TEXTRON INC — Director's Dealing 2005

Feb 25, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: YATES RICHARD L (Sr. VP and Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-02-23	Common Stock	A	3360	—	Acquired	6860	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-02-23	Employee Stock Option (Right to Buy)	$76.575	A	10090	Acquired	2015-02-22	Common Stock (10090)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1349.589	Indirect
Common Stock	144.999	Indirect

Footnotes

F1: The option vests in three equal annual installments, beginning on February 23, 2006.

F2: Shares issued pursuant to the Textron 1999 Long-Term Incentive Plan.