Michael M. Larsen - 13 Feb 2025 Form 4 Insider Report for ILLINOIS TOOL WORKS INC (ITW)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
18 Feb 2025, 16:29:03 UTC
Prior SEC filing
10 Apr 2024
Next SEC filing
11 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Irene Song, Attorney-in-Fact for Michael M. Larsen

Key filing fact

Michael M. Larsen filed Form 4 for ILLINOIS TOOL WORKS INC (ITW) on 18 Feb 2025.

Key facts

  • This page summarizes Michael M. Larsen's Form 4 filing for ILLINOIS TOOL WORKS INC (ITW).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 18 Feb 2025, 16:29.

Change

  • Previous filing in this sequence was filed on 10 Apr 2024.
  • Current net transaction value: -$580,261.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ITW transaction

Common Stock

Options Exercise

Transaction value
Shares
+6,329
Change %
+14%
Price
Shares after
52,733
Date
13 Feb 2025
Ownership
Direct
Footnotes
F1, F2
ITW transaction

Common Stock

Tax liability

Transaction value
$580,261
Shares
-2,231
Change %
-4.2%
Price
$260.09
Shares after
50,502
Date
13 Feb 2025
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ITW transaction Derivative

Performance Share Units (granted 2/11/22)

Options Exercise

Transaction value
$0
Shares
-6,329
Change %
-100%
Price
$0.000000
Shares after
0
Date
13 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,329
Exercise price
Footnotes
F2, F3
ITW transaction Derivative

Employee Stock Option

Award

Transaction value
$0
Shares
+28,831
Change %
Price
$0.000000
Shares after
28,831
Date
14 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
28,831
Exercise price
$258.11
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Common stock acquired upon vesting of Performance Share Units (PSUs) and accrued dividends thereon, following certification of performance metrics.

Footnote F2

Each performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock.

Footnote F3

PSUs vested and became payable on February 13, 2025.

Footnote F4

Options vest in four (4) equal annual installments beginning one year from date of grant.

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