STOCK TITAN

Textron (NYSE: TXT) CEO exercises options and sells 7,600 shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Textron Inc. President and CEO Lisa M. Atherton reported multiple share transactions. On February 13, 2026, she exercised employee stock options for 7,600 shares of common stock at $34.50 per share that were granted under Textron’s 2015 Long-Term Incentive Plan.

She then sold 7,600 shares of Textron common stock in an open-market transaction at $98.68 per share, reducing her directly held common stock from 37,073 shares to 29,473 shares. She also made a bona fide gift of 2,532 shares, bringing her direct ownership to 26,941 shares.

In addition to these direct holdings, 2,433.641 shares of Textron common stock are held indirectly on her behalf in the Textron Savings Plan as of February 17, 2026. Overall, the filing shows a net sell position of 7,600 shares when comparing sales to purchases.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Atherton Lisa M

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

(Street)
PROVIDENCE RI 02903

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TEXTRON INC [ TXT ]
5. 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
3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/13/2026 M 7,600 A $34.5 37,073 D
Common Stock 02/13/2026 S 7,600 D $98.68 29,473 D
Common Stock 02/13/2026 G 2,532 D $0 26,941 D
Common Stock 2,433.641 I Held on behalf of Reporting Person by the Textron Savings Plan (as of 02/17/2026)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $34.5 02/13/2026 M 7,600 (1) 03/01/2026 Common Stock 7,600 (2) 0 D
Explanation of Responses:
1. The options vested in three (3) equal annual installments beginning on March 1, 2017
2. Issued pursuant to the Textron Inc. 2015 Long-Term Incentive Plan.
Remarks:
/s/ Jayne M. Donegan, Attorney-in-Fact 02/18/2026
** 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 4 (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 insider transactions did Textron (TXT) CEO Lisa Atherton report on February 13, 2026?

Lisa Atherton reported exercising options for 7,600 Textron shares and immediately selling 7,600 shares in an open-market trade. She also made a bona fide gift of 2,532 shares, changing both her direct and indirect ownership positions in Textron stock.

How many Textron (TXT) shares did the CEO sell in the latest insider filing?

The CEO sold 7,600 shares of Textron common stock in an open-market transaction at a reported price of $98.68 per share. This sale followed the exercise of 7,600 employee stock options that were originally granted under Textron’s 2015 Long-Term Incentive Plan.

What is Lisa Atherton’s direct Textron (TXT) share ownership after these transactions?

After exercising options, selling shares, and making a gift, Lisa Atherton directly owns 26,941 Textron common shares. Her holdings decreased from 37,073 shares before the sale and gift, reflecting both the open-market transaction and the transfer by bona fide gift.

Does Textron (TXT) CEO Lisa Atherton have any indirect share holdings?

Yes. The filing shows 2,433.641 Textron common shares held indirectly for Lisa Atherton through the Textron Savings Plan as of February 17, 2026. These indirect holdings are separate from her directly owned shares reported in the same insider filing.

What type of options did the Textron (TXT) CEO exercise in this Form 4?

Lisa Atherton exercised Employee Stock Options (Right to Buy) for 7,600 shares that vested in three equal annual installments beginning March 1, 2017. The options were issued pursuant to the Textron Inc. 2015 Long-Term Incentive Plan at an exercise price of $34.50 per share.

What is the overall net share impact of the Textron (TXT) CEO’s reported trades?

The transaction summary shows a net-sell position of 7,600 shares when comparing shares sold to shares acquired via option exercise. Direct ownership fell to 26,941 shares, while indirect holdings through the Textron Savings Plan total 2,433.641 shares as of the stated date.
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