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TEXTRON INC Director's Dealing 2023

Feb 23, 2023

30438_dirs_2023-02-23_fd888b44-4de5-4436-aeb3-33f3e01b2aa5.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEXTRON INC (TXT)
CIK: 0000217346
Period of Report: 2023-02-21

Reporting Person: Connor Frank T (Executive Vice President & CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-02-21 Common Stock M 63361 $39.7 Acquired 214816 Direct
2023-02-21 Common Stock S 56709 $73.268 Disposed 158107 Direct
2023-02-21 Common Stock S 6652 $74.080 Disposed 151455 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-02-21 Employee Stock Option - Right to Buy $39.7 M 63361 Disposed 2024-03-01 Common Stock (63361) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 26437 Indirect
Common Stock 5466.931 Indirect

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.87 to $73.84, inclusive. The Reporting Person undertakes to provide to Textron Inc., any security holder of Textron Inc. or the staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares sold at each separate price within the range set forth above.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.915 to $74.51, inclusive. The Reporting Person undertakes to provide to Textron Inc., any security holder of Textron Inc. or the staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares sold at each separate price within the range set forth above.

F4: The option vested in three (3) equal annual installments, beginning on March 1, 2014.

F5: Issued pursuant to the Textron Inc. 2007 Long-Term Incentive Plan.