Ernest Scott Santi - Feb 20, 2025 Form 4 Insider Report for ILLINOIS TOOL WORKS INC (ITW)

Role
Director
Signature
/s/ Irene Song, Attorney-in-Fact for E. Scott Santi
Stock symbol
ITW
Transactions as of
Feb 20, 2025
Transactions value $
-$7,441,357
Form type
4
Date filed
2/24/2025, 04:34 PM
Previous filing
Feb 21, 2025
Next filing
Mar 4, 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 $12M +73.5K +28.23% $163.36 334K Feb 20, 2025 Direct F1
transaction ITW Common Stock Sale -$2.4M -9.09K -2.72% $263.60 325K Feb 20, 2025 Direct F2
transaction ITW Common Stock Sale -$12.8M -48.2K -14.85% $264.61 276K Feb 20, 2025 Direct F3
transaction ITW Common Stock Sale -$4.29M -16.2K -5.85% $265.44 260K Feb 20, 2025 Direct F4

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 -73.5K -100% $0.00 0 Feb 20, 2025 Common Stock 73.5K $163.36 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,415.591 shares of deferred stock under the ITW Directors' Deferred Fee Plan as of February 20, 2025.
F2 This transaction was executed at multiple prices ranging from $263.005 to $264.00. 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 This transaction was executed at multiple prices ranging from $264.005 to $264.990. 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.
F4 This transaction was executed at multiple prices ranging from $265.005 to $265.83. 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.
F5 Options vested in four (4) equal annual installments beginning one year from date of grant.