Michael M. Larsen - 12 Feb 2026 Form 4 Insider Report for ILLINOIS TOOL WORKS INC (ITW)

Reporting relationship: SVP & CFO
Issuer ticker: ITW
Reported as of: 12 Feb 2026
Net transaction value: -$700,901
SEC form: 4
Accepted by SEC: 17 Feb 2026, 16:46:47 UTC
Prior SEC filing: 09 Apr 2025
Next SEC filing: 15 Apr 2026
Source filing: View source filing
Reporting owner signature: /s/ Anna Oliveira, Attorney-in-Fact for Michael M. Larsen

Key filing fact

Michael M. Larsen filed Form 4 for ILLINOIS TOOL WORKS INC (ITW) on 17 Feb 2026.

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: 17 Feb 2026, 16:46.

Change

Previous filing in this sequence was filed on 09 Apr 2025.
Current net transaction value: -$700,901.

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

Reporting Owners (1)

CIK 0001503349 Primary reporting owner

Larsen Michael M

Relationship: SVP & CFO
Address: ILLINOIS TOOL WORKS INC., 155 HARLEM AVENUE, GLENVIEW
Signature: /s/ Anna Oliveira, Attorney-in-Fact for Michael M. Larsen
Signature date: 17 Feb 2026

Reported non-derivative transactions

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

ITW transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +6,424
Change %: +13%
Price: $0.000000
Shares after: 56,926
Date: 12 Feb 2026
Ownership: Direct
Footnotes: F1, F2

ITW transaction

Common Stock

Tax liability

Transaction value: $700,901
Shares: -2,348
Change %: -4.1%
Price: $298.51
Shares after: 54,578
Date: 12 Feb 2026
Ownership: Direct

Reported derivative securities

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

ITW transaction Derivative

Performance Share Units (granted 2/10/23)

Options Exercise

Transaction value: $0
Shares: -6,424
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 12 Feb 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,424
Exercise price: $0.000000
Footnotes: F2, F3

ITW transaction Derivative

Employee Stock Option

Award

Transaction value: $0
Shares: +27,830
Change %
Price: $0.000000
Shares after: 27,830
Date: 13 Feb 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 27,830
Exercise price: $299.60
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 settlement of performance share units and accrued dividend equivalents thereon, following certification of applicable performance metrics.

Footnote F2

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

Footnote F3

Performance share units were certified and settled on February 12, 2026.

Footnote F4

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

SEC remarks

Exhibit 24. Power of Attorney