Form 4 for TXT Textron
Accepted 2023-02-23 00:00:00 ET · period of report 2023-02-21 · accession 0001062993-23-004610 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-02-23 | 2023-02-21 | TXT | Connor Frank T | EVP, CFO | S - Sale+OE | $73.36 | -63.4K | 158.1K | -29% | -$4.65M |
| D | 2023-02-23 | 2023-02-21 | TXT | Connor Frank T | EVP, CFO | M - OptEx | $39.70 | +63.4K | 214.8K | +42% | +$2.52M |
| D | 2023-02-23 | 2023-02-21 | TXT | Connor Frank T | EVP, CFO | M - OptEx | $0.00 | -63.4K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-02-21 | S | D | 6,652 | $74.08 | 151,455 | D | — | — | (F3) 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. |
| 2 | Common | Common Stock | 2023-02-21 | S | D | 56,709 | $73.27 | 158,107 | D | — | — | (F2) 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 | Common | Common Stock | 2023-02-21 | M | A | 63,361 | $39.70 | 214,816 | D | — | — | |
| 4 | Derivative | Employee Stock Option - Right to Buy | 2023-02-21 | M | D | 63,361 | $0.00 | 0 | D | $39.70 · — to 2024-03-01 | 63,361 Common Stock | (F5) Issued pursuant to the Textron Inc. 2007 Long-Term Incentive Plan. (F4) The option vested in three (3) equal annual installments, beginning on March 1, 2014. |