Illinois Tool Works director Susan Crown acquires 62 shares

Her direct holdings were 59,420 shares after the transaction, including 21,545 deferred shares under the directors’ fee plan.

Available on EDGAR 11/10/2026 - 04:56 PM EST Accepted by SEC EDGAR 11/10/2026 - 04:56 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Illinois Tool Works Inc. (ITW) director Susan Crown acquired 62 shares of common stock on November 6, 2026, in lieu of a cash retainer under an election made pursuant to the issuer’s 2024 Long-Term Incentive Plan. The transaction was reported at $280.95 per share; no Rule 10b5-1 plan is reported. Her direct holdings after the transaction were 59,420 shares, including 21,545 shares of deferred stock granted under the ITW Directors’ Deferred Fee Plan as of November 6, 2026. Other indirect holdings are owned by trusts of which her children are beneficiaries and by her spouse; Crown disclaims beneficial ownership of those shares except to the extent of her pecuniary interest.

Insider Trade Summary

Grant/Award: 62 shares

Grant/Award 1 txn

Insider CROWN SUSAN

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1, F2	62	$280.95	$17K
Holding	Common Stock F3	--	--	--
Holding	Common Stock F4	--	--	--

Holdings After Transaction: Common Stock — 59,420 shares (Direct); Common Stock — 8,000 shares (Indirect, See ftn.)

Footnotes (4)

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 21,545 shares of deferred stock granted under the ITW Directors' Deferred Fee Plan as of November 6, 2026.
3. F3. Owned by trusts of which the Reporting Person's children are beneficiaries.
4. F4. Owned by the Reporting Person's spouse.

Key Figures

Common shares acquired: 62 shares Reported per-share amount: $280.95 per share Direct holdings after transaction: 59,420 shares +1 more

4 metrics

Common shares acquired 62 shares November 6, 2026; received in lieu of a cash retainer

Reported per-share amount $280.95 per share Common stock acquisition on November 6, 2026

Direct holdings after transaction 59,420 shares After the November 6, 2026 transaction

Deferred stock 21,545 shares Granted under the ITW Directors’ Deferred Fee Plan as of November 6, 2026

Key Terms

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

4 terms

cash retainer financial

"received in lieu of a cash retainer"

Long-Term Incentive Plan financial

"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

"shares of deferred stock granted"

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 shares did ITW director Susan Crown acquire?

Susan Crown acquired 62 shares of common stock on November 6, 2026, at a reported $280.95 per share. The shares were received in lieu of a cash retainer under an election pursuant to the 2024 Long-Term Incentive Plan. No Rule 10b5-1 plan is reported.

How many ITW shares did Susan Crown hold after the transaction?

Her direct holdings after the transaction were 59,420 shares, including 21,545 shares of deferred stock granted under the ITW Directors’ Deferred Fee Plan as of November 6, 2026.

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^*

CROWN SUSAN

(Last) (First) (Middle)

1500 NORTH LAKE SHORE DRIVE

(Street)

CHICAGO ILLINOIS 60610

(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		62(1)	A	$280.95	59,420(2)	D
Common Stock								4,000	I	See ftn.(3)
Common Stock								4,000	I	See ftn.(4)

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 21,545 shares of deferred stock granted under the ITW Directors' Deferred Fee Plan as of November 6, 2026.

3. Owned by trusts of which the Reporting Person's children are beneficiaries.

4. Owned by the Reporting Person's spouse.

Remarks:

The Reporting Person disclaims beneficial ownership of the shares described in Footnotes 3 and 4, except to the extent of the reporting person's pecuniary interest therein.

	/s/ Anna Oliveira, Attorney-in-Fact for Susan Crown	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)