DONNELLY SCOTT C 4

What Happened
Scott C. Donnelly, Executive Chairman and Director of Textron Inc. (TXT), had 19,777 shares withheld on 2026-03-01 to satisfy tax or exercise-related obligations (disposed at $98.65 each, totaling $1,951,001). On the same date he received awards/awarded derivative securities: 13,017 shares (awarded/acquired) and 44,445 derivative awards (issued under the 2024 Long‑Term Incentive Plan).

Key Details

• Transaction date: 2026-03-01; Form 4 filed 2026-03-03 (appears timely).
• Withheld/disposed: 19,777 shares at $98.65, proceeds/value $1,951,001 (code F — tax/exercise withholding).
• Awards/acquired: 13,017 shares (A) and 44,445 derivative awards (A) issued pursuant to the Textron Inc. 2024 Long‑Term Incentive Plan (F2).
• Vesting note for derivative award: the 44,445 option/derivative vests in three equal annual installments beginning March 1, 2027 (F1).
• Shares owned after the transactions: Not specified in this filing.

Context

• The 19,777‑share entry is a tax-withholding disposition (common when RSUs/options vest or are exercised) rather than an open‑market sale that signals directional conviction.
• The 13,017 shares appear to be an award of shares and the 44,445 item is a time‑vesting derivative grant (options or similar) — both issued under the company LTIP.
• No 10b5-1 plan or late filing indication is noted in the reported items.