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Textron (TXT) VP Bamford receives stock options, shares and tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Textron Inc. VP & Corporate Controller Mark S. Bamford reported equity awards and related tax withholding transactions. He received 4,424 employee stock options at an exercise price of $0.0000 per share, issued under the Textron Inc. 2024 Long-Term Incentive Plan. According to the footnotes, these options vest in three equal annual installments beginning on March 1, 2027.

He was also granted 1,296 shares of common stock at $0.0000 per share. To cover tax obligations, 564 common shares were disposed of at $98.65 per share through a tax-withholding transaction, leaving 8,603.983 common shares held directly after these transactions. In addition, 222.872 common shares are held indirectly on his behalf in the Textron Savings Plan as of March 1, 2026.

Positive

  • None.

Negative

  • None.
Insider Bamford Mark S
Role VP & Corporate Controller
Type Security Shares Price Value
Grant/Award Employee Stock Option (Right to Buy) 4,424 $0.00 --
Grant/Award Common Stock 1,296 $0.00 --
Tax Withholding Common Stock 564 $98.65 $56K
holding Common Stock -- -- --
Holdings After Transaction: Employee Stock Option (Right to Buy) — 4,424 shares (Direct); Common Stock — 9,167.983 shares (Direct); Common Stock — 222.872 shares (Indirect, Held on behalf of the Reporting Person by the Textron Savings Plan (as of 03/01/2026).)
Footnotes (1)
  1. The option vests in three (3) equal annual installments beginning on March 1, 2027. Issued pursuant to the Textron Inc. 2024 Long-Term Incentive Plan.
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*
Bamford Mark S

(Last) (First) (Middle)
TEXTRON INC.
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)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP & Corporate Controller
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
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 03/01/2026 A 1,296 A $0 9,167.983 D
Common Stock 03/01/2026 F 564 D $98.65 8,603.983 D
Common Stock 222.872 I Held on behalf of the Reporting Person by the Textron Savings Plan (as of 03/01/2026).
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) $98.65 03/01/2026 A 4,424 (1) 03/01/2036 Common Stock 4,424 $0(2) 4,424 D
Explanation of Responses:
1. The option vests in three (3) equal annual installments beginning on March 1, 2027.
2. Issued pursuant to the Textron Inc. 2024 Long-Term Incentive Plan.
Remarks:
/s/ Jayne M. Donegan, Attorney-in-Fact 03/03/2026
** 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 equity awards did Textron (TXT) executive Mark S. Bamford receive?

Mark S. Bamford received 4,424 employee stock options and 1,296 shares of Textron common stock as equity awards. Both were granted at a price of $0.0000 per share under Textron’s 2024 Long-Term Incentive Plan, reflecting non-cash compensation tied to company equity.

How do Mark S. Bamford’s new Textron (TXT) stock options vest?

Bamford’s 4,424 Textron employee stock options vest in three equal annual installments. Vesting begins on March 1, 2027, meaning one-third of the options become exercisable each year over three years, aligning his long-term incentives with the company’s multi-year performance.

Why were 564 Textron (TXT) shares disposed of in Mark S. Bamford’s Form 4?

The 564 Textron shares were disposed of to satisfy tax obligations linked to his equity awards. This tax-withholding disposition occurred at a price of $98.65 per share and represents payment of tax liability by delivering shares rather than a traditional open-market sale.

How many Textron (TXT) shares does Mark S. Bamford hold after these transactions?

After the reported transactions, Bamford holds 8,603.983 Textron common shares directly. Additionally, 222.872 Textron common shares are held on his behalf indirectly through the Textron Savings Plan, as of March 1, 2026, increasing his overall equity exposure to the company.

What is the Textron Inc. 2024 Long-Term Incentive Plan mentioned in the Form 4?

The Form 4 notes that Bamford’s 4,424 stock options were issued under Textron Inc.’s 2024 Long-Term Incentive Plan. This plan provides equity-based awards, such as options, to align executives’ compensation with shareholder interests over a multi-year horizon through performance-linked vesting.