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This document is a Current Report (Form 8-K) filed by Textron Inc. with the SEC, reporting on significant events affecting the company. The report details the strategic reassessment of Textron\'s Powersports product line due to soft consumer demand, the pausing of production, and associated financial impacts including increased restructuring charges and inventory valuation adjustments.
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How to fill out form 8-k

01
Obtain the appropriate Form 8-K from the SEC's website or your company's regulatory compliance department.
02
Fill in the company name and SEC file number at the top of the form.
03
Specify the date of the event that triggered the filing.
04
Choose the appropriate item number that corresponds to the type of event being reported (e.g., Item 1.01 for entry into a material definitive agreement).
05
Provide a detailed description of the event, including any relevant dates and financial information.
06
If applicable, include any additional exhibits or related documents.
07
Make sure to sign the form and include the name and title of the person completing the filing.
08
Submit the filled Form 8-K electronically through the EDGAR system.

Who needs form 8-k?

01
Publicly traded companies must file Form 8-K to disclose certain significant events that could affect shareholders or impact the company’s financial position.
02
Investors and analysts also rely on Form 8-K filings to stay informed about important developments regarding a company's operations.
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Form 8-K is a report that public companies must file with the SEC to disclose major events that shareholders should know about. It serves as a current report to provide timely information.
Public companies that are registered with the SEC are required to file Form 8-K whenever they experience significant corporate events.
Form 8-K can be filled out electronically using the EDGAR system, by entering the required information about the event, selecting the appropriate items related to the event, and then submitting it for filing.
The purpose of Form 8-K is to inform investors and the public about material events that could affect a company's financial condition or operations.
Companies must report information including but not limited to changes in control, bankruptcy, resignations, changes in accountants, mergers, and other significant events.
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