Textron EVP sells 28,056 shares after option exercise

Textron Inc. executive E. Robert Lupone exercised stock options and sold shares.

Accepted by SEC EDGAR 02/18/2026 - 05:08 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Textron Inc. executive E. Robert Lupone exercised stock options and sold shares. On February 17, 2026, he exercised employee stock options for 28,056 shares of Textron common stock and acquired those shares at a price of $49.58 per share through option exercise. The same day, he sold 28,056 common shares in an open-market transaction at a weighted average price of $98.8436 per share, with individual trades ranging from $98.555 to $98.960. After these transactions, he held 103,991.18 Textron common shares directly and 6,414.165 shares indirectly through the Textron Savings Plan as of February 17, 2026.

Insider Trade Summary

Exercise and Sale: 28,056 shares ($1.38M approx. pre-tax spread)

Exercise and Sale 3 txns

Insider Lupone E Robert

Role EVP, General Counsel & Secy

Sold 28,056 shs ($2.77M)

Approx. gross sale proceeds $2.77M

Approx. exercise cost $1.39M

Approx. pre-tax spread $1.38M

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (Right to Buy)	28,056	$0.00	$0.00
Exercise	Common Stock	28,056	$49.58	$1.39M
Sale	Common Stock	28,056	$98.8436	$2.77M
Holding	Common Stock	--	--	--

Holdings After Transaction: Employee Stock Option (Right to Buy) — 0 contracts (Direct); Common Stock — 103,991.18 shares (Direct); Common Stock — 6,414.165 shares (Indirect, Held on behalf of Reporting Person by the Textron Savings Plan (as of 02/17/2026).)

Footnotes (3)

1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.555 to $98.960, 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. F2. The options vested in three (3) equal annual installments, beginning on March 1, 2018.
3. F3. Issued pursuant to the Textron Inc. 2015 Long-Term Incentive Plan

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Textron (TXT) executive E. Robert Lupone report?

E. Robert Lupone reported exercising stock options for 28,056 Textron shares and immediately selling 28,056 common shares. The activity occurred on February 17, 2026, reflecting an option exercise followed by an open-market sale at a weighted average price of $98.8436 per share.

How many Textron (TXT) shares did E. Robert Lupone sell and at what price?

He sold 28,056 Textron common shares in an open-market transaction. The weighted average sale price was $98.8436 per share, with individual trades executed between $98.555 and $98.960, according to the reported Form 4 footnote describing the pricing range.

What options did E. Robert Lupone exercise in Textron (TXT) stock?

He exercised employee stock options covering 28,056 Textron shares designated as a right to buy. The options were issued under the Textron Inc. 2015 Long-Term Incentive Plan and vested in three equal annual installments beginning March 1, 2018, as disclosed in the footnotes.

What is E. Robert Lupone’s Textron (TXT) share ownership after these transactions?

After the reported transactions, he directly owned 103,991.18 Textron common shares. He also indirectly held 6,414.165 shares through the Textron Savings Plan as of February 17, 2026, reflecting plan-held shares on his behalf in addition to his direct holdings.

How are the indirect Textron (TXT) shares held for E. Robert Lupone?

Indirect Textron shares are held on his behalf by the Textron Savings Plan. The Form 4 notes 6,414.165 common shares in this plan as of February 17, 2026, categorized as indirect ownership, separate from his directly owned common stock position.

What role does E. Robert Lupone hold at Textron (TXT) in this Form 4?

In the Form 4, E. Robert Lupone is identified as an officer of Textron, serving as Executive Vice President, General Counsel and Secretary. His reported transactions involve company stock and options held in his capacity as a senior executive.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Lupone E Robert

(Last) (First) (Middle)

TEXTRON INC.

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, General Counsel & Secy

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

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	02/17/2026		M		28,056	A	$49.58	132,047.18	D
Common Stock	02/17/2026		S		28,056	D	$98.8436(1)	103,991.18	D
Common Stock								6,414.165	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$49.58	02/17/2026		M			28,056	(2)	03/01/2027	Common Stock	28,056	(3)	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 $98.555 to $98.960, 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 options vested in three (3) equal annual installments, beginning on March 1, 2018.

3. 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.