TEXTRON INC - Director's Dealing 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEXTRON INC (TXT)
CIK: 0000217346
Period of Report: 2005-02-23

Reporting Person: CAMPBELL LEWIS B (Director, Chairman, President and CEO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-02-23	Common Stock	A	20090	—	Acquired	238976.9836	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-02-23	Employee Stock Option (Right to Buy)	$76.575	A	30130	Acquired	2015-02-22	Common Stock (30130)	Direct

Security	Shares	Ownership
Common Stock	7991.177	Indirect

F1: Includes 25,087 shares acquired pursuant to a dividend reinvestment feature of the Textron 1999 Long-Term Incentive Plan (as of 12/31/2004).

F2: The option vests in three equal annual installments, beginning on February 23, 2006.

F3: Shares issued pursuant to the Textron 1999 Long-Term Incentive Plan.