Form 4: Illinois Tool Works Director Sells Shares
Insider Transaction (Form 4)
Ernest Scott Santi, a Director of Illinois Tool Works Inc, sold 41,431 shares of common stock on August 19, 2026.
Summary
- Option exercise/conversion: acquired 41,431 Common Stock at $187.86 ($7,783,228) on August 19, 2026; holds 307,719 after (Direct).
- Open-market sale: disposed of 22,471 Common Stock at $286.37 ($6,435,020) on August 19, 2026; holds 285,248 after (Direct).
- Open-market sale: disposed of 8,142 Common Stock at $287.35 ($2,339,604) on August 19, 2026; holds 277,106 after (Direct).
- Open-market sale: disposed of 8,928 Common Stock at $288.22 ($2,573,228) on August 19, 2026; holds 268,178 after (Direct).
- Open-market sale: disposed of 1,890 Common Stock at $289.19 ($546,569) on August 19, 2026; holds 266,288 after (Direct).
- Option exercise/conversion: disposed of 41,431 Employee Stock Option on August 19, 2026; holds 124,295 after (Direct).
Sentiment
Score: 2
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $11,894,421 of stock on the open market.
Insider Transactions
Ernest Scott Santi — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-19 | Option exercise/conversion | Common Stock | 41,431 | $188 | $7.8M | 307,719 |
| 2026-08-19 | Open-market sale | Common Stock | 22,471 | $286 | $6.4M | 285,248 |
| 2026-08-19 | Open-market sale | Common Stock | 8,142 | $287 | $2.3M | 277,106 |
| 2026-08-19 | Open-market sale | Common Stock | 8,928 | $288 | $2.6M | 268,178 |
| 2026-08-19 | Open-market sale | Common Stock | 1,890 | $289 | $546.6K | 266,288 |
| 2026-08-19 | Option exercise/conversion | Employee Stock Option | 41,431 | — | — | 124,295 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-19 | Option exercise/conversion (41,431 shares) |
| 2026-08-19 | Open-market sale (22,471 shares) |
| 2026-08-19 | Open-market sale (8,142 shares) |
| 2026-08-19 | Open-market sale (8,928 shares) |
| 2026-08-19 | Open-market sale (1,890 shares) |
| 2026-08-19 | Option exercise/conversion (41,431 shares) |
Keywords
insider transaction, Form 4, ITW, ILLINOIS TOOL WORKS INC, bearish, Ernest Scott Santi
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