[Form 4] Textron, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Textron Inc. (TXT) Form 4: EVP & CHRO Julie G. Duffy executed and immediately sold shares related to two option grants on 25 Jul 2025. She exercised 6,260 options at $49.58 (grant exp. Mar 2027) and 22,283 options at $40.60 (grant exp. Mar 2030), then sold the exact share counts in the open market at weighted-average prices of $79.3978 and $79.3627, respectively. Gross sale proceeds total roughly $2.27 million versus an aggregate exercise cost of about $1.21 million, producing an estimated pretax gain of ~$1.06 million.

Duffy also reported a gift of 585 shares. After all transactions, her direct beneficial ownership declined from 43,884 to 37,039 common shares and the two option positions are now fully exercised, leaving no remaining derivatives from those grants.

Positive

• None.

Negative

• Executive reduced direct holdings by 6,845 shares after fully liquidating shares obtained from option exercises, which some investors may view as a modest negative sentiment signal.

Insights

Securities Analyst

TL;DR – Routine option exercise and sale; minor ownership reduction, limited fundamental impact.

The filing shows a classic same-day exercise-and-sell transaction: the executive monetised soon-to-expire options, covering strike costs and capturing a ~$1 million gain. While the 28,543-share sale equates to ~0.02% of Textron’s float, insider sales can signal reduced personal exposure; however, the executive still retains 37,039 shares and the sale appears tied to compensation realisation rather than policy commentary. No new options were granted and no change to corporate outlook is implied, making the event neutral for valuation models. Liquidity impact is negligible and no compliance red-flags arise.

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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Duffy Julie G

(Last) (First) (Middle)

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 and CHRO

3. Date of Earliest Transaction (Month/Day/Year)
07/25/2025

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	07/25/2025		M		6,260	A	$49.58	43,884	D
Common Stock	07/25/2025		S		6,260	D	$79.3978(1)	37,624	D
Common Stock	07/25/2025		M		22,283	A	$40.6	59,907	D
Common Stock	07/25/2025		S		22,283	D	$79.3627(2)	37,624	D
Common Stock	07/25/2025		G		585	D	$0	37,039	D

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	07/25/2025		M			6,260	(3)	03/01/2027	Common Stock	6,260	(4)	0	D
Employee Stock Option (Right to Buy)	$40.6	07/25/2025		M			22,283	(5)	03/01/2030	Common Stock	22,283	(4)	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 $79.370 to $79.471, 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.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.330 to $79.450, 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.

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

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

5. The option vested in three (3) equal annual installments, beginning on March 1, 2021.

Remarks:

	/s/ Jayne M. Donegan, Attorney-in-Fact	07/29/2025
	** 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.

FAQ

How many Textron (TXT) shares did EVP Julie G. Duffy sell?

She sold 28,543 common shares on 25 Jul 2025.

What prices were the Textron shares sold for?

Weighted-average sale prices were $79.3978 for 6,260 shares and $79.3627 for 22,283 shares.

Which stock options were exercised in this Form 4?

Options for 6,260 shares at $49.58 (exp. 03/01/2027) and 22,283 shares at $40.60 (exp. 03/01/2030).

How many Textron shares does the executive now own?

Post-transaction, Duffy directly owns 37,039 common shares.

Did the executive retain any unexercised options after these transactions?

No. The two reported option grants are now fully exercised, leaving zero derivatives from those grants.