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Textron (NYSE: TXT) CEO Atherton files Form 3 on share holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

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.

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SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Atherton Lisa M

(Last) (First) (Middle)
40 WESTMINSTER STREET

(Street)
PROVIDENCE RI 02903

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/04/2026
3. Issuer Name and Ticker or Trading Symbol
TEXTRON INC [ TXT ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 2,361.524 I Held on behalf of Reporting Person by the Textron Savings Plan (as of 01/04/2026)
Common Stock 29,473(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Units (2) (2) Common Stock 1,451.863(3) (4) D
Employee Stock Option (Right to Buy) (5) 03/01/2026 Common Stock 7,600 $34.5 D
Employee Stock Option (Right to Buy) (6) 03/01/2027 Common Stock 7,533 $49.58 D
Employee Stock Option (Right to Buy) (7) 08/01/2027 Common Stock 15,033 $49.39 D
Employee Stock Option (Right to Buy) (8) 03/01/2028 Common Stock 11,797 $58.24 D
Employee Stock Option (Right to Buy) (9) 03/01/2029 Common Stock 17,705 $54.43 D
Employee Stock Option (Right to Buy) (10) 03/01/2030 Common Stock 20,426 $40.6 D
Employee Stock Option (Right to Buy) (11) 03/01/2031 Common Stock 18,348 $51.56 D
Employee Stock Option (Right to Buy) (12) 03/01/2032 Common Stock 13,433 $71.07 D
Employee Stock Option (Right to Buy) (13) 03/01/2033 Common Stock 14,047 $73.19 D
Employee Stock Option (Right to Buy) (14) 03/01/2034 Common Stock 14,019 $88.68 D
Employee Stock Option (Right to Buy) (15) 03/01/2035 Common Stock 16,827 $74.73 D
Explanation of Responses:
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.
2. Payable in cash upon the conclusion of Reporting Person's employment with Textron Inc.
3. Acquired pursuant to the Textron Spillover Savings Plan; total includes stock units acquired in dividend reinvestment transactions not required to be reported.
4. Each stock unit is valued based upon the value of one (1) share of Textron Inc. common stock.
5. The option vested fully on March 1, 2019
6. The option vested fully on March 1, 2020
7. The option fully vested on August 1, 2020
8. The option vested in full on March 1, 2021
9. The option vested fully on March 1, 2022
10. The option vested fully on March 1, 2023
11. The option vested fully on March 1, 2024
12. The option vested fully on March 1, 2025
13. The option vests in three (3) equal annual installments beginning on March 1, 2024
14. The option vests in three (3) equal annual installments beginning on March 1, 2025
15. The option vests in three (3) equal annual installments beginning on March 1, 2026
Remarks:
/s/ Jayne M. Donegan, Attorney-in-Fact 01/13/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

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