Textron (TXT) VP & Corporate Controller reports 76.407 stock units
Rhea-AI Filing Summary
Textron Inc. officer reports acquisition of stock units tied to company shares. On 01/02/2026, the VP & Corporate Controller acquired 76.407 stock units under a company plan, each valued based on one share of Textron common stock at $87.05. Following this transaction, the reporting person beneficially owned 1,122.35 stock units. These units were acquired pursuant to the Textron Spillover Savings Plan and include amounts from dividend reinvestment. The stock units are payable in cash when the reporting person’s employment with Textron Inc. ends, rather than as actual shares.
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FAQ
What insider transaction did Textron Inc (TXT) disclose in this filing?
The VP & Corporate Controller of Textron Inc. reported acquiring 76.407 stock units on 01/02/2026, each valued based on one share of Textron common stock at
How many Textron (TXT) stock units does the reporting person hold after this transaction?
After the reported transaction, the insider beneficially owned 1,122.35 stock units linked to Textron Inc. common stock.
What plan was used for the Textron (TXT) stock unit acquisition?
The 76.407 stock units were acquired pursuant to the Textron Spillover Savings Plan, which also includes units from dividend reinvestment transactions.
Are the Textron (TXT) stock units settled in shares or cash?
The stock units are payable in cash upon the conclusion of the reporting person’s employment with Textron Inc., rather than being settled in actual shares.
What is the relationship of the reporting person to Textron Inc (TXT)?
The reporting person is an officer of Textron Inc., serving as VP & Corporate Controller, and filed individually as one reporting person.
Does this Textron (TXT) insider transaction involve derivative securities?
Yes. The filing reports stock units as derivative securities, each based on one share of Textron common stock, with an indicated value of