Donnelly (Executive Chairman) sold 219,619 shares at blended average $98.41; stock now at $100.25
Executive Chairman Scott C. Donnelly sold 219,619 shares across 3 separate transactions totaling $21,612,724.35, reducing holdings by 22.8% from 962,037 to 742,418 shares. The sales executed at a blended average price of $98.41, just 1.8% below the current price of $100.25. His prior two sells at TXT (February 2024) posted positive 90-day returns (+2.0% each), indicating his recent historical sales at this ticker have not preceded price declines. With the stock currently at its 52-week high and up 26.0% over 90 days, this large-scale reduction in stake merits monitoring, though the proximity of execution prices to current market levels suggests the transaction was not preceded by sharp price momentum shifts.