Textron (TXT) director receives 2,061-share stock award, now holds 11,128
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CLARK R KERRY reported acquisition or exercise transactions in this Form 4 filing.
Textron Inc. director Kerry R. Clark received a stock award of 2,061 shares of Textron common stock. The grant was reported at a price of $0.00 per share, indicating it is a compensation-related award rather than an open-market purchase. After this grant, Clark directly holds 11,128 Textron common shares, reflecting his ongoing equity stake in the company as a board member.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CLARK R KERRY
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,061 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,128 shares (Direct, null)
Footnotes (1)
Key Figures
Stock award size: 2,061 shares
Grant price per share: $0.00 per share
Total shares after transaction: 11,128 shares
3 metrics
Stock award size
2,061 shares
Common Stock grant on 2026-04-29
Grant price per share
$0.00 per share
Equity compensation award
Total shares after transaction
11,128 shares
Direct holdings following grant
Key Terms
Common Stock, Grant, award, or other acquisition, direct ownership
3 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
direct ownership financial
"ownership_type: "direct" and ownership_code: "D""
FAQ
What insider transaction did Textron (TXT) report for director Kerry R. Clark?
Textron reported that director Kerry R. Clark received an award of 2,061 shares of common stock. The shares were granted at $0.00 per share as equity compensation, increasing his direct holdings and aligning his interests more closely with Textron shareholders.
Was the Textron (TXT) insider transaction a purchase or a stock award?
The transaction was a stock award, not an open-market purchase. It is coded as a grant or other acquisition at a price of $0.00 per share, indicating compensation-related equity rather than a cash-funded market trade by Kerry R. Clark.
What does the Form 4 code "A" mean in the Textron (TXT) filing?
In this Textron filing, the Form 4 transaction code "A" denotes a grant, award, or other acquisition of shares. It signals that Kerry R. Clark received 2,061 Textron common shares as compensation instead of buying them on the open market.
Is Kerry R. Clark’s Textron (TXT) stock award considered direct ownership?
Yes. The Form 4 indicates the 2,061-share grant is held under direct ownership. The ownership code is "D", meaning the shares are registered directly to Kerry R. Clark, rather than through an indirect entity like a trust or partnership.