CLARK R KERRY 4
Research Summary
AI-generated summary
Textron (TXT) Director Clark R Kerry Sells 2,517 Shares
What Happened
Clark R. Kerry, a director of Textron Inc. (TXT), sold 2,517 shares in an open-market transaction on May 6, 2026. The shares were disposed at $93.09 per share, for a total proceeds of approximately $234,308. This was a sale (Code S), which is a disposition of existing shares rather than a purchase or option exercise.
Key Details
- Transaction date and price: May 6, 2026 — 2,517 shares sold at $93.09 per share.
- Aggregate value: ~ $234,308.
- Filing date: Form 4 filed May 7, 2026 (appears timely; Form 4 is generally due within two business days).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnotes: No 10b5-1 plan, tax withholding, or other footnotes were indicated in the summarized transaction.
Context
Open-market sales by directors are common for liquidity, diversification, or personal reasons and do not necessarily signal a change in company outlook. Retail investors should view this as factual reporting of insider activity; purchases generally carry more weight as potential bullish signals.