Textron (TXT) director Michael X. Garrett receives 2,061-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Textron Inc.April 29, 2026 as a compensation-related award at no stated purchase price. Following this grant, his directly held stake increased to 8,598 shares of Textron common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Garrett Michael X
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,061 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,598 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 2,061 shares
Post-transaction holdings: 8,598 shares
Reported grant price: $0.0000 per share
+1 more
4 metrics
Shares granted
2,061 shares
Common Stock grant on April 29, 2026
Post-transaction holdings
8,598 shares
Directly owned Textron common stock after grant
Reported grant price
$0.0000 per share
Form 4 transactional price field for stock award
Transaction code
A
Grant, award, or other acquisition of common stock
Key Terms
Common Stock, Grant, award, or other acquisition, Form 4, direct ownership
4 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
direct ownership financial
"ownership_type: "direct", ownership_code: "D""
FAQ
What insider transaction did Textron (TXT) director Michael X. Garrett report?
Textron director Michael X. Garrett reported receiving a grant of 2,061 shares of Textron common stock. The transaction was coded as a grant, award, or other acquisition, reflecting stock-based compensation rather than an open-market purchase or sale.
Was Michael X. Garrett’s Textron (TXT) stock transaction a market buy or sell?
The filing shows no market buy or sell. Instead, Michael X. Garrett received 2,061 Textron common shares as a grant coded as a “Grant, award, or other acquisition,” with a reported price of $0.0000 per share, indicating stock-based compensation.
What does the transaction code on Michael X. Garrett’s Textron (TXT) Form 4 mean?
The Form 4 lists transaction code “A,” described as a grant, award, or other acquisition. This indicates Michael X. Garrett’s 2,061 Textron common shares were received as a compensation-related stock award, not purchased or sold on the open market.