Welcome to our dedicated page for Illinois Tool Wk SEC filings (Ticker: ITW), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings for Illinois Tool Works Inc. (ITW), a Delaware-incorporated multi-industrial manufacturing company whose common stock trades on the New York Stock Exchange. These filings include current reports on Form 8-K, annual reports on Form 10-K, quarterly reports on Form 10-Q, and other documents related to ITW’s capital structure and operations.
Recent Form 8-K filings illustrate how ITW uses SEC reports to communicate material information. For example, the company has filed 8-Ks to furnish press releases announcing second and third quarter 2025 results, including revenue, operating income, operating margin, cash flow, and segment performance data. These filings also describe non-GAAP measures such as free cash flow and after-tax return on average invested capital (After-tax ROIC), along with reconciliations and explanations of why ITW considers these metrics useful.
Investors can use ITW’s periodic reports to analyze performance across its seven segments: Automotive OEM, Food Equipment, Test & Measurement and Electronics, Welding, Polymers & Fluids, Construction Products, and Specialty Products. The filings typically provide segment revenue and operating margin information, as well as commentary on factors such as organic growth, foreign currency translation, and product line simplification.
Through this filings page on Stock Titan, users can review ITW’s regulatory disclosures alongside AI-powered summaries that help explain complex sections of lengthy documents. These tools can assist in understanding topics such as ITW’s use of free cash flow for dividends, share repurchases, acquisitions, and debt repayment; its approach to After-tax ROIC; and the financial characteristics of its diversified industrial portfolio.
Illinois Tool Works executive Axel Beck reported several equity compensation transactions. On February 12, 2026, performance share units granted in 2023 were certified and converted into 2,398 shares of common stock at an exercise price of $0, reflecting settlement of earned awards and dividend equivalents. To cover tax obligations, 1,063 of these shares were withheld at $298.51 per share, leaving 7,124 shares of common stock owned directly.
On February 13, 2026, Beck received a grant of employee stock options for 10,120 shares at an exercise price of $299.6 per share. These options vest in four equal annual installments starting one year from the grant date and expire on February 13, 2036, and are held directly.
Illinois Tool Works Executive Vice President T. Kenneth Escoe reported equity compensation transactions and related tax withholding. On February 12, 2026, 1,883 performance share units granted on February 10, 2023 were certified and settled into 1,883 shares of common stock at $0 per share, reflecting achieved performance metrics. To cover tax obligations, 568 shares of common stock were withheld at $298.51 per share, leaving him with 8,150 directly owned shares. He also held 1,482 shares indirectly through the Illinois Tool Works Inc. Savings & Investment Plan as of February 12, 2026. On February 13, 2026, he received a grant of 10,120 employee stock options with a $299.60 exercise price, vesting in four equal annual installments beginning one year from the grant date.
Illinois Tool Works executive Patricia A. Hartzell reported equity compensation transactions and a tax-related share disposition. On February 12, 2026, performance share units granted in 2023 were certified and converted into 1,883 shares of common stock at $0 per share, increasing her directly owned stake to 4,534 shares. On the same date, 569 shares of common stock were disposed of at $298.51 per share to cover tax obligations, leaving her with 3,965 directly owned shares. On February 13, 2026, she received a grant of 10,436 employee stock options with a $299.60 exercise price, expiring on February 13, 2036, which vest in four equal annual installments beginning one year from the grant date.
Illinois Tool Works SVP & Chief HR Officer Mary Katherine Lawler reported equity compensation activity and related share settlements. On February 12, 2026, 2,740 common shares were delivered upon settlement of performance share units and associated dividend equivalents, following certification of performance metrics.
On the same date, 1,214 common shares were disposed of at $298.51 per share to cover tax obligations, leaving 30,307 common shares owned directly and 498 shares held indirectly through the company’s Savings & Investment Plan as of that date. On February 13, 2026, Lawler also received a grant of 12,333 employee stock options with a $299.60 exercise price, scheduled to vest in four equal annual installments beginning one year from grant and expiring in 2036.
Illinois Tool Works SVP & CFO Michael M. Larsen reported multiple equity award transactions. On February 12, 2026, 6,424 performance share units granted in 2023 were certified and settled into 6,424 shares of common stock, reflecting achievement of performance metrics and related dividend equivalents. To cover tax obligations, 2,348 shares of common stock were disposed of at $298.51 per share, leaving him with 54,578 common shares held directly. On February 13, 2026, he received a grant of 27,830 employee stock options with a $299.60 exercise price, vesting in four equal annual installments starting one year from the grant date.
Illinois Tool Works Executive Vice President Guilherme de Figueiredo Silva reported multiple equity compensation transactions. On February 13, 2026, he was granted 8,538 employee stock options exercisable for common stock at a conversion price of $299.60 per share, vesting in four equal annual installments and expiring on February 13, 2036.
On February 12, 2026, 598 performance share units granted in 2023 were certified and settled into 598 shares of common stock at no cost. In connection with this settlement, 193 shares were disposed of at $298.51 per share to satisfy tax obligations, leaving Silva with 2,557 shares of common stock held directly.
Illinois Tool Works President & CEO Christopher A. O’Herlihy reported equity compensation activity and related share withholding. On February 12, 2026, 7,024 performance share units granted in 2023 were settled into 7,024 shares of common stock at an exercise price of $0, lifting his directly held common stock to 62,137 shares.
On the same date, 2,610 shares of common stock at $298.51 per share were disposed of to cover tax obligations, leaving 59,527 directly held shares. He also holds 1,963 shares indirectly through the Illinois Tool Works Savings & Investment Plan as of February 12, 2026. On February 13, 2026, he received a grant of 74,320 employee stock options, exercisable at $299.60 per share and vesting in four equal annual installments beginning one year from grant.
Rauch Christopher P. reported acquisition or exercise transactions in a Form 4 filing for ITW. The filing lists transactions totaling 5,850 shares. Following the reported transactions, holdings were 5,850 shares.
Briar Hall Management LLC filed a Schedule 13G reporting a sizable passive stake in Illinois Tool Works Inc. common stock. Briar Hall reports beneficial ownership of 25,850,978 shares, representing 8.91% of the outstanding common stock.
The firm has sole voting and dispositive power over 24,878,918 shares and shared voting and dispositive power over 972,060 shares. Briar Hall certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Illinois Tool Works.
Illinois Tool Works delivered steady full-year 2025 results in a challenging environment, powered by its long-running 80/20 operating model and diversified industrial portfolio. Operating revenue was $16.0 billion, up slightly from 2024, with growth in Automotive, Welding, Food Equipment and Specialty Products offsetting softness in Construction Products and certain other segments.
Operating income was $4.2 billion and operating margin was a strong 26.3%. Excluding a one-time 2024 inventory accounting benefit, 2025 margins improved thanks to enterprise initiatives that reduced cost of revenue and supported pricing, partially offset by higher employee-related expenses.
Diluted EPS was $10.49, down 10.4% from 2024, which had been boosted by a gain on the sale of the Wilsonart equity interest and the inventory accounting change. On an adjusted basis excluding those 2024 items, management notes EPS grew 3.3%.
The company continued its capital return strategy, repurchasing about 6.0 million shares for roughly $1.5 billion in 2025 under its $5.0 billion buyback program, with approximately $2.0 billion still authorized at year-end. ITW also raised its quarterly dividend from $1.50 to $1.61 per share, paying about $1.8 billion in total dividends.
Strategically, ITW is in a "Next Phase" for 2024–2030 focused on building organic growth to match its already strong margins and returns. It is leaning on its 80/20 process, customer-back innovation and decentralized culture, while making targeted acquisitions in Test & Measurement and Electronics and exiting non-core assets.