Director Susan Crown adds ITW shares via fee grant (NYSE: ITW)
Rhea-AI Filing Summary
Illinois Tool Works Inc. director Susan Crown received 61 shares of common stock on February 6, 2026 under the company’s 2024 Long-Term Incentive Plan as quarterly director fees at a price of $293.57 per share. After this grant, she directly holds 58,081 shares, including 20,393 deferred stock units under the ITW Directors' Deferred Fee Plan as of that date. In addition, 4,000 shares are held by trusts for her children and 4,000 shares are held by her spouse, for which she notes a pecuniary interest but disclaims full ownership.
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FAQ
What insider transaction did ITW director Susan Crown report on February 6, 2026?
Susan Crown reported receiving 61 shares of Illinois Tool Works common stock on February 6, 2026. The shares were granted under the 2024 Long-Term Incentive Plan as payment of quarterly director fees at a price of $293.57 per share.
How many Illinois Tool Works (ITW) shares does Susan Crown hold directly after this Form 4?
After the reported grant, Susan Crown directly holds 58,081 shares of Illinois Tool Works common stock. This total includes 20,393 deferred stock units credited under the ITW Directors' Deferred Fee Plan as of February 6, 2026.
What is the nature of the 61 ITW shares granted to Susan Crown?
The 61 shares granted to Susan Crown are common stock awarded as quarterly director fees under Illinois Tool Works’ 2024 Long-Term Incentive Plan. They represent non-cash compensation for board service rather than an open-market purchase or sale.
What indirect Illinois Tool Works holdings are associated with Susan Crown on this Form 4?
The filing lists 4,000 ITW shares held by trusts for her children and 4,000 ITW shares held by her spouse. These are reported as indirect ownership, and she disclaims ownership except to the extent of any pecuniary interest.
How many deferred Illinois Tool Works shares does Susan Crown have under the Directors' Deferred Fee Plan?
Susan Crown’s direct holdings include 20,393 shares of deferred stock under the ITW Directors' Deferred Fee Plan as of February 6, 2026. These deferred shares are part of her total reported direct ownership of 58,081 shares.
What role does Susan Crown have at Illinois Tool Works (ITW) according to this filing?
According to the Form 4, Susan Crown serves as a director of Illinois Tool Works Inc.. The reported stock grant of 61 shares reflects quarterly director fees paid in common stock under the company’s 2024 Long-Term Incentive Plan.