Textron chair awarded 44,445 stock options at $98.65
Textron Inc Executive Chairman Scott C. Donnelly reported equity grants and related tax withholding on March 1, 2026.
Rhea-AI Filing Summary
Textron Inc Executive Chairman Scott C. Donnelly reported equity grants and related tax withholding on March 1, 2026. He received an employee stock option for 44,445 shares of common stock at an exercise price of $98.65 and a separate grant of 13,017 common shares.
In connection with equity vesting or exercise, 19,777 shares were delivered or withheld at $98.65 per share to satisfy the exercise price or tax liability. After these transactions he holds 735,658 common shares directly and 7,564.379 shares indirectly via the Textron Savings Plan as of March 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
DONNELLY SCOTT C
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 44,445 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 13,017 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 19,777 | $98.65 | $1.95M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 44,445 contracts (Direct);
Common Stock — 735,658 shares (Direct);
Common Stock — 7,564.379 shares (Indirect, Held on behalf of Reporting Person by the Textron Savings Plan (as of 03/01/2026))
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.
Key Figures
Stock options granted: 44,445 shares
Option exercise price: $98.65 per share
Common shares granted: 13,017 shares
+4 more
7 metrics
Stock options granted
44,445 shares
Employee stock option grant on March 1, 2026
Option exercise price
$98.65 per share
Exercise price of the employee stock option
Common shares granted
13,017 shares
Non-derivative common stock grant on March 1, 2026
Shares withheld for tax/exercise
19,777 shares
Common shares delivered or withheld at $98.65 per share
Direct holdings after transactions
735,658 shares
Common stock held directly by Scott C. Donnelly post-transaction
Indirect savings plan holdings
7,564.379 shares
Common stock held via Textron Savings Plan as of March 1, 2026
Option expiration date
March 1, 2036
Expiration date of the employee stock option grant
Key Terms
Employee Stock Option, Textron Inc. 2024 Long-Term Incentive Plan, tax-withholding disposition, Rule 10b5-1
4 terms
Employee Stock Option financial
"Security title listed as Employee Stock Option (Right to Buy)"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
Textron Inc. 2024 Long-Term Incentive Plan financial
"Issued pursuant to the Textron Inc. 2024 Long-Term Incentive Plan."
tax-withholding disposition financial
"Transaction action described as tax-withholding disposition of common stock."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Rule 10b5-1 regulatory
"Filing’s Rule 10b5-1 checkbox (aff_10b5_one) is marked false."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Textron (TXT) grant to Executive Chairman Scott C. Donnelly?
Scott C. Donnelly received an employee stock option covering 44,445 Textron common shares at an exercise price of $98.65, plus a grant of 13,017 common shares. These awards were reported as equity compensation on March 1, 2026.
What is the exercise price and term of Scott Donnelly’s Textron (TXT) stock options?
The reported employee stock option has an exercise price of $98.65 per share and expires on March 1, 2036. Footnotes note an option vesting in three equal annual installments beginning March 1, 2027, issued under Textron Inc. 2024 Long-Term Incentive Plan.
Were Scott Donnelly’s Textron (TXT) insider transactions under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox (aff_10b5_one) is marked false, indicating these transactions are not affirmed as made pursuant to a Rule 10b5-1 trading plan. No footnotes in this report describe any separate pre-arranged trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
