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.
Illinois Tool Works Inc. filings document a Delaware industrial manufacturer with NYSE-listed common stock and multiple NYSE-listed Euro notes. The company's 8-K reports regularly furnish quarterly operating results and related non-GAAP measures, including free cash flow, free cash flow conversion, and after-tax return on invested capital.
ITW's regulatory record also includes proxy materials covering board matters, executive compensation, equity awards, pension-related compensation adjustments, and shareholder voting items. Material-event filings describe capital and liquidity arrangements such as credit agreements, while securities disclosures identify the company's common stock and Euro note series within its public capital structure.
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.
Illinois Tool Works executive Christopher P. Rauch, SVP, General Counsel & Secretary, reported the vesting of 477 restricted stock units into common shares on February 10, 2026. To cover tax withholding, the company retained 129 shares at a value of $294.25 per share, leaving him with 348 shares held directly.