EXECUTIVE COMPENSATION 42 / TEXTRON 2026 PROXY STATEMENT GRANTS OF PLAN-BASED AWARDS IN FISCAL 2025 The following table sets forth information on plan-based compensation awards granted to the NEOs during Textron’s 2025 fiscal year, other than Mr. Connor who did not receive any 2025 awards. Equity awards for the other NEOs were approved on January 21, 2025, and, with respect to Mr. Rosenberg, on October 23, 2024, for grant on March 1, 2025. Estimated Possible Payouts Under NonEquity Incentive Plan Awards(1) Estimated Future Payouts Under Equity Incentive Plan Awards(2) All Other Stock Awards: Number of Shares of Stock or Stock Units (#)(3) All Other Option Awards: Number of Securities Underlying Options (#)(4) Exercise or Base Price of Option Awards ($/sh)(5) Grant Date Fair Value of Stock and Option Awards(6) Name Grant Date Approval Date Grant Type Target ($) Maximum ($) Threshold (#) Target (#) Maximum (#) Scott C. Donnelly Annual IC 2,524,5005,049,000 3/1/2025 1/21/2025 PSUs 23,616 94,464 188,928 7,059,295 3/1/2025 1/21/2025 RSUs 47,232 3,529,647 3/1/20251/21/2025Stock Options 157,343 74.73 3,463,119 David M. Rosenberg Annual IC 850,0001,700,000 3/1/2025 1/21/2025 PSUs 3,485 13,940 27,880 1,041,736 3/1/2025 1/21/2025 RSUs 6,970 520,868 3/1/20251/21/2025Stock Options 23,219 74.73 511,050 E. Robert Lupone Annual IC 750,0001,500,000 3/1/2025 1/21/2025 PSUs 3,280 13,120 26,240 980,458 3/1/2025 1/21/2025 RSUs 6,560 490,229 3/1/20251/21/2025Stock Options 21,854 74.73 481,007 Julie G. Duffy Annual IC 600,0001,200,000 3/1/2025 1/21/2025 PSUs 2,296 9,184 18,368 686,320 3/1/2025 1/21/2025 RSUs 4,592 343,160 3/1/20251/21/2025Stock Options 15,298 74.73 336,709 (1) These amounts refer to awards of annual incentive compensation made under our Short-Term Incentive Plan. The performance metrics and methodology for calculating payments are described in the CD&A. (2) These amounts refer to the number of PSUs granted under the Textron Inc. 2024 Long-Term Incentive Plan. PSUs are performance share units which are earned based upon performance against pre-established metrics over a three-year performance period as described in the CD&A. PSUs are typically settled in cash based on the average closing price of our common stock for the first ten trading days of the fiscal year following vesting. Grants of PSUs in 2025 vest at the end of fiscal 2027. The “target” amount to be paid assumes 100% of PSUs granted are earned, and the “maximum” that can be paid per the plan design is 200% of the PSUs granted. (3) These amounts represent the number of RSUs granted in 2025 pursuant to the Textron Inc. 2024 Long-Term Incentive Plan. RSUs accrue dividend equivalents to be paid upon vesting and vest in full on the third anniversary of the grant date. (4) These amounts represent the number of stock options granted in 2025 pursuant to the Textron Inc. 2024 Long-Term Incentive Plan. Stock options vest ratably over three years, beginning on March 1, 2026, and annually thereafter. (5) Reflects the exercise price for the stock options granted on March 1, 2025 which is equal to the closing price of our common stock on the grant date. (6) Represents the grant date fair value of each equity award listed in the table as determined in accordance with generally accepted accounting principles.
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