Axel Beck of Illinois Tool Works (NYSE: ITW) exercises options and sells 4,223 shares

Rhea-AI Filing Summary

Illinois Tool Works Executive Vice President Axel Beck reported option exercises and a share sale. On February 5, 2026, he exercised employee stock options for 3,261 shares at $128 and 2,608 shares at $163.36, receiving common stock.

On the same day, he sold 4,223 shares of common stock at a weighted average price of $290.22, with individual trade prices ranging from $290.14 to $290.38. After these transactions, he directly owned 5,789 shares of Illinois Tool Works common stock.

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

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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^*

Beck Axel

(Last) (First) (Middle)

155 HARLEM AVE.

(Street)

GLENVIEW IL 60025

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ILLINOIS TOOL WORKS INC [ ITW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	02/05/2026		M		3,261	A	$128	7,404	D
Common Stock	02/05/2026		M		2,608	A	$163.36	10,012	D
Common Stock	02/05/2026		S		4,223	D	$290.22(1)	5,789	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
Employee Stock Option	$128	02/05/2026		M			3,261	02/10/2018(2)	02/10/2027	Common Stock	3,261	$0	0	D
Employee Stock Option	$163.36	02/05/2026		M			2,608	02/15/2019(3)	02/15/2028	Common Stock	2,608	$0	0	D

Explanation of Responses:

1. This transaction was executed at multiple prices ranging from $290.14 to $290.38. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected.

2. Stock options vest in four (4) equal installments beginning February 10, 2017 (grant date), and became fully exercisable on February 10, 2021.

3. Stock options vest in four (4) equal installments beginning February 15, 2018 (grant date), and became fully exercisable on February 15, 2022.

Remarks:

Exhibit 24. Power of Attorney

	/s/ Anna Oliveira, Attorney-in-Fact for Axel Beck	02/09/2026
	** 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.

FAQ

What insider transactions did ITW Executive Vice President Axel Beck report?

Axel Beck reported option exercises and a stock sale. He exercised employee stock options for 3,261 and 2,608 Illinois Tool Works shares, then sold 4,223 shares, leaving him with 5,789 shares of directly owned common stock after the reported transactions.

How many Illinois Tool Works (ITW) shares did Axel Beck sell on February 5, 2026?

Axel Beck sold 4,223 shares of Illinois Tool Works common stock. The sale occurred on February 5, 2026, at a weighted average price of $290.22 per share, with individual sale prices ranging from $290.14 to $290.38 according to the filing footnote.

What stock options did Axel Beck exercise in this ITW Form 4 filing?

Beck exercised two blocks of employee stock options. He converted options into 3,261 shares at an exercise price of $128 and 2,608 shares at an exercise price of $163.36, both for Illinois Tool Works common stock, before reporting the subsequent sale of a portion of those shares.

How many Illinois Tool Works shares does Axel Beck own after these transactions?

After the reported transactions, Beck directly owns 5,789 shares. This balance reflects the exercises of 3,261 and 2,608 shares from employee stock options and the sale of 4,223 shares of Illinois Tool Works common stock recorded in the Form 4 filing.

What price range applied to Axel Beck’s Illinois Tool Works share sale?

The reported sale used a weighted average price of $290.22. A footnote explains that individual sale prices ranged between $290.14 and $290.38 per share, and full trade details are available upon request from Illinois Tool Works, shareholders, or SEC staff.

What is Axel Beck’s role at Illinois Tool Works (ITW) in this Form 4?

Axel Beck is identified as an Executive Vice President. The Form 4 states he is an officer of Illinois Tool Works with the title Executive Vice President and reports his direct ownership and transactions in the company’s common stock and employee stock options.