ILLINOIS TOOL WORKS INC 4

E. Scott Santi exercised 41,431 Illinois Tool Works stock options at $187.86 and sold 41,431 common shares around $286–$289 per share, leaving him with 266,288 shares owned.

On August 19, 2026, E. Scott Santi, an insider of Illinois Tool Works Inc., exercised 41,431 employee stock options at an exercise price of $187.86 per share, acquiring an equivalent number of common shares, and then sold a total of 41,431 common shares in four market transactions at weighted average prices ranging from $286.37 to $289.19 per share. The gross value of the option exercise was approximately $7.78 million, while the total sale proceeds were approximately $11.88 million, implying pre-tax gains of around $4.1 million. After these transactions, Santi retained direct ownership of 266,288 shares of Illinois Tool Works common stock (including 6,937 deferred stock units), with an estimated market value of roughly $75.2 million based on the recent share price context. The activity appears to be a classic option exercise-and-sell sequence, with sales executed across multiple price ranges as disclosed in the footnotes.

Filing Facts

CIK

49826

Ticker

ITW

Form

4

Source Type

sec

Accession

0001307581-26-000016

Alert Tier

7