Illinois Tool Works (NYSE: ITW) director granted 765 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IRICK JAIME A reported acquisition or exercise transactions in this Form 4 filing.
Illinois Tool Works director Jaime A. Irick received an annual stock award of 765 shares of Common Stock on May 8, 2026 under the company’s 2024 Long Term Incentive Plan. The award was valued at $254.76 per share and increased Irick’s direct holdings to 2,286 shares. This was a compensation-related grant, not an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
IRICK JAIME A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 765 | $254.76 | $195K |
Holdings After Transaction:
Common Stock — 2,286 shares (Direct, null)
Footnotes (1)
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Key Figures
Stock award size: 765 shares
Grant price per share: $254.76 per share
Holdings after transaction: 2,286 shares
3 metrics
Stock award size
765 shares
Annual stock grant to director Jaime A. Irick
Grant price per share
$254.76 per share
Value used for the May 8, 2026 award
Holdings after transaction
2,286 shares
Irick’s direct Illinois Tool Works Common Stock holdings
Key Terms
Long Term Incentive Plan, annual stock grant, Common Stock
3 terms
Long Term Incentive Plan financial
"acquired pursuant to the Issuer's 2024 Long Term Incentive Plan in connection with the annual stock grant"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
annual stock grant financial
"acquired pursuant to the Issuer's 2024 Long Term Incentive Plan in connection with the annual stock grant"
Common Stock financial
"Represents shares of common stock acquired pursuant to the Issuer's 2024 Long Term Incentive Plan"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Illinois Tool Works (ITW) director Jaime A. Irick report on this Form 4?
Jaime A. Irick reported receiving 765 shares of Illinois Tool Works Common Stock as a stock award. The shares were granted under the 2024 Long Term Incentive Plan as part of his annual stock grant, not through an open-market purchase.
What are Jaime A. Irick’s Illinois Tool Works (ITW) holdings after this stock award?
After the stock award, Jaime A. Irick directly holds 2,286 shares of Illinois Tool Works Common Stock. This total includes the 765 shares granted on May 8, 2026 as part of his annual long-term incentive compensation.
Was the Illinois Tool Works (ITW) transaction an open-market buy or a compensation grant?
The transaction was a compensation grant, not an open-market purchase. The 765 shares were acquired under Illinois Tool Works’ 2024 Long Term Incentive Plan as an annual stock grant to director Jaime A. Irick, according to the Form 4 footnote.
Which plan governed Jaime A. Irick’s new Illinois Tool Works (ITW) stock award?
The new stock award was made under Illinois Tool Works’ 2024 Long Term Incentive Plan. The Form 4 footnote explains the 765 Common Stock shares were acquired in connection with the director’s annual stock grant pursuant to this incentive plan.