Form 4 for ITW Illinois Tool Works
Accepted 2024-02-08 00:00:00 ET · period of report 2024-02-06 · accession 0001307581-24-000005 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-02-08 | 2024-02-06 | ITW | SANTI ERNEST SCOTT | COB, Dir | S - Sale+OE | $254.44 | -50.0K | 262.8K | -16% | -$12.72M |
| D | 2024-02-08 | 2024-02-06 | ITW | SANTI ERNEST SCOTT | COB, Dir | M - OptEx | $128.00 | +50.0K | 271.0K | +23% | +$6.40M |
| D | 2024-02-08 | 2024-02-06 | ITW | SANTI ERNEST SCOTT | COB, Dir | M - OptEx | $0.00 | -50.0K | 95.7K | -34% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-02-06 | S | D | 544 | $255.66 | 221,015 | D | — | — | (F4) This transaction was executed at multiple prices ranging from $255.65 to $255.67. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. |
| 2 | Common | Common Stock | 2024-02-06 | S | D | 26,739 | $254.85 | 221,559 | D | — | — | (F3) This transaction was executed at multiple prices ranging from $254.60 to $255.59. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. |
| 3 | Common | Common Stock | 2024-02-06 | S | D | 14,526 | $254.38 | 248,298 | D | — | — | (F2) This transaction was executed at multiple prices ranging from $253.60 to $254.59. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. |
| 4 | Common | Common Stock | 2024-02-06 | S | D | 8,191 | $253.12 | 262,824 | D | — | — | (F1) This transaction was executed at multiple prices ranging from $252.60 to $253.54. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. |
| 5 | Common | Common Stock | 2024-02-06 | M | A | 50,000 | $128.00 | 271,015 | D | — | — | |
| 6 | Derivative | Employee Stock Option | 2024-02-06 | M | D | 50,000 | $0.00 | 95,676 | D | $128.00 · 2018-02-10 to 2027-02-10 | 50,000 Common Stock | (F6) Options vested in four (4) equal annual installments beginning one year from date of grant. |