Bamford Mark S 4

What Happened

• Mark S. Bamford, Vice President & Corporate Controller of Textron Inc. (TXT), was granted equity awards on March 1, 2026 totaling 5,720 shares (1,296 shares and a 4,424-share derivative award). As part of the settlement, 564 shares were withheld to cover tax withholding at a reported value of $98.65 per share, totaling $55,639. The grants were reported as $0.00 per share (typical for restricted stock/RSU grants).

Key Details

• Transaction date: March 1, 2026.
• Grants: 1,296 shares acquired at $0.00; 4,424 shares acquired as a derivative award at $0.00.
• Tax withholding: 564 shares disposed/withheld at $98.65 each = $55,639 (code F).
• Net shares delivered to the insider (gross awards minus withheld shares): 5,156 shares.
• Footnotes: F1 — the option vests in three equal annual installments beginning March 1, 2027; F2 — awards issued under the Textron Inc. 2024 Long-Term Incentive Plan.
• Filing: Form 4 filed March 3, 2026 (covers March 1 transactions) — appears timely per standard Form 4 rules.
• Shares owned after the transaction: not specified in this filing.

Context

• These entries reflect equity awards and routine tax-withholding, not an open-market purchase or sale. Withholding shares to cover taxes is common when restricted stock units or similar awards vest/settle and does not necessarily indicate the insider is reducing their stake by choice. The derivative award and footnote about vesting suggest at least part of the grant will vest over future years.