Form 4: Textron Director Kathleen M. Bader Sells 11,870 Shares
SEC Form 4
Director Kathleen M. Bader sold 11,870 shares of Textron Inc. common stock at an average price of $87.9099 on May 16, 2024.
Summary
- On May 16, 2024, Kathleen M. Bader, a director of Textron Inc., sold 11,870 shares of common stock.
- The sale was executed at a weighted average price of $87.9099 per share.
- The prices for individual transactions ranged from $87.5701 to $88.00.
- Following the transaction, Bader directly owns 3,756 shares of Textron Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by a company director. It doesn't convey any strong positive or negative sentiment.
Industry Context
This transaction is a routine disclosure of stock trading activity by a company insider and doesn't necessarily indicate a broader trend within the aerospace and defense industry.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of transaction: Kathleen M. Bader sold 11,870 shares of Textron Inc. common stock. |
| 05/17/2024 | Date of signature: Jayne M. Donegan, Attorney-in-Fact, signed the Form 4 on behalf of Kathleen M. Bader. |
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