STOCK TITAN

Illinois Tool Works (NYSE: ITW) accounting officer sells 277 shares

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Form Type
4

Rhea-AI Filing Summary

Illinois Tool Works executive Matteo C. Pigozzo, VP & Chief Accounting Officer, reported selling 277 shares of ITW common stock on August 13, 2026 at $289.22 per share in an open-market or private transaction. After this sale, he holds 3,393.517 shares directly and 1,103 shares indirectly through his ITW 401(k) Savings and Investment Plan as of the same date. The transactions were not reported as made under a Rule 10b5-1 trading plan.

Positive

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Negative

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Insider Pigozzo Matteo C.
Role VP & Chief Accounting Officer
Sold 277 shs ($80K)
Type Security Shares Price Value
Sale Common Stock 277 $289.22 $80K
holding Common Stock F1 -- -- --
Holdings After Transaction: Common Stock — 3,393.517 shares (Direct); Common Stock — 1,103 shares (Indirect, See Footnote)
Footnotes (1)
  1. F1. Shares of common stock held through the Reporting Person's ITW 401(k) Savings and Investment Plan, as of August 13, 2026.
Shares sold 277 shares Sale of ITW common stock on August 13, 2026
Sale price per share $289.22 Price per ITW share for the 277-share sale on August 13, 2026
Direct holdings after transaction 3,393.517 shares Direct ITW common stock owned by Matteo C. Pigozzo after the sale
Indirect holdings (401(k)) 1,103 shares ITW common stock held through the ITW 401(k) Savings and Investment Plan as of August 13, 2026
Net shares sold 277 shares Net sell direction across reported transactions in this Form 4
ITW 401(k) Savings and Investment Plan financial
"Shares of common stock held through the Reporting Person's ITW 401(k) Savings"
indirect financial
"total_shares_following_transaction 1103.0000, direct_or_indirect I, nature_of_ownership"
Rule 10b5-1 regulatory
"aff_10b5_one false is the document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

What insider transaction did ITW executive Matteo C. Pigozzo report on this Form 4 for ITW?

Matteo C. Pigozzo reported a sale of 277 ITW common shares on August 13, 2026 at $289.22 per share. The filing also lists his updated direct and indirect share holdings following this transaction.

How many Illinois Tool Works (ITW) shares did Matteo C. Pigozzo sell and at what price?

He sold 277 shares of ITW common stock at a price of $289.22 per share. This transaction is coded as a sale in an open-market or private transaction, reducing his directly held share position.

What are Matteo C. Pigozzo’s direct ITW share holdings after this reported sale?

Following the sale, Matteo C. Pigozzo directly holds 3,393.517 ITW common shares. This figure reflects his post-transaction ownership reported in the Form 4 for the non-derivative common stock position.

Does Matteo C. Pigozzo hold any indirect Illinois Tool Works (ITW) shares after this Form 4?

Yes. He holds 1,103 ITW common shares indirectly through his ITW 401(k) Savings and Investment Plan as of August 13, 2026, according to the ownership footnote in the filing.

Was Matteo C. Pigozzo’s ITW stock sale made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not checked, so the reported sale of 277 ITW shares was not affirmed as executed under a pre-arranged 10b5-1 trading plan.

What is Matteo C. Pigozzo’s role at Illinois Tool Works (ITW) mentioned in this Form 4?

He is identified as ITW’s Vice President & Chief Accounting Officer. The Form 4 confirms his status as an officer of Illinois Tool Works and reports his personal and 401(k) shareholdings.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Pigozzo Matteo C.

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP & Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/13/2026S277D$289.223,393.517D
Common Stock1,103ISee Footnote(1)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares of common stock held through the Reporting Person's ITW 401(k) Savings and Investment Plan, as of August 13, 2026.
Remarks:
/s/ Anna Oliveira, Attorney-in-Fact for Matteo C. Pigozzo08/17/2026
** Signature of Reporting PersonDate
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)