Filing Details

Accession Number:
0001062993-23-004610
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-02-23 17:36:56
Reporting Period:
2023-02-21
Accepted Time:
2023-02-23 17:36:56
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
217346 Textron Inc TXT Aircraft & Parts (3720) 050315468
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1469602 T Frank Connor 40 Westminster Street
Providence RI 02903
Executive Vice President & Cfo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2023-02-21 63,361 $39.70 214,816 No 4 M Direct
Common Stock Disposition 2023-02-21 56,709 $73.27 158,107 No 4 S Direct
Common Stock Disposition 2023-02-21 6,652 $74.08 151,455 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option - Right to Buy Disposition 2023-02-21 63,361 $0.00 63,361 $39.70
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2024-03-01 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 26,437 Indirect By trust
Common Stock 5,467 Indirect Held on behalf of the Reporting Person by the Textron Savings Plan (as of 02/21/2023.
Footnotes
  1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.87 to $73.84, 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, with full information regarding the number of shares sold at each separate price within the range set forth above.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.915 to $74.51, 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, with full information regarding the number of shares sold at each separate price within the range set forth above.
  4. The option vested in three (3) equal annual installments, beginning on March 1, 2014.
  5. Issued pursuant to the Textron Inc. 2007 Long-Term Incentive Plan.