Kennedy Thomas A 4

What Happened

• Thomas A. Kennedy, a director of Textron Inc. (TXT), acquired shares in two actions: he received an award of 2,061 shares on 2026-04-29 (awarded shares reported at $0.00 cash consideration) and made an open-market purchase of 10,300 shares on 2026-05-01 at $95.98 per share for a total purchase price of $988,594. The open-market purchase (code P) is a direct buy; the award (code A) is a grant of equity.

Key Details

• Transactions and prices:
  • 2026-04-29: Award/grant — 2,061 shares, $0.00 per share (A)
  • 2026-05-01: Open-market purchase — 10,300 shares at $95.98 per share, total $988,594 (P)
• Shares owned after transaction: Not specified in the excerpt of the Form 4 provided.
• Filing: Form 4 filed 2026-05-01 reporting the 2026-04-29 and 2026-05-01 transactions; filing appears to be within the typical reporting window.
• Footnotes / plans: No 10b5-1 plan, tax-withholding, or other footnotes were noted in the provided details.

Context

• The 2,061-share award is a compensation grant — these are commonly issued to directors as part of standard pay and do not represent a cash outlay by the insider. The 10,300-share open-market purchase is a personal investment by the director and is often considered a more direct signal of insider buying than grants (but it is not proof of future performance). No options were exercised and no gifts or tax-withholding transactions are indicated in this filing.