Textron executive chairman acquires 645.279 stock units in plan
Textron Inc.'s executive chairman and director reports new stock units from a company plan.
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Rhea-AI Filing Summary
Textron Inc.'s executive chairman and director reports new stock units from a company plan. On 01/02/2026, the reporting person acquired 645.279 stock units linked to Textron common stock at $87.05 per unit under the Textron Spillover Savings Plan. Each stock unit is valued based on one share of Textron common stock and is payable in cash when the executive's employment with Textron ends. Following this transaction, the executive beneficially owned a total of 18,969.479 stock units held directly, with the total including units from dividend reinvestment transactions that are not individually reportable.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 645.279 | $87.05 | $56K |
Footnotes (3)
- F1. Each stock unit is valued based upon the value of one (1) share of Textron Inc. common stock.
- F2. Acquired pursuant to the Textron Spillover Savings Plan; total includes stock units acquired in dividend reinvestment transactions not required to be reported.
- F3. Payable in cash upon the conclusion of Reporting Person's employment with Textron Inc.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Textron Inc. (TXT) report in this Form 4?
At what value were the Textron (TXT) stock units credited in this transaction?
How many Textron Inc. stock units does the executive now beneficially own?
What is the Textron Spillover Savings Plan mentioned in the filing?
How and when will the Textron (TXT) stock units be paid to the executive?
What is the reporting person’s role at Textron Inc. (TXT)?
AI-generated analysis. How Rhea-AI works. Not financial advice.