Textron (NYSE: TXT) CEO granted options, shares; small tax share sale

Rhea-AI Filing Summary

Textron Inc. President and CEO Lisa M. Atherton reported new equity awards and a small tax-related share disposition. She was granted 92,593 employee stock options and 27,118 shares of common stock on March 1, 2026, both as awards recorded at no cost to her. The option award vests in three equal annual installments beginning on March 1, 2027 and was issued under the Textron Inc. 2024 Long-Term Incentive Plan. To cover tax obligations, 2,008 common shares were disposed of at $98.65 per share, leaving her with 52,051 shares held directly and 2,458.716 shares held indirectly through the Textron Savings Plan as of March 1, 2026.

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

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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)
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		27,118	A	$0	54,059	D
Common Stock	03/01/2026		F		2,008	D	$98.65	52,051	D
Common Stock								2,458.716	I	Held on behalf of 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		92,593		(1)	03/01/2036	Common Stock	92,593	$0(2)	92,593	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.
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FAQ

What equity awards did Textron (TXT) CEO Lisa Atherton receive on March 1, 2026?

Lisa Atherton received a grant of 92,593 employee stock options and 27,118 shares of Textron common stock on March 1, 2026. Both awards were recorded at no acquisition cost and support her long-term alignment with shareholders through equity-based compensation.

How do Lisa Atherton’s new Textron stock options vest?

The 92,593 Textron employee stock options granted to Lisa Atherton vest in three equal annual installments beginning March 1, 2027. This means one-third of the options become exercisable each year, encouraging multi-year leadership continuity and performance before full vesting is reached.

Why did Textron CEO Lisa Atherton dispose of 2,008 shares in this Form 4?

The 2,008 Textron common shares were disposed of to pay tax liabilities or exercise costs by delivering securities, as indicated by transaction code F. They were transferred at $98.65 per share, reflecting a tax-withholding disposition rather than an ordinary open-market sale.

How many Textron (TXT) shares does Lisa Atherton hold after these transactions?

After the reported transactions, Lisa Atherton holds 52,051 Textron common shares directly. In addition, 2,458.716 Textron shares are held indirectly on her behalf through the Textron Savings Plan as of March 1, 2026, indicating a combined direct and plan-based ownership position.

Under which plan were Lisa Atherton’s new Textron equity awards issued?

The employee stock options granted to Lisa Atherton were issued under the Textron Inc. 2024 Long-Term Incentive Plan. This plan governs long-term equity incentives for eligible participants and links a portion of executive compensation to Textron’s future performance and share value.