Illinois Tool Works (NYSE: ITW) director receives 765-share stock grant

Rhea-AI Filing Summary

Illinois Tool Works director Darrell L. Ford reported a grant of 765 shares of common stock, valued at $254.76 per share. The shares were awarded under the company’s 2024 Long Term Incentive Plan as part of his annual stock grant. After this award, Ford directly holds 7,787 shares, including deferred stock under the ITW Directors' Deferred Fee Plan as of May 8, 2026. This Form 4 reflects a routine compensation-related acquisition rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ford Darrell L

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	765	$254.76	$195K

Holdings After Transaction: Common Stock — 7,787 shares (Direct, null)

Footnotes (1)

1. Represents shares of common stock acquired pursuant to the Issuer's 2024 Long Term Incentive Plan in connection with the annual stock grant. Includes 7,787 shares of deferred stock under the ITW Directors' Deferred Fee Plan as of May 8, 2026.

Key Figures

Stock grant size: 765 shares Grant price per share: $254.76 per share Shares held after transaction: 7,787 shares

3 metrics

Stock grant size 765 shares Common stock awarded to Darrell L. Ford on May 8, 2026

Grant price per share $254.76 per share Value used for the 765-share stock grant

Shares held after transaction 7,787 shares Total direct holdings after grant, including deferred stock as of May 8, 2026

Key Terms

2024 Long Term Incentive Plan, annual stock grant, Directors' Deferred Fee Plan

3 terms

2024 Long Term Incentive Plan financial

"acquired pursuant to the Issuer's 2024 Long Term Incentive Plan in connection with the annual stock grant"

annual stock grant financial

"acquired pursuant to the Issuer's 2024 Long Term Incentive Plan in connection with the annual stock grant"

Directors' Deferred Fee Plan financial

"Includes 7,787 shares of deferred stock under the ITW Directors' Deferred Fee Plan as of May 8, 2026"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ford Darrell L

(Last) (First) (Middle)

155 HARLEM AVE.

(Street)

GLENVIEW ILLINOIS 60025

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ILLINOIS TOOL WORKS INC [ ITW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/08/2026		A(1)		765	A	$254.76	7,787(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of common stock acquired pursuant to the Issuer's 2024 Long Term Incentive Plan in connection with the annual stock grant.

2. Includes 7,787 shares of deferred stock under the ITW Directors' Deferred Fee Plan as of May 8, 2026.

Remarks:

Exhibit 24. Power of Attorney

	/s/ Anna Oliveira, Attorney-in-Fact for Darrell L. Ford	05/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Illinois Tool Works (ITW) director Darrell L. Ford report?

Darrell L. Ford reported receiving 765 shares of Illinois Tool Works common stock as a grant. The award was made at $254.76 per share under the 2024 Long Term Incentive Plan in connection with his annual stock grant, not an open-market purchase.

Was the recent ITW Form 4 transaction a stock purchase by Darrell L. Ford?

The ITW Form 4 shows a stock grant to Darrell L. Ford, not a market purchase. He acquired 765 shares coded as an “A” transaction, meaning a grant, award, or other acquisition under Illinois Tool Works’ 2024 Long Term Incentive Plan.

How many Illinois Tool Works (ITW) shares does Darrell L. Ford hold after this grant?

After the grant, Darrell L. Ford holds 7,787 shares of Illinois Tool Works common stock. This total includes deferred stock credited under the ITW Directors' Deferred Fee Plan as of May 8, 2026, and reflects his direct ownership position following the award.

At what price was Darrell L. Ford’s Illinois Tool Works stock grant recorded?

The 765-share stock grant to Darrell L. Ford was recorded at $254.76 per share. This price represents the grant value used for the award under the 2024 Long Term Incentive Plan, rather than a price paid in an open-market transaction.

What plan governed the recent ITW stock grant to director Darrell L. Ford?

The stock grant was made under Illinois Tool Works’ 2024 Long Term Incentive Plan. Footnotes explain the 765 shares were acquired in connection with the annual stock grant, aligning with the company’s standard long-term equity compensation for directors.