash when her employment with Textron ends. In addition, Atherton holds a series of employee stock options giving her the right to buy Textron common stock, including grants for 7,600 shares at an exercise price of $34.5 expiring March 1, 2026 and 16,827 shares at $74.73 expiring March 1, 2035. Earlier option grants are already fully vested, while more recent awards vest in three equal annual installments beginning March 1 of 2024, 2025, and 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Units | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Includes 4,428, 4,284, and 5,052 restricted stock units which vest on March 1, 2026, 2027, and 2028, respectively, and will be settled in shares of Textron Inc. common stock upon vesting. Payable in cash upon the conclusion of Reporting Person's employment with Textron Inc. Acquired pursuant to the Textron Spillover Savings Plan; total includes stock units acquired in dividend reinvestment transactions not required to be reported. Each stock unit is valued based upon the value of one (1) share of Textron Inc. common stock. The option vested fully on March 1, 2019 The option vested fully on March 1, 2020 The option fully vested on August 1, 2020 The option vested in full on March 1, 2021 The option vested fully on March 1, 2022 The option vested fully on March 1, 2023 The option vested fully on March 1, 2024 The option vested fully on March 1, 2025 The option vests in three (3) equal annual installments beginning on March 1, 2024 The option vests in three (3) equal annual installments beginning on March 1, 2025 The option vests in three (3) equal annual installments beginning on March 1, 2026
FAQ
What does Textron (TXT) CEO Lisa M. Atherton report owning in this Form 3?
Lisa M. Atherton reports 29,473 shares of Textron common stock held directly, plus 2,361.524 shares held on her behalf in the Textron Savings Plan, as of January 4, 2026.
What stock units does Lisa M. Atherton hold according to the Textron (TXT) filing?
She holds 1,451.863 stock units acquired under the Textron Spillover Savings Plan. Each unit is valued based on one share of Textron common stock and is payable in cash when her employment with Textron ends.
How many Textron (TXT) employee stock options are listed for Lisa M. Atherton?
The filing lists multiple employee stock options giving rights to buy Textron common stock, including 7,600 shares at $34.5 per share expiring on March 1, 2026 and 16,827 shares at $74.73 per share expiring on March 1, 2035, along with several grants in between.
Are Lisa M. Atherton’s Textron (TXT) stock options vested?
Several option grants have already fully vested, with vesting dates between March 1, 2019 and March 1, 2025. More recent grants vest in three equal annual installments beginning on March 1, 2024, March 1, 2025, and March 1, 2026.
Does this Textron (TXT) Form 3 show any new stock purchases or sales by Lisa M. Atherton?
The Form 3 is an initial statement of beneficial ownership. It lists Lisa M. Atherton’s existing holdings and equity awards as of January 4, 2026, rather than reporting new purchases or sales.
What is Lisa M. Atherton’s role at Textron (TXT) as shown in the Form 3?
The filing identifies Lisa M. Atherton as both a Director and an Officer of Textron Inc., with the title President and CEO.