Live News • May 07
NetJets Adds First Cessna Citation Ascend Jets to Fleet as Textron Targets Midsize Market Textron Aviation delivered the first three Cessna Citation Ascend midsize business jets to fleet launch customer NetJets.
NetJets becomes the first private fleet operator to place the Citation Ascend into service.
The Citation Ascend introduces updated technology and cabin comfort features aimed at performance, comfort and operational efficiency in the midsize jet segment.
For Textron, getting the Citation Ascend into the hands of NetJets marks a practical step in validating a new aircraft in real-world fleet operations. NetJets controls what is described as the largest and most diverse private jet fleet, so placing the Ascend there positions the aircraft in front of a wide base of high-usage, fractional and charter customers who can influence demand across the business aviation market.
Investors may want to watch how NetJets ramps the aircraft into its fleet and how customers respond to the new technology and comfort features. Since the Ascend targets the midsize business jet market, any follow-on orders or broader adoption could be an indicator of how this product fits within Textron Aviation’s portfolio and the competitive field for midsize corporate jets. Announcement • May 03
Textron Inc. Announces Its Intent to Separate Its Industrial Segment from Core Aerospace and Defense Businesses Textron Inc. announced its intent to separate its Industrial segment from the Company’s core aerospace and defense businesses to enhance its strategic and operational focus and drive long-term value for stakeholders. Textron intends to explore multiple paths to effect the planned separation of its Industrial segment, including but not limited to a sale of the Industrial businesses or a tax-free separation into a standalone, publicly traded company. The separation results in New Textron becoming a pure-play aerospace and defense company aligned to its core franchises of Textron Aviation, Bell, and Textron Systems. New Textron and Industrial operate in distinct markets with unique business opportunities and investment requirements. As separate companies, each is expected to benefit from: Enhanced agility and focus to better position for long-term success; Ability to tailor capital allocation strategies aligned with each company’s growth profile, product development activities, and larger industry dynamics; Increased strategic flexibility to pursue organic and inorganic growth opportunities; Compelling investment profiles appealing to different investor bases; and Distinct management teams comprised of experienced industry leaders with relevant expertise and track records of value creation. Following the planned separation, New Textron, with over $12 billion in expected 2026 revenues and $19 billion in backlog, will be a premier pure-play aerospace and defense company with world-class engineering capabilities, a long track record of innovation, and proven manufacturing and support operations. The Company will be anchored by its core franchises: in general aviation under the Cessna and Beechcraft brands and in military and commercial rotorcraft under the Bell brand, in addition to Textron Systems’ differentiated suite of aerospace and defense products and services. New Textron expects a successful separation to increase its revenue growth profile and operating margins. The Company remains committed to maintaining a strong balance sheet and consistent capital allocation priorities, including investments in research and development and capital expenditures. Industrial, with over $3 billion in expected 2026 revenues, is composed of Kautex – a leader in plastic fuel systems, battery enclosures, and clear-vision systems for the automotive industry – and Textron Specialized Vehicles, a manufacturer of specialized vehicles and equipment with globally recognized brands such as E-Z-GO, PACE Technologies, Jacobsen, and TUG Technologies. The Company is targeting completion of the separation within 12 to 18 months, subject to the satisfaction of certain conditions customary for such a proposed separation, including receipt of any required regulatory approvals and final approval of the Company’s Board of Directors. There can be no assurance regarding the ultimate timing or structure of the proposed separation or that a transaction will be completed. As the Company pursues this separation, Textron will continue to operate its Industrial businesses in alignment with its current strategy, including continued investments in growth, margin improvement, and innovation. Reported Earnings • May 01
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: EPS: US$1.25 (up from US$1.14 in 1Q 2025). Revenue: US$3.70b (up 12% from 1Q 2025). Net income: US$220.0m (up 6.3% from 1Q 2025). Profit margin: 6.0% (down from 6.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 30
Textron Inc. announces Quarterly dividend, payable on July 01, 2026 Textron Inc. announced Quarterly dividend of USD 0.0200 per share payable on July 01, 2026, ex-date on June 12, 2026 and record date on June 12, 2026. Announcement • Mar 30
Textron Inc. to Report Q1, 2026 Results on Apr 30, 2026 Textron Inc. announced that they will report Q1, 2026 results Pre-Market on Apr 30, 2026 Announcement • Mar 07
Textron Inc., Annual General Meeting, Apr 29, 2026 Textron Inc., Annual General Meeting, Apr 29, 2026. Declared Dividend • Feb 27
Fourth quarter dividend of US$0.02 announced Dividend of US$0.02 is the same as last year. Ex-date: 13th March 2026 Payment date: 1st April 2026 Dividend yield will be 0.08%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 2%. Cash payout ratio: 1%. Announcement • Feb 25
Textron Inc. Declares Quarterly Dividend, Payable on April 1, 2026 Textron Inc. declared a quarterly dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on April 1, 2026 to holders of record at the close of business on March 13, 2026. Recent Insider Transactions • Feb 22
Insider recently sold US$1.1m worth of stock On the 17th of February, Mark Bamford sold around 12k shares on-market at roughly US$98.11 per share. This transaction amounted to 59% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Recent Insider Transactions Derivative • Feb 15
Executive Chairman notifies of intention to sell stock Scott Donnelly intends to sell 220k shares in the next 90 days after lodging an Intent To Sell Form on the 13th of February. If the sale is conducted around the recent share price of US$99.36, it would amount to US$22m. Since March 2025, Scott has owned 580.43k shares directly. Company insiders have collectively sold US$1.2m more than they bought, via options and on-market transactions in the last 12 months. Announcement • Feb 02
Textron Inc. Elects Cristina Méndez to Board of Directors, Audit Committee and Nominating and Corporate Governance Committee, Effective February 15, 2026 Textron Inc. announced that Cristina Méndez has been elected to the company's Board of Directors, effective February 15, 2026. Méndez is Executive Vice President and Chief Financial Officer of Otis Worldwide Corporation, the world’s leading elevator and escalator manufacturing, installation and service company, with $14 billion in net sales in 2024 and customers in over 200 countries. Prior to her role as CFO of Otis, to which she was appointed in 2024, Ms. Méndez served as Senior Vice President, Finance & Transformation for Otis’ EMEA (Europe, the Middle East and Africa) region, which is comprised of more than 40 countries, a role she began in 2022. At Otis, Méndez oversees a wide range of functions, including Investor Relations, Financial Planning and Analysis, Internal Audit, Tax, Treasury and Corporate Real Estate. Before joining Otis, she served as a senior finance executive in the global telecommunications industry for over 15 years, most recently from 2017 to 2022 as Senior Vice President, Director FPA of Telefónica Deutschland, a publicly listed subsidiary of Telefónica Group, one of the world’s largest telecommunications companies, where she oversaw financial operations and strategic initiatives. From 2007 to 2017, she held various senior finance roles at Telefónica Group, with a focus on strategic and financial planning across the international operating business. Méndez holds a degree in Telecommunications Engineering from the Bilbao School of Engineering, UPV/EHU, in Spain. Ms. Mendez will serve on the Board’s Audit Committee and Nominating and Corporate Governance Committee. Textron’s Board has determined that Ms. Méndez is independent under the New York Stock Exchange’s listing standards, and qualifies as an “audit committee financial expert” as defined by Securities and Exchange Commission rules. Reported Earnings • Jan 29
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: US$5.12 (up from US$4.38 in FY 2024). Revenue: US$14.8b (up 8.0% from FY 2024). Net income: US$923.0m (up 12% from FY 2024). Profit margin: 6.2% (up from 6.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.0%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 5% per year. Announcement • Jan 28
Textron Inc. Provides Earnings Guidance for the Year 2026 Textron Inc. provided earnings guidance for the year 2026. For the year, company expected revenues of approximately $15.5 billion, up from $14.8 billion in 2025. Textron expects full-year 2026 GAAP earnings per share from continuing operations will be in the range of $5.39 to $5.59. Announcement • Jan 07
Textron Inc. to Report Q4, 2025 Results on Jan 28, 2026 Textron Inc. announced that they will report Q4, 2025 results Pre-Market on Jan 28, 2026 Announcement • Nov 25
Textron Inc. Announces Executive Changes Textron Inc. announced Rob Scholl, has been named chief commercial officer of Bell to replace Danny Maldonado who, as previously announced, was appointed as Bell’s president and CEO, effective January 4, 2026. In joining Bell as chief commercial officer, Scholl brings more than 19 years of experience across Textron businesses. Since 2023, he has led Textron Specialized Vehicles and, prior to this role, built Textron eAviation as a business segment as president and CEO. At Textron Aviation, Scholl held a series of senior sales and marketing roles, including senior vice president, Global Sales & Flight Operations; vice president, Parts & Programs; and vice president, Marketing. Announcement • Oct 29
Textron Inc. Names Danny Maldonado as President & CEO of the Bell Segment, Effective January 4, 2026 Textron Inc. announced that Danny Maldonado has been named president & CEO of the Bell segment, effective January 4, 2026. Maldonado, currently Bell’s chief commercial officer (CCO), will succeed Lisa Atherton, who was recently appointed as president & CEO of Textron Inc., effective January 4, 2026. As CCO, Maldonado is responsible for Bell’s global commercial aircraft sales, aftermarket solutions, the Bell Training Academy and new product development. Prior to his role as CCO, Maldonado led Textron Financial Corp. as president & CEO for nine years and, prior to that, served as Bell’s executive vice president of sales and marketing. He joined Textron in 1990 and has held leadership roles encompassing sales, business development, customer support and finance at Textron. Announcement • Oct 22
Textron Declares Quarterly Dividend, Payable on January 1, 2026 The Board of Directors of Textron Inc. declared a quarterly dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on January 1, 2026 to holders of record at the close of business on December 12, 2025. Announcement • Oct 19
Textron Inc. announces Realignment of eAviation Segment into Existing Reporting Segments On October 16, 2025, Textron Inc.’s management approved a plan to eliminate Textron eAviation as a separate reporting segment by realigning Textron eAviation’s business activities within other Textron reporting segments, effective January 4, 2026, the beginning of Textron’s 2026 fiscal year. Under this realignment, a significant part of Textron eAviation, including Pipistrel, will become part of the Textron Aviation reporting segment to enable the business to more effectively leverage the development, manufacturing and sales expertise at Textron Aviation. Further, Textron eAviation’s manned and unmanned products for military applications and related research and development activities will be included in the results of the Textron Systems reporting segment, which is best suited to provide more direct access to the targeted customer base for these products. Finally, certain Textron eAviation research and development activities encompassing digital flight control and air vehicle management systems, which expect will benefit several of segments, will be reported within Corporate expenses. Textron Inc.’s ongoing reporting segments will be Textron Aviation, Bell, Industrial, Textron Systems and Finance. Textron Inc. will begin to report under the new segment reporting structure with the filing of its Quarterly Report on Form 10-Q for the first quarter of 2026. Prior year segment data will be recast to reflect the new presentation after the first quarter Form 10-Q is filed. As part of Fourth Quarter 2025 Earnings Call Presentation will provide certain 2025 recast information. Announcement • Sep 24
Textron Inc. to Report Q3, 2025 Results on Oct 23, 2025 Textron Inc. announced that they will report Q3, 2025 results Pre-Market on Oct 23, 2025 Upcoming Dividend • Sep 05
Upcoming dividend of US$0.02 per share Eligible shareholders must have bought the stock before 12 September 2025. Payment date: 01 October 2025. Payout ratio is a comfortable 1.8% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (1.2%). Declared Dividend • Aug 03
Second quarter dividend of US$0.02 announced Dividend of US$0.02 is the same as last year. Ex-date: 12th September 2025 Payment date: 1st October 2025 Dividend yield will be 0.1%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 2%. Cash payout ratio: 3%. Announcement • Jul 31
Textron Inc. Declares Quarterly Dividend, Payable on October 1, 2025 The Board of Directors of Textron Inc. declared a quarterly dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on October 1, 2025 to holders of record at the close of business on September 12, 2025. Recent Insider Transactions Derivative • Jul 27
Insider notifies of intention to sell stock Julie Duffy intends to sell 29k shares in the next 90 days after lodging an Intent To Sell Form on the 25th of July. If the sale is conducted around the recent share price of US$79.37, it would amount to US$2.3m. Since March 2025, Julie has owned 37.66k shares directly. There has only been one transaction (US$117k sale) from insiders over the last 12 months. Reported Earnings • Jul 25
Second quarter 2025 earnings: EPS and revenues exceed analyst expectations Second quarter 2025 results: EPS: US$1.35 (down from US$1.37 in 2Q 2024). Revenue: US$3.72b (up 5.4% from 2Q 2024). Net income: US$245.0m (down 5.8% from 2Q 2024). Profit margin: 6.6% (down from 7.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 8.7%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 7% per year. Announcement • Jul 24
Textron Inc. Reiterates Earnings Guidance for the Year 2025 Textron Inc. reiterated earnings guidance for the year 2025. The company expected Income from continuing operations - GAAP to be $955 million to $990 million, Diluted EPS to be $5.19 to $5.39. Announcement • Jun 24
Textron Inc. to Report Q2, 2025 Results on Jul 24, 2025 Textron Inc. announced that they will report Q2, 2025 results on Jul 24, 2025 Upcoming Dividend • Jun 06
Upcoming dividend of US$0.02 per share Eligible shareholders must have bought the stock before 13 June 2025. Payment date: 01 July 2025. Payout ratio is a comfortable 1.8% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (1.4%). Declared Dividend • Apr 25
First quarter dividend of US$0.02 announced Dividend of US$0.02 is the same as last year. Ex-date: 13th June 2025 Payment date: 1st July 2025 Dividend yield will be 0.1%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 1%. Cash payout ratio: 3%. Announcement • Apr 24
Textron Inc. Reiterats Earnings Guidance for the Year 2025 Textron Inc. reiterated earnings guidance for the year 2025. For the period, the company expects GAAP earnings per share from continuing operations to be in the range of $5.19 to $5.39, or $6.00 to $6.20 on an adjusted basis, which is reconciled to GAAP in an attachment to this release. Announcement • Apr 23
Textron Declares Quarterly Dividend, Payable on July 1, 2025 The Board of Directors of Textron Inc. has declared a quarterly dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on July 1, 2025 to holders of record at the close of business on June 13, 2025. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$60.72, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 21x in the Aerospace & Defense industry in the US. Total loss to shareholders of 11% over the past three years. Announcement • Mar 24
Textron Inc. to Report Q1, 2025 Results on Apr 24, 2025 Textron Inc. announced that they will report Q1, 2025 results on Apr 24, 2025 Announcement • Mar 05
Textron Inc., Annual General Meeting, Apr 23, 2025 Textron Inc., Annual General Meeting, Apr 23, 2025. Declared Dividend • Mar 02
Fourth quarter dividend of US$0.02 announced Dividend of US$0.02 is the same as last year. Ex-date: 14th March 2025 Payment date: 1st April 2025 Dividend yield will be 0.1%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 2%. Cash payout ratio: 2%. Announcement • Mar 01
Textron Inc. Appoints Rob Mionis to Its Board of Directors, Audit Committee and Organization and Compensation Committee, Effective March 1, 2025 Textron Inc. announced that Rob Mionis has been elected to the company's Board of Directors, effective March 1, 2025. Mionis is the President and Chief Executive Officer of Celestica Inc. Mionis has served as Celestica’s CEO since 2015. Prior to his role at Celestica, Mionis was an Operating Partner/Senior Advisor in private equity at Pamplona Capital Management from 2013 to 2015 where he generated deal flow within the industrial/aerospace market and supported several companies across a range of industries, including industrial, aerospace, healthcare and automotive. From 2006 to 2013, he served as President and Chief Executive Officer of StandardAero. He previously held senior leadership roles at Honeywell, culminating in his position as the Vice President Integrated Supply Chain for Honeywell Aerospace. Mionis began his career at General Electric and holds a Bachelor of Science degree in electrical engineering from the University of Massachusetts Amherst. Mr. Mionis will serve on the Board’s Audit Committee and Organization and Compensation Committee. Announcement • Feb 27
Textron Inc. Declares Quarterly Dividend, Payable on April 1, 2025 The Board of Directors of Textron Inc. declared a quarterly dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on April 1, 2025 to holders of record at the close of business on March 14, 2025. Reported Earnings • Jan 23
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: US$4.34 (down from US$4.62 in FY 2023). Revenue: US$13.7b (flat on FY 2023). Net income: US$825.0m (down 11% from FY 2023). Profit margin: 6.0% (down from 6.7% in FY 2023). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 6.3%. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Jan 22
Textron Inc. Provides Earnings Guidance for the Year 2025 Textron Inc. provided earnings guidance for the year 2025. The company is forecasting 2025 revenues of approximately $14.7 billion, up from $13.7 billion in 2024. Textron expects full-year 2025 GAAP earnings per share from continuing operations will be in the range of $5.19 to $5.39. Income from continuing operations - GAAP of $955 million to $990 million. Announcement • Dec 20
Textron Inc. to Report Q4, 2024 Results on Jan 22, 2025 Textron Inc. announced that they will report Q4, 2024 results on Jan 22, 2025 Upcoming Dividend • Dec 06
Upcoming dividend of US$0.02 per share Eligible shareholders must have bought the stock before 13 December 2024. Payment date: 01 January 2025. Payout ratio is a comfortable 1.7% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (1.5%). Major Estimate Revision • Nov 01
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$14.3b to US$13.9b. EPS estimate also fell from US$5.26 per share to US$4.67 per share. Net income forecast to grow 19% next year vs 21% growth forecast for Aerospace & Defense industry in the US. Consensus price target down from US$102 to US$99.27. Share price fell 2.3% to US$80.42 over the past week. Declared Dividend • Oct 27
Third quarter dividend of US$0.02 announced Dividend of US$0.02 is the same as last year. Ex-date: 13th December 2024 Payment date: 1st January 2025 Dividend yield will be 0.1%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 2%. Cash payout ratio: 2%. Announcement • Oct 25
Textron Inc. Declares Quarterly Dividend, Payable on January 1, 2025 The Board of Directors of Textron Inc. declared a quarterly dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on January 1, 2025 to holders of record at the close of business on December 13, 2024. Reported Earnings • Oct 25
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: US$1.18 (down from US$1.36 in 3Q 2023). Revenue: US$3.43b (up 2.5% from 3Q 2023). Net income: US$223.0m (down 17% from 3Q 2023). Profit margin: 6.5% (down from 8.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 5.9%. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Sep 26
Textron Inc. to Report Q3, 2024 Results on Oct 24, 2024 Textron Inc. announced that they will report Q3, 2024 results on Oct 24, 2024 Upcoming Dividend • Sep 06
Upcoming dividend of US$0.02 per share Eligible shareholders must have bought the stock before 13 September 2024. Payment date: 01 October 2024. Payout ratio is a comfortable 1.7% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (1.5%). Declared Dividend • Aug 01
Second quarter dividend of US$0.02 announced Dividend of US$0.02 is the same as last year. Ex-date: 13th September 2024 Payment date: 1st October 2024 Dividend yield will be 0.09%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 2%. Cash payout ratio: 2%. Announcement • Jul 30
Textron Inc. Declares Quarterly Dividend, Payable on October 1, 2024 The Board of Directors of Textron Inc. declared a quarterly dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on October 1, 2024 to holders of record at the close of business on September 13, 2024. Reported Earnings • Jul 19
Second quarter 2024 earnings: EPS exceeds analyst expectations Second quarter 2024 results: EPS: US$1.36. Revenue: US$3.53b (up 3.0% from 2Q 2023). Net income: US$260.0m (down 1.1% from 2Q 2023). Profit margin: 7.4% (down from 7.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.8%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Aerospace & Defense industry in the US. Announcement • Jun 27
Textron Inc. to Report Q2, 2024 Results on Jul 18, 2024 Textron Inc. announced that they will report Q2, 2024 results on Jul 18, 2024 Upcoming Dividend • Jun 07
Upcoming dividend of US$0.02 per share Eligible shareholders must have bought the stock before 14 June 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 1.7% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (1.6%). Recent Insider Transactions • May 19
Independent Director recently sold US$1.0m worth of stock On the 16th of May, Kathleen Bader sold around 12k shares on-market at roughly US$87.91 per share. This transaction amounted to 76% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$2.1m more than they bought in the last 12 months. Recent Insider Transactions Derivative • May 17
Independent Director notifies of intention to sell stock Kathleen Bader intends to sell 9k shares in the next 90 days after lodging an Intent To Sell Form on the 15th of May. If the sale is conducted around the recent share price of US$88.18, it would amount to US$825k. Kathleen currently holds less than 1% of total shares outstanding. Company insiders have collectively sold US$32m more than they bought, via options and on-market transactions in the last 12 months.