ITW ILLINOIS TOOL WORKS INC Insider Trading

ITW Director Scanlon buys 806 shares at $247.99; doubles holdings to 1,652 shares (+95.3%)

Jennifer F. Scanlon, a director of Illinois Tool Works Inc (ITW), purchased 806 shares at $247.99, raising her total holdings from 846 to 1,652 shares, a 95.3% increase in position size. The purchase occurred in a period of stock weakness: ITW is trading at $251.12, down 1.4% over 30 days and 9.4% over 90 days, and is 17.2% below its 52-week high of $303.16. Scanlon's cross-ticker track record shows 1 prior open-market buy with an average 90-day return of +56.8%, though her prior sales have not demonstrated well-timed execution (0.00% well-timed rate across 4 prior sells), suggesting limited predictive value from her historical patterns. The transaction represents a meaningful capital commitment ($199,879.78) at a modestly reduced valuation relative to recent highs, though the company's growth metrics remain modest (0.9% annual revenue growth) and valuation elevated at P/E 23.06.

SVP & Chief HR Officer Mary Katherine Lawler sold 17,279 shares of ITW ($5.0M) at $291.90; holds 28,781 post-sale.

Mary Katherine Lawler, SVP & Chief HR Officer, sold 17,279 shares for $5,043,740.10, reducing her ITW holdings by 37.5% from 46,060 to 28,781 shares. The sale occurred at $291.90, well within the 52-week range and 0.0% from the 52-week high of $294.25, suggesting execution near peak valuation. Lawler's prior two sales at ITW (November 2024 and February 2024) both showed negative 90-day returns of -6.7% and -9.5% respectively, indicating a consistent pattern of selling before subsequent declines—a historically well-timed pattern. Against a backdrop of flat annual revenue growth (-1.3%), modest forward earnings (P/E 28.21), and the stock recently up 19.9% over 90 days, the outsized reduction in her personal stake warrants attention to whether elevated valuations prompted position reduction.

EVP Beck Axel sold 4,223 shares of ITW at $290.22, reducing holdings by -42.2% to 5.8K shares.

Beck Axel, Executive Vice President of Illinois Tool Works, executed a substantial open-market sale of 4,223 shares at $290.22 on 2026-02-05, reducing his total holdings from 10.0K to 5.8K shares—a net reduction of -42.2% of his pre-transaction position. The sale occurred near the 52-week high of $293.57 (within -1.0% of peak), and the stock has appreciated 13.9% over the trailing 30 days and 18.4% over 90 days, indicating the company has experienced strong recent price momentum. With the company trading at a P/E of 27.86 on a market cap of $84.3B and showing slightly negative annual revenue growth of -1.3%, the transaction occurs in a context of elevated valuation multiples and mixed fundamental momentum. The sale's proximity to 52-week highs warrants attention to whether this represents a material reassessment of position sizing by senior management.

Director SANTI ERNEST SCOTT sold 167,345 shares for $48.7M on 2026-02-04; post-sale holding 258.8K shares (39.3% reduction)

SANTI ERNEST SCOTT, director at Illinois Tool Works, executed 6 separate sales totaling 167,345 shares for $48,686,119.20 at prices ranging from $288.72 to $293.43 on 2026-02-04, reducing his stake by 39.3% from 426,111 to 258,766 shares. The blended average price was $290.93, only 0.9% below the current price of $293.57, and the stock is trading at its 52-week high with substantial recent momentum (+18.9% over 30 days, +19.6% over 90 days). Across his same-ticker history at ITW, all 5 prior sales were well-timed at the 90-day mark, with average declines of -5.4% (range -4.5% to -5.3%), suggesting a consistent pattern of selling ahead of pullbacks. This large, multi-tranche disposition coincides with elevated valuation multiples (P/E 28.15) and a headline revenue decline of -1.3% year-over-year, though the company maintains substantial profitability at $821M net income on $4.1B quarterly revenue.

Director SMITH DAVID BYRON JR buys 6,709 shares of ITW at $250.13; holding more than doubles to 12,699 shares

SMITH DAVID BYRON JR, a director at Illinois Tool Works, purchased 6,709 shares at $250.13 on 2025-12-10, increasing his holdings by 112.0% to 12,699 shares total—a material accumulation in absolute terms ($1.7M deploy). His prior trades at ITW show mixed near-term timing but a strong 90-day track record: 3 of 4 prior buys were followed by positive returns at the 90-day mark, with the most recent purchase on 2025-06-02 achieving +6.3% in 30 days and +9.7% over 90 days. The stock currently trades at $258.02 (−6.0% from its 52-week high of $274.48) and +5.1% over the last 30 days, placing this purchase in a moderately elevated valuation context relative to recent peaks. Fundamentals remain solid: the company generated $4.1B in quarterly revenue and $821.0M in net income, though annual revenue contracted 1.3% year-over-year at a P/E of 24.74. The combination of a director's substantial position increase, aligned with a pattern of successful 90-day entry timing at this ticker, merits investor attention as an indicator of insider conviction at current price levels.

VP & Chief Accounting Officer Scheuneman sells 6.8K ITW shares at $265.08; holdings drop 39.7% to 10.3K; 2 prior ITW sales both well-timed at 90-day mark.

RANDALL J SCHEUNEMAN, Vice President & Chief Accounting Officer, executed an open-market sale of 6,802 shares at $265.08 on 2025-09-11, reducing his ITW holdings from 17,116 shares to 10,314 shares—a 39.7% reduction in his position. Scheuneman's prior two sales at ITW (2024-02-12 and 2023-06-12) both produced negative 90-day returns of -2.3% and -0.3% respectively, indicating a consistent pattern of well-timed exits before subsequent declines. His cross-ticker track record shows a 100.00% well-timed rate on prior sales, with 2 sales averaging -1.3% 90-day return. The current ITW price of $263.87 is 5.2% below the 52-week high of $278.50, placing the sale near the upper end of recent trading range. The company's annual revenue growth is flat to slightly negative at -1.3%, and the P/E of 22.87 remains elevated. The magnitude of this position reduction—nearly 40% of holdings—combined with demonstrated historical discipline in exit timing at this ticker, constitutes a material signal worth monitoring for potential headwinds.

Director David Byron Smith Jr. buys 872 ITW shares at $241.16; stock now at $246.51, -11.5% from 52-week high.

Director David Byron Smith Jr. purchased 872 shares of Illinois Tool Works at $241.16 on 2025-06-02, adding 0.7% to his holdings of 122,884 shares post-transaction. The purchase price was $5.35 below the current market price of $246.51, and the stock is currently 11.5% below its 52-week high of $278.50. Within this specific ticker, Smith has demonstrated a mixed track record: 2 of his 3 prior ITW buys (2024-06-13 and 2023-11-30) showed positive 90-day returns of +3.4% and +8.6% respectively, while his most recent ITW buy on 2024-12-09 resulted in a 90-day decline of -0.3%. The company shows stable fundamentals with $3.8B quarterly revenue and $700.0M net income, though annual revenue growth stands at -1.3% and the stock trades at a P/E of 21.44. This purchase occurs within the context of recent modest price recovery (+2.3% over 30 days) following a 90-day decline of -7.0%.

ITW CEO O'Herlihy sells 48,453 shares for $13,293,770.55; holdings drop 46.8% to 55,113 shares

Christopher A. O'Herlihy, President and CEO of Illinois Tool Works Inc., executed two separate sales on 2025-03-07 totaling 48,453 shares for $13,293,770.55 at a blended average price of $274.36. The sales reduced his holdings from 103,566 shares to 55,113 shares, representing a 46.8% reduction in his position. The transaction occurred when ITW stock is trading at $254.82, approximately 8.5% below its 52-week high of $278.50, and the company is approaching a flat annual revenue picture (down 1.3% year-over-year) despite generating $1.2B in net income on $4.0B in quarterly revenue. This substantial reduction in CEO holdings warrants investor attention given the magnitude of the divestiture and current valuation context relative to recent highs.

CFO Larsen sells 41,472 shares ($11.2M) across 2 transactions at $270.52–$271.53; reduces holdings 45.1%

Michael M Larsen, SVP & CFO of Illinois Tool Works, executed 2 separate sales on 2025-03-07 totaling 41,472 shares for $11,249,470.07, reducing his holdings from 92.0K to 50.5K shares (a 45.1% reduction). The blended average sale price of $271.25 sits near the 52-week high of $278.50, with the stock currently trading at $254.82, down 8.5% from that peak and down 6.6% over the past 90 days. Notably, Larsen's cross-ticker selling track record shows a 100.00% well-timed rate at the 90-day mark, and his single prior sale at ITW on 2024-03-14 also proved well-timed on a 90-day basis (stock fell 9.5% after that sale). The company's fundamentals show a 4.0B quarterly revenue, 1.2B net income, and a P/E of 18.76. This substantial reduction in the CFO's stake at near-peak pricing, combined with a consistent pattern of 90-day well-timed sells, warrants investor attention to the company's near-term trajectory.

Director Santi Ernest Scott sells 73,453 ITW shares for $19,440,638.71; reduces stake 22.0%, retains 260,223 shares

Director Santi Ernest Scott executed 3 separate sales totaling 73,453 shares for $19,440,638.71 at prices ranging from $263.60 to $265.44, reducing his holdings by 22.0% to 260,223 shares. The sales occurred near the 52-week high ($278.50), with the current price of $261.60 sitting 6.1% below peak levels. His cross-ticker track record shows a 100.00% well-timed rate on 18 prior sells with an average 90-day return of -3.6%, and his prior sales at ITW on 2024-02-12 posted negative 90-day returns (-1.9%, -2.5%), consistent with selling ahead of weakness. The substantial sale size, proximity to 52-week highs, and alignment with historical timing patterns warrant investor attention to any emerging fundamental headwinds at the company.