Illinois Tool Works (NYSE: ITW) director Scanlon files Form 3 showing no common stock holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ILLINOIS TOOL WORKS INC director Jennifer F. Scanlon filed an initial Form 3 reporting her beneficial ownership in the company. The filing shows that she reported 0 shares of Common Stock beneficially owned directly following the reporting date, and it does not list any purchase, sale, or option transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Scanlon Jennifer F.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct, null)
Footnotes (1)
Key Figures
Total shares following transaction: 0 shares
Buy transactions reported: 0 transactions
Sell transactions reported: 0 transactions
+1 more
4 metrics
Total shares following transaction
0 shares
Common Stock beneficially owned directly as of reporting date
Buy transactions reported
0 transactions
Form 3 transaction summary
Sell transactions reported
0 transactions
Form 3 transaction summary
Holding entries
1 entry
Non-transactional holding record on Form 3
Key Terms
Form 3, beneficial ownership, Common Stock, direct ownership
4 terms
Form 3 regulatory
"director Jennifer F. Scanlon filed an initial Form 3 reporting her beneficial ownership"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership regulatory
"filed an initial Form 3 reporting her beneficial ownership in the company"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Common Stock financial
"she reported 0 shares of Common Stock beneficially owned directly"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
direct ownership financial
"The Form 3 indicates direct ownership for the Common Stock line, but with 0 shares reported"
FAQ
What does Jennifer F. Scanlon’s Form 3 for ITW report?
The Form 3 reports Jennifer F. Scanlon’s initial beneficial ownership in Illinois Tool Works Inc., showing she holds 0 shares of Common Stock directly following the reporting date.
What type of security is disclosed in this ITW Form 3 filing?
The Form 3 discloses beneficial ownership information for Common Stock of Illinois Tool Works Inc. It indicates that, as reported, Jennifer F. Scanlon holds no shares of this security directly.
Does the ITW Form 3 for Jennifer F. Scanlon show any derivative securities?
No, the filing does not list any derivative securities such as options or warrants. The derivative section is empty, indicating no derivative positions are reported in this Form 3.
What is the ownership type reported in Jennifer F. Scanlon’s ITW Form 3?
The Form 3 indicates direct ownership for the Common Stock line, but with 0 shares reported. This means there are no directly held shares disclosed as beneficially owned at the reporting date.