Illinois Tool Works (ITW) insider buying and selling
Every Table I transaction reported by directors and officers of S&P 500 companies on SEC Form 4 filings (2 business days to file): each row labeled with its official transaction code, nothing filtered out beforehand.
Open-market purchases (code P) are the rare signal, in green; sales (code S) are common and often pre-scheduled (10b5-1). Table II (derivatives) is not included: its prices are exercise prices, not market values. Guide: insider buying.
| Date | Ticker | Insider | Role | Shares | Price | Amount | % of stake | Type / filing |
|---|
Download these transactions as CSV No account, no sign-up. The data is public: it comes from SEC Form 4 filings.
Illinois Tool Works Inc. (ITW) insider buying and selling: 2 purchases, 7 sales
67 Form 4 Table I transactions filed with the SEC by Illinois Tool Works Inc. insiders between 2025-08-25 and 2026-08-21 (15-month history): 2 open-market purchases and 7 sales, plus 58 transactions under other Form 4 codes, broken down one by one below. The largest open-market trade is a sale of $48.7M by Santi Ernest Scott on 2026-02-04.
Illinois Tool Works insider buying and selling over the last 12 months
Between Oct 21, 2025 and Oct 20, 2026, Illinois Tool Works insiders filed 2 purchases worth $1.9M and 6 sales worth $67.3M on the open market. The net balance is on the sell side: $65.4M more sold than bought.
The biggest buyer was Smith David Byron Jr (Director): $1.7M in 1 purchase, out of 2 different buyers. The biggest seller was Santi Ernest Scott (Director): $60.6M in 2 sales, out of 5 different sellers.
The largest trade of the period was a sale of $48.7M on Feb 4, 2026, by Santi Ernest Scott (Director). Form 4 on sec.gov (0001307581-26-000002).
None of the 6 sales carries the 10b5-1 plan flag on the Form 4 (sales scheduled months ahead).
The last three months show 0 purchases and 2 sales, against 1 and 0 in the three before. The latest purchase is from Jun 2, 2026; the latest sale from Aug 19, 2026.
Against its sector (Industrials, 75 companies with an insider page on this site), over the same dates the median is 8 sales and 0 purchases on the open market. Illinois Tool Works has more sales than 23 of the other 74, ranks 11 of 75 by net dollars sold, and 28 of the 75 have at least one purchase, Illinois Tool Works included.
The 20 most important trades
The 2 open-market purchases first, then the rest, each type from largest to smallest. The full history is in the tool above, already searched.
See all 67 ITW trades in the full history →
| Trade date | Filed | Insider | Role | Amount | Code | Filing |
|---|---|---|---|---|---|---|
| 2025-12-10 | 2025-12-12 | Smith David Byron Jr | Director | $1.7M | P — Open-market purchase Indirect holding, through: By Trust 2 Form 4 footnotesF1 Shares acquired and deposited into the reporting person's individual trust account. F2 Shares held in reporting person's individual trust account. | SEC |
| 2026-06-02 | 2026-06-04 | Scanlon Jennifer F. | Director | $200k | P — Open-market purchase2 Form 4 footnotesF1 This transaction was executed at multiple trades at prices ranging from $247.85 to $248.03. The price reported above reflects the weighted average sale price. Ms. Scanlon hereby undertakes to provide upon request to the SEC staff, ITW, or a shareholder of ITW full information regarding the number of shares and the prices at which the transaction was effected. F2 Includes 846 shares of deferred stock credited under the ITW Directors' Deferred Fee Plan as of June 2, 2026. | SEC |
| 2026-02-04 | 2026-02-06 | Santi Ernest Scott | Director | $48.7M | S — Open-market sale7 Form 4 footnotesF1 This transaction was executed at multiple prices ranging from $288.19 to $289.19. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. F2 This transaction was executed at multiple prices ranging from $289.25 to $290.25. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. F3 This transaction was executed at multiple prices ranging from $290.26 to $291.24. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. F4 This transaction was executed at multiple prices ranging from $291.29 to $292.29. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. F5 This transaction was executed at multiple prices ranging from $292.30 to $293.30. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. F6 This transaction was executed at multiple prices ranging from $293.31 to $293.65. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. F7 Includes 4,747 shares of deferred stock under the ITW Directors' Deferred Fee Plan as of February 4, 2026. | SEC |
| 2026-08-19 | 2026-08-21 | Santi Ernest Scott | Director | $11.9M | S — Open-market sale5 Form 4 footnotesF1 This transaction was executed at multiple prices ranging from $285.80 to $286.80. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. F2 This transaction was executed at multiple prices ranging from $286.81 to $287.81. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. F3 This transaction was executed at multiple prices ranging from $287.82 to $288.79. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. F4 This transaction was executed at multiple prices ranging from $288.92 to $289.45. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. F5 Includes 6,937 shares of deferred stock granted under the ITW Directors' Deferred Fee Plan as of August 19, 2026. | SEC |
| 2026-02-06 | 2026-02-10 | Lawler Mary Katherine | SVP & Chief HR Officer | $5.0M | S — Open-market saleForm 4 footnoteF2 This transaction was executed at multiple prices ranging from $291.66 to $292.30. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. | SEC |
| 2025-09-11 | 2025-09-15 | Scheuneman Randall J | VP & Chief Accounting Officer | $1.8M | S — Open-market saleForm 4 footnoteF1 This transaction was executed at multiple prices ranging from $265.06 to $265.15. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. | SEC |
| 2026-02-05 | 2026-02-09 | Beck Axel | Executive Vice President | $1.2M | S — Open-market saleForm 4 footnoteF1 This transaction was executed at multiple prices ranging from $290.14 to $290.38. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Illinois Tool Works Inc. or a shareholder of Illinois Tool Works Inc. full information regarding the number of shares and prices at which the transaction was effected. | SEC |
| 2025-11-05 | 2025-11-07 | Strobel Pamela B | Director | $373k | S — Open-market saleForm 4 footnoteF1 Includes 32,171 shares of deferred stock under the ITW Directors' Deferred Fee Plan as of November 5, 2025. | SEC |
| 2026-08-13 | 2026-08-17 | Pigozzo Matteo C. | VP & Chief Accounting Officer | $80k | S — Open-market sale | SEC |
| 2026-02-04 | 2026-02-06 | Santi Ernest Scott | Director | $24.1M | M — Option exercise | SEC |
| 2026-08-19 | 2026-08-21 | Santi Ernest Scott | Director | $7.8M | M — Option exercise | SEC |
| 2026-02-06 | 2026-02-10 | Lawler Mary Katherine | SVP & Chief HR Officer | $2.8M | M — Option exerciseForm 4 footnoteF1 Includes 3,407 shares acquired under a dividend reinvestment plan. | SEC |
| 2026-02-12 | 2026-02-17 | Santi Ernest Scott | Director | $1.3M | F — Tax withholding (shares surrendered for taxes)Form 4 footnoteF3 Includes 4,866 shares of deferred stock under the ITW Directors' Deferred Fee Plan as of February 12, 2026. | SEC |
| 2025-09-11 | 2025-09-15 | Scheuneman Randall J | VP & Chief Accounting Officer | $871k | M — Option exercise | SEC |
| 2026-02-05 | 2026-02-09 | Beck Axel | Executive Vice President | $843k | M — Option exercise | SEC |
| 2026-02-12 | 2026-02-17 | O'Herlihy Christopher A | President & CEO | $779k | F — Tax withholding (shares surrendered for taxes) | SEC |
| 2026-02-12 | 2026-02-17 | Larsen Michael M | SVP & CFO | $701k | F — Tax withholding (shares surrendered for taxes) | SEC |
| 2026-05-08 | 2026-05-12 | Santi Ernest Scott | Director | $480k | A — Grant or award2 Form 4 footnotesF1 Represents shares of common stock acquired pursuant to the Issuer's 2024 Long Term Incentive Plan, including an annual stock grant and shares acquired in lieu of cash retainer. F2 Includes 6,778 shares of deferred stock under the ITW Directors' Deferred Fee Plan as of May 8, 2026. | SEC |
| 2026-02-12 | 2026-02-17 | Lawler Mary Katherine | SVP & Chief HR Officer | $362k | F — Tax withholding (shares surrendered for taxes) | SEC |
| 2026-02-12 | 2026-02-17 | Beck Axel | Executive Vice President | $317k | F — Tax withholding (shares surrendered for taxes) | SEC |
The period balance: money in, money out
Across the Form 4 filings submitted between Aug 25, 2025 and Aug 21, 2026, Illinois Tool Works Inc. open-market activity adds up to 2 purchases worth $1.9M and 7 sales worth $69.1M. The net balance is $67.2M on the sell side.
Only codes P and S count, where an insider puts in or takes out their own money. A selling balance like Illinois Tool Works Inc.'s is the norm in the S&P 500, where much of the pay comes as stock. It is not a recommendation to buy or sell: it is what was filed.
Every transaction, code by code
| Code | What it means | Trades | Reported amount |
|---|---|---|---|
| A | Grant or award | 22 | $3.0M |
| M | Option exercise | 18 | $36.5M |
| F | Tax withholding (shares surrendered for taxes) | 13 | $4.4M |
| S | Open-market sale | 7 | $69.1M |
| G | Gift | 3 | $0 |
| J | Other transaction (explained in the filing) | 2 | $0 |
| P | Open-market purchase | 2 | $1.9M |
| Total | Everything filed in the period | 67 | $114.9M |
18 of the 67 rows carry no usable amount on the Form 4: they count as trades and add $0. The code labels come from the SEC index.
Who has traded
Over the 15 months of history, 25 distinct people or entities have filed Illinois Tool Works Inc. transactions: 2 bought on the open market and 6 sold. Counted by CIK, the fixed number the SEC gives each filer, and not by name, which each filer types their own way.
Of the 6 who sold on the open market (7 sales in all), the three biggest sellers account for $67.4M of the $69.1M: 98% of the money in three people.
| Filer | Role | Transactions | Bought (count) | Sold (count) | Last filed |
|---|---|---|---|---|---|
| Santi Ernest Scott | Director | 11 | — | $60.6M (2) | 2026-08-21 |
| Lawler Mary Katherine | SVP & Chief HR Officer | 4 | — | $5.0M (1) | 2026-02-17 |
| Scheuneman Randall J | VP & Chief Accounting Officer | 4 | — | $1.8M (1) | 2026-02-17 |
| Smith David Byron Jr | Director | 8 | $1.7M (1) | — | 2026-08-11 |
| Beck Axel | Executive Vice President | 4 | — | $1.2M (1) | 2026-02-17 |
| Strobel Pamela B | Director | 3 | — | $373k (1) | 2026-05-12 |
| Scanlon Jennifer F. | Director | 3 | $200k (1) | — | 2026-08-11 |
| Pigozzo Matteo C. | VP & Chief Accounting Officer | 1 | — | $80k (1) | 2026-08-17 |
Shown here are the 8 who moved the most money, out of 25. The rest are in the full history, one link above. The name links to all their trades, in any company. "Transactions" counts any code; the money, open market only. Role: from their latest filing.
Month by month
By the month the trade was executed, not the month it was filed; months with no trades show zero. The busiest month was Feb 2026: 0 purchases and 3 sales, worth $55.0M. 9 of the 15 months have none.
| Month | Purchases | Amount | Sales | Amount |
|---|---|---|---|---|
| Aug 2025 | 0 | $0 | 0 | $0 |
| Sep 2025 | 0 | $0 | 1 | $1.8M |
| Oct 2025 | 0 | $0 | 0 | $0 |
| Nov 2025 | 0 | $0 | 1 | $373k |
| Dec 2025 | 1 | $1.7M | 0 | $0 |
| Jan 2026 | 0 | $0 | 0 | $0 |
| Feb 2026 | 0 | $0 | 3 | $55.0M |
| Mar 2026 | 0 | $0 | 0 | $0 |
| Apr 2026 | 0 | $0 | 0 | $0 |
| May 2026 | 0 | $0 | 0 | $0 |
| Jun 2026 | 1 | $200k | 0 | $0 |
| Jul 2026 | 0 | $0 | 0 | $0 |
| Aug 2026 | 0 | $0 | 2 | $12.0M |
| Sep 2026 | 0 | $0 | 0 | $0 |
| Oct 2026 | 0 | $0 | 0 | $0 |
The last month may be partial: a Form 4 is filed up to two business days later. The table does not say whether the pattern is good or bad; it says when it happened.
Illinois Tool Works Inc. (ITW) analysis page →
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How to read this data
None of the 7 sales in the table is flagged as scheduled (10b5-1 plan), the kind signed months ahead and executed automatically. Illinois Tool Works's 2 open-market purchases (code P) are the rare signal: insiders are already paid in stock, so buying more means putting in their own money. The latest filing is from Aug 21, 2026, and a Form 4 arrives up to two business days after the trade.
11 of the 20 rows in the table carry footnotes from the Form 4 itself, folded into the code column and copied verbatim; a row with no footnote means the filing has none.
Guide: Insider buying · all guides
What is behind these trades
The concepts on this page, explained from scratch in the Academy. Free, no account.
- What the efficiency hypothesis says and what it does NOT sayIf an insider's purchase is public and anyone can read it, is there any information left in it? That is the exact question that brings people here.
- Who really moves the market: the types of investorWho sits on the other side of each order, and where a company's own insiders fit among them.
- Supply, demand and price: why it rises and falls constantlyHow a piece of news ends up inside the price, and why the reaction to a filed sale is rarely the one you would expect.
Source: SEC EDGAR Form 4. This is a list of public facts, not financial advice or a recommendation to buy or sell.