Atherton Lisa M 4

What Happened Lisa M. Atherton, President and CEO of Textron Inc. (TXT), received equity awards on March 1, 2026 and had 2,008 shares withheld to satisfy tax liabilities related to the awards. The withholding resulted in disposition of 2,008 shares at $98.65 per share for proceeds of $198,089. The filing also reports two award grants: 27,118 shares (awarded, $0 acquisition price) and a derivative award of 92,593 shares (awarded, $0 acquisition price).

Key Details

• Transaction date: 2026-03-01; Form 4 filed 2026-03-03 (appears timely).
• Disposition (tax withholding): 2,008 shares at $98.65 — proceeds $198,089 (code F: tax withholding).
• Awards granted: 27,118 shares (award, $0 cost) and 92,593 derivative shares (award, $0 cost).
• Footnotes: F1 — the option (derivative award) vests in three equal annual installments beginning March 1, 2027; F2 — awards issued under the Textron Inc. 2024 Long-Term Incentive Plan.
• Shares owned after the reported transactions: not specified in the provided filing extract.

Context This was primarily an equity award grant combined with a routine tax-withholding disposition (not an open-market sale). The 92,593-item derivative award appears to be an option-like award with multi-year vesting (per F1), so value will be realized only as vesting conditions are met. Tax-withholding by surrendering shares is common and does not necessarily signal a change in CEO sentiment about the stock.