Michael M. Larsen - Mar 7, 2025 Form 4 Insider Report for ILLINOIS TOOL WORKS INC (ITW)

Role
SVP & CFO
Signature
/s/ Irene Song, Attorney-in-Fact for Michael M. Larsen
Stock symbol
ITW
Transactions as of
Mar 7, 2025
Transactions value $
-$5,268,793
Form type
4
Date filed
3/11/2025, 05:00 PM
Previous filing
Feb 18, 2025
Next filing
Apr 9, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ITW Common Stock Options Exercise $5.98M +41.5K +82.12% $144.21 92K Mar 7, 2025 Direct
transaction ITW Common Stock Sale -$3.06M -11.3K -12.3% $270.52 80.7K Mar 7, 2025 Direct F1
transaction ITW Common Stock Sale -$8.19M -30.2K -37.39% $271.53 50.5K Mar 7, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ITW Employee Stock Option Options Exercise $0 -41.5K -100% $0.00 0 Mar 7, 2025 Common Stock 41.5K $144.21 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed at multiple prices ranging from $270.04 to $270.89. 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.
F2 This transaction was executed at multiple prices ranging from $271.14 to $271.96. 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.
F3 Options vested in four (4) equal annual installments beginning one year from date of grant.