Textron VP granted 4,424 options, 1,296 shares
Textron Inc. VP & Corporate Controller Mark S. Bamford reported equity awards and related tax withholding transactions.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 4,424 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,296 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 564 | $98.65 | $56K |
| Holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. The option vests in three (3) equal annual installments beginning on March 1, 2027.
- F2. Issued pursuant to the Textron Inc. 2024 Long-Term Incentive Plan.
FAQ
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What equity awards did Textron (TXT) executive Mark S. Bamford receive?
How do Mark S. Bamford’s new Textron (TXT) stock options vest?
What is the Textron Inc. 2024 Long-Term Incentive Plan mentioned in the Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.