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.