Textron Inc. (TXT) executive chairman adds 645.279 stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Textron Inc.'s executive chairman and director reports new stock units from a company plan. On 01/02/2026, the reporting person acquired 645.279 stock units linked to Textron common stock at $87.05 per unit under the Textron Spillover Savings Plan. Each stock unit is valued based on one share of Textron common stock and is payable in cash when the executive's employment with Textron ends. Following this transaction, the executive beneficially owned a total of 18,969.479 stock units held directly, with the total including units from dividend reinvestment transactions that are not individually reportable.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DONNELLY SCOTT C
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 645.279 | $87.05 | $56K |
Holdings After Transaction:
Stock Units — 18,969.479 shares (Direct)
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) report in this Form 4?
Textron Inc. reported that its executive chairman and director acquired 645.279 stock units on 01/02/2026 under the Textron Spillover Savings Plan.
At what value were the Textron (TXT) stock units credited in this transaction?
Each stock unit was valued at $87.05, and each unit is based on the value of one share of Textron Inc. common stock.
How many Textron Inc. stock units does the executive now beneficially own?
After the reported transaction, the executive beneficially owned 18,969.479 stock units, held directly.
What is the Textron Spillover Savings Plan mentioned in the filing?
The filing states that the 645.279 stock units were acquired pursuant to the Textron Spillover Savings Plan and that the total includes stock units from dividend reinvestment transactions not required to be reported.
How and when will the Textron (TXT) stock units be paid to the executive?
According to the filing, the stock units are payable in cash upon the conclusion of the reporting person's employment with Textron Inc.
What is the reporting person’s role at Textron Inc. (TXT)?
The reporting person is both a Director and an Officer, serving as Executive Chairman of Textron Inc.