Textron (NYSE: TXT) chair sells stock after exercising 219,619 options

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

Rhea-AI Filing Summary

Textron Executive Chairman Scott C. Donnelly exercised 219,619 stock options and sold an equal number of Textron Inc. shares. On February 13, 2026, he converted employee stock options into 219,619 shares of common stock at an exercise price of $49.58 per share.

He then sold 130,168 shares at a weighted average price of $98.1465, 89,229 shares at $98.7915, and 222 shares at $99.6576, for total open-market sales matching the exercised amount. After these transactions, he directly held 742,418 Textron shares, with an additional 7,535.735 shares held indirectly through the Textron Savings Plan.

Insider Trade Summary

Net Seller: 219,619 shares ($21,612,724)

Net Sell 6 txns

Insider DONNELLY SCOTT C

Role Executive Chairman

Sold 219,619 shs ($21.61M)

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (Right to Buy)	219,619	$0.00	--
Exercise	Common Stock	219,619	$49.58	$10.89M
Sale	Common Stock	130,168	$98.1465	$12.78M
Sale	Common Stock	89,229	$98.7915	$8.82M
Sale	Common Stock	222	$99.6576	$22K
holding	Common Stock	--	--	--

Holdings After Transaction: Employee Stock Option (Right to Buy) — 0 shares (Direct); Common Stock — 962,037 shares (Direct); Common Stock — 7,535.735 shares (Indirect, Held on behalf of Reporting Person by the Textron Savings Plan (as of 02/17/2026))

Footnotes (1)

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.550 to $98.545, inclusive. The Reporting Person undertakes to provide to Textron Inc., any security holder of Textron Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated above. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.550 to $99.510, inclusive. The Reporting Person undertakes to provide to Textron Inc., any security holder of Textron Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated above. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.645 to $99.680, inclusive. The Reporting Person undertakes to provide to Textron Inc., any security holder of Textron Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated above. The options vested in three (3) equal annual installments beginning on March 1, 2018. Issued pursuant to the Textron Inc. 2015 Long-Term Incentive Plan.

Form 4 Insider Transactions: What Each Field Means →

02/18/2026 - 05:47 PM

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^*

DONNELLY SCOTT C

(Last)

(First)

(Middle)

40 WESTMINSTER STREET

(Street)

PROVIDENCE

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)
	Executive Chairman

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/13/2026		M		219,619	A	$49.58	962,037	D
Common Stock	02/13/2026		S		130,168	D	$98.1465⁽¹⁾	831,869	D
Common Stock	02/13/2026		S		89,229	D	$98.7915⁽²⁾	742,640	D
Common Stock	02/13/2026		S		222	D	$99.6576⁽³⁾	742,418	D
Common Stock								7,535.735	I	Held on behalf of Reporting Person by the Textron Savings Plan (as of 02/17/2026)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (Right to Buy)	$49.58	02/13/2026		M			219,619	⁽⁴⁾	03/01/2027	Common Stock	219,619	⁽⁵⁾	0	D

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.550 to $98.545, inclusive. The Reporting Person undertakes to provide to Textron Inc., any security holder of Textron Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated above.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.550 to $99.510, inclusive. The Reporting Person undertakes to provide to Textron Inc., any security holder of Textron Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated above.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.645 to $99.680, inclusive. The Reporting Person undertakes to provide to Textron Inc., any security holder of Textron Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated above.

4. The options vested in three (3) equal annual installments beginning on March 1, 2018.

5. Issued pursuant to the Textron Inc. 2015 Long-Term Incentive Plan.

Remarks:

	/s/ Jayne M. Donegan, Attorney-in-Fact	02/18/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Textron (TXT) Executive Chairman Scott Donnelly report in this Form 4?

Scott Donnelly reported exercising 219,619 employee stock options and selling 219,619 Textron common shares. The transactions occurred on February 13, 2026, and involved converting options at $49.58 per share, followed by multiple open-market sales at weighted average prices near $98–$100.

How many Textron (TXT) shares did Scott Donnelly sell and at what prices?

Scott Donnelly sold a total of 219,619 Textron common shares. He sold 130,168 shares at $98.1465, 89,229 shares at $98.7915, and 222 shares at $99.6576, with each price reported as a weighted average of multiple trades within stated ranges.

How many Textron (TXT) shares does Scott Donnelly own after these transactions?

After the reported transactions, Scott Donnelly directly held 742,418 Textron common shares. In addition, 7,535.735 Textron shares were held indirectly for his benefit through the Textron Savings Plan, based on plan holdings reported as of February 17, 2026.

What kind of derivative transaction did Scott Donnelly execute in Textron (TXT) stock?

Scott Donnelly exercised 219,619 employee stock options, converting them into Textron common shares. The options were exercised at $49.58 per share and were originally issued under the Textron Inc. 2015 Long-Term Incentive Plan, with vesting in three equal annual installments beginning March 1, 2018.

Were Scott Donnelly’s Textron (TXT) stock sales single trades or multiple transactions?

Each reported sale price is a weighted average reflecting multiple trades. Footnotes state the 202,619 shares sold were executed in numerous transactions within price ranges from $97.550 to $99.680, and detailed trade-by-trade information is available upon request from Textron or the reporting person.