TEXTRON INC — Director's Dealing 2006

Apr 19, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEXTRON INC (TXT)
CIK: 0000217346
Period of Report: 2006-03-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-03-01	Common Stock	A	20239	—	Acquired	217170.7216	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-03-01	Employee Stock Option (Right to Buy)	$87.95	A	23764	Acquired	2016-02-29	Common Stock (23764)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8619.787	Indirect

Footnotes

F1: Includes 23,041.738 shares acquired pursuant to a dividend reinvestment feature of the Textron 1999 Long-Term Incentive Plan (as of 12/31/2005).

F2: The option vests in three equal annual installments, beginning on March 1, 2007.

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