Textron (TXT) VP & Corporate Controller reports 76.407 stock units
Rhea-AI Filing Summary
Textron Inc. officer reports acquisition of stock units tied to company shares. On 01/02/2026, the VP & Corporate Controller acquired 76.407 stock units under a company plan, each valued based on one share of Textron common stock at $87.05. Following this transaction, the reporting person beneficially owned 1,122.35 stock units. These units were acquired pursuant to the Textron Spillover Savings Plan and include amounts from dividend reinvestment. The stock units are payable in cash when the reporting person’s employment with Textron Inc. ends, rather than as actual shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 76.407 | $87.05 | $7K |
Footnotes (1)
- Each stock unit is valued based upon the value of one (1) share of Textron Inc. common stock. Acquired pursuant to the Textron Spillover Savings Plan; total includes stock units acquired in dividend reinvestment transactions not required to be reported. Payable in cash upon the conclusion of Reporting Person's employment with Textron Inc.
FAQ
What insider transaction did Textron Inc (TXT) disclose in this filing?
The VP & Corporate Controller of Textron Inc. reported acquiring 76.407 stock units on 01/02/2026, each valued based on one share of Textron common stock at $87.05.
How many Textron (TXT) stock units does the reporting person hold after this transaction?
After the reported transaction, the insider beneficially owned 1,122.35 stock units linked to Textron Inc. common stock.
What plan was used for the Textron (TXT) stock unit acquisition?
The 76.407 stock units were acquired pursuant to the Textron Spillover Savings Plan, which also includes units from dividend reinvestment transactions.
What is the relationship of the reporting person to Textron Inc (TXT)?
The reporting person is an officer of Textron Inc., serving as VP & Corporate Controller, and filed individually as one reporting person.
Does this Textron (TXT) insider transaction involve derivative securities?
Yes. The filing reports stock units as derivative securities, each based on one share of Textron common stock, with an indicated value of $87.05 per unit.