{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-101558","form_type":"8-K","ticker":"TXT","cik":"0000217346","company_name":"TEXTRON INC","filed_at":"2025-10-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.616318+00:00","generated_at":"2026-05-17T02:52:09.098195+00:00","sec_items":["5.02","5.03","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Textron appoints Lisa Atherton as President and CEO effective Jan 4, 2026; Scott Donnelly becomes Executive Chairman","bullets":["Lisa Atherton, current Bell segment CEO, promoted to Textron President and CEO and joins Board effective Jan 4, 2026.","Scott Donnelly becomes Executive Chairman, with base salary $1.485M and target annual incentive of 170% of base salary.","Atherton's new compensation: base salary $1.3M, target annual incentive 150% of base, and 2026 LTI target value of $10M.","Board amended by-laws to accommodate an Executive Chairman role distinct from the CEO.","Atherton has been with Textron since 2007, led Bell since April 2023, and serves on Southwest Airlines board."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-101558","json":"https://secwatch.observer/filing/0001104659-25-101558.json","markdown":"https://secwatch.observer/filing/0001104659-25-101558.md","text":"https://secwatch.observer/filing/0001104659-25-101558.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/217346/000110465925101558/0001104659-25-101558-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/217346/000110465925101558/tm2529295d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:52:09.098195+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6744b77ab48ab1eefe337fc882353b2b9b42b38b","claim":"TEXTRON INC: Amendment to by-laws to accommodate Executive Chairman role distinct from CEO (effective 2025-10-22).","evidence_excerpt":"On October 22, 2025, the Board approved an amendment to the Company’s amended and restated by-laws (the “Amendment”) of the Company, to be effective immediately.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/217346/000110465925101558/0001104659-25-101558-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2025-10-22"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}