Form 4: Illinois Tool Works Director Susan Crown Reports Stock Acquisition

Director Susan Crown reports acquiring 763 shares of Illinois Tool Works (ITW) common stock at $242.32 per share on May 2, 2025.

Summary

• On May 2, 2025, Susan Crown, a director of Illinois Tool Works Inc. (ITW), acquired 763 shares of common stock at a price of $242.32 per share.
• Following this transaction, Ms. Crown directly owns 57,644.332 shares of ITW common stock, which includes 20,017.332 shares of deferred stock under the ITW Director's Deferred Fee Plan.
• She also indirectly owns 4,000 shares held in trusts for her children and 4,000 shares owned by her spouse.
• Additionally, Ms. Crown holds 7,111.66 units of phantom stock under the Phantom Stock Plan for non-officer directors, each equivalent to one share of common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director. The acquisition itself could be seen as mildly positive, indicating confidence, but the form is primarily informational.

Positives

• The director's purchase of shares may signal confidence in the company's future performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects insider trading activity, which can influence investor sentiment.

Key Dates

Keywords

Form 4, Illinois Tool Works, ITW, Susan Crown, Director, Stock Acquisition, Beneficial Ownership, Common Stock, Phantom Stock, Deferred Stock