Illinois Tool Works director acquires 125 shares

Illinois Tool Works Inc. director Ernest Scott Santi acquired 125 shares of common stock on November 6, 2026, received in lieu of a cash retainer pursuant to an election under the company's 2024 Long-Term Incentive Plan.

Available on EDGAR 11/10/2026 - 04:47 PM EST Accepted by SEC EDGAR 11/10/2026 - 04:47 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Illinois Tool Works Inc. director Ernest Scott Santi acquired 125 shares of common stock on November 6, 2026, received in lieu of a cash retainer pursuant to an election under the company's 2024 Long-Term Incentive Plan. The transaction was reported at $280.95 per share. His reported direct holdings after the transaction were 262,969 shares, including 7,106 shares of deferred stock under the ITW Directors' Deferred Fee Plan as of November 6, 2026.

Insider Trade Summary

Grant/Award: 124.58 shares

Grant/Award 1 txn

Insider SANTI ERNEST SCOTT

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1, F2	124.58	$280.95	$35K

Holdings After Transaction: Common Stock — 262,968.58 shares (Direct)

Footnotes (2)

1. F1. Represents shares of common stock received in lieu of a cash retainer pursuant to an election made under the Issuer's 2024 Long-Term Incentive Plan.
2. F2. Includes 7,106 shares of deferred stock under the ITW Directors' Deferred Fee Plan as of November 6, 2026.

Key Figures

Common shares acquired: 125 shares Reported transaction price: $280.95 per share Direct holdings after transaction: 262,969 shares +1 more

4 metrics

Common shares acquired 125 shares Award received on November 6, 2026

Reported transaction price $280.95 per share Common stock award on November 6, 2026

Direct holdings after transaction 262,969 shares As of November 6, 2026

Deferred stock 7,106 shares Included in holdings under the ITW Directors' Deferred Fee Plan as of November 6, 2026

Key Terms

Long-Term Incentive Plan, deferred stock, Directors' Deferred Fee Plan

3 terms

Long-Term Incentive Plan financial

"election under the Issuer's 2024 Long-Term Incentive Plan"

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

deferred stock financial

"7,106 shares of deferred stock"

Directors' Deferred Fee Plan financial

"under the ITW Directors' Deferred Fee Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many ITW shares did director Ernest Scott Santi acquire?

Ernest Scott Santi acquired 125 shares of common stock on November 6, 2026, reported at $280.95 per share. He received the shares in lieu of a cash retainer pursuant to an election under the 2024 Long-Term Incentive Plan; his reported direct holdings afterward were 262,969 shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

SANTI ERNEST SCOTT

(Last) (First) (Middle)

ILLINOIS TOOL WORKS INC.

155 HARLEM AVENUE

(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)
11/06/2026

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	11/06/2026		A		124.58(1)	A	$280.95	262,968.58(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 received in lieu of a cash retainer pursuant to an election made under the Issuer's 2024 Long-Term Incentive Plan.

2. Includes 7,106 shares of deferred stock under the ITW Directors' Deferred Fee Plan as of November 6, 2026.

Remarks:

	/s/ Anna Oliveira, Attorney-in-Fact for E. Scott Santi	11/10/2026
	** 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)