TEXTRON INC SEC Filings

TEXTRON INC director Thomas A. Kennedy increased his stake through an open-market purchase and an equity award. On May 1, 2026, he bought 10,300 shares of Common Stock at $95.98 per share. On April 29, 2026, he received a grant of 2,061 shares. After these transactions, he directly owns 20,162 shares of Textron common stock.

Textron Inc. director Deborah L. James received a stock award of 2,061 shares of common stock. The award, reported at a price of $0.00 per share on April 29, 2026, reflects a compensation-related grant rather than an open-market purchase.

Following this grant, James directly holds 20,505 Textron common shares. The reported total includes additional shares acquired through dividend reinvestment transactions that were not required to be reported individually.

Textron Inc.April 29, 2026 as a compensation-related award at no stated purchase price. Following this grant, his directly held stake increased to 8,598 shares of Textron common stock.

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.

Textron Inc. reported the results of shareholder voting on director elections and other matters. Each director nominee received strong support, with votes for ranging from 139,534,098 for Maria T. Zuber to 147,323,532 for Cristina Méndez, alongside relatively low against and abstain totals and 10,686,446 broker non-votes for each director.

The filing also shows other proposals receiving 153,936,094 and 133,528,357 votes in favor, with smaller against and abstain counts, indicating broad shareholder approval of the matters presented.

Ambrose Richard F reported acquisition or exercise transactions in this Form 4 filing.

Textron Inc. director Richard F. Ambrose reported receiving a grant of 2,061 shares of Textron common stock. The award was recorded at a price of $0.00 per share, indicating it was compensation rather than a market purchase. After this grant, he directly holds 11,302 Textron common shares.

Vanguard Capital Management reported beneficial ownership of 13,018,492 shares (7.47%) of Textron Inc Common Stock as of 03/31/2026. The filing states sole power to vote for 1,683,245 shares and sole dispositive power for 13,018,492 shares. The Schedule 13G notes these holdings include securities held for Vanguard funds and other managed accounts; related Vanguard affiliates exercise voting or dispositive power for some holdings. The form is signed by Ashley Grim on 04/30/2026.

Textron Inc. delivered higher sales but faces key program and portfolio shifts in early 2026. First‑quarter revenues rose 12% year over year to $3.695 billion, led by Textron Aviation, where strong demand for Citation jets and turboprops lifted segment revenue 22% and profit 26%. Net income increased to $220 million, and diluted earnings per share improved to $1.25. Companywide backlog reached $19.2 billion, reflecting healthy demand across aviation, defense and industrial markets.

Bell’s revenue grew 9% on higher MV‑75 military program activity, but its profit fell 20% as mix shifted away from commercial helicopters and toward lower‑margin defense work. Textron disclosed that when the largely fixed‑price MV‑75 contract enters its Low‑Rate Initial Production phase, it expects a one‑time, unfavorable cumulative catch‑up adjustment of $60 million to $110 million, though management still expects the overall program to be profitable. Textron Systems and the Finance segment both posted modest profit growth, while Industrial improved margins despite flat revenue.

Operating cash flow was a seasonal outflow of $117 million, as inventory and working capital increased, and the company spent $133 million on capital expenditures and $168 million repurchasing 1.8 million shares. Management also announced plans to separate the Industrial segment within 12 to 18 months, potentially through a sale or tax‑free spin‑off, while cautioning that timing, structure and ultimate completion remain uncertain. In addition, Textron highlighted funding risk on the accelerated MV‑75 program: the U.S. Army is seeking $350 million of additional fiscal 2026 funding, and if current funds are exhausted before approval, Bell could receive a stop‑work order, which may cause program delays, supplier claims or unrecoverable costs.

Textron Inc. reported a strong first quarter of 2026 and outlined a major portfolio change. Revenues were $3.7 billion, up 12% from a year earlier, driven by higher aircraft deliveries at Textron Aviation and increased military volume at Bell. GAAP diluted EPS rose to $1.25 from $1.13, while adjusted EPS increased to $1.45 from $1.28.

Textron announced its intent to separate its Industrial segment, which includes Kautex and Textron Specialized Vehicles, from its core aerospace and defense businesses. Management is exploring alternatives such as a sale or a tax‑free separation into a standalone public company, targeting completion within 12 to 18 months, subject to Board and regulatory approvals.

Following the planned separation, “New Textron” is expected to be a pure‑play aerospace and defense company with over $12 billion in expected 2026 revenues and about $19.2 billion in backlog, while Industrial is described as a global mobility business with over $3 billion in expected 2026 revenues.