Form 4: ITW Director Sells Shares, Gifts Stock

Pamela B. Strobel, a Director at Illinois Tool Works Inc., reported the sale of 1,521 common shares and the gifting of 1,034 shares.

Summary

• Director Pamela B. Strobel reported transactions involving Illinois Tool Works Inc. common stock.
• On November 5, 2025, Strobel sold 1,521 shares of common stock at a price of $245.25 per share.
• On the same date, Strobel gifted 1,034 shares of common stock, with a transaction price of $0.
• Following these transactions, Strobel beneficially owns 38,215 shares of common stock directly.
• This total includes 32,171 shares of deferred stock held under the ITW Directors' Deferred Fee Plan as of November 5, 2025.
• The sale was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 4

Explanation: The sentiment is slightly negative due to a director reducing their direct ownership through a sale and a gift, although the sale was pre-planned under a 10b5-1 plan, which mitigates some of the negative signal typically associated with insider sales.

Negatives

• Director Pamela B. Strobel decreased her direct beneficial ownership of common stock by selling 1,521 shares.
• Director Pamela B. Strobel decreased her direct beneficial ownership of common stock by gifting 1,034 shares.

Stakeholder Impact

• Shareholders may note the reduction in direct insider ownership, although the sale was pre-planned.

Key Dates

Keywords

Illinois Tool Works, ITW, Pamela B. Strobel, Insider Trading, Form 4, Director Stock Sale, Stock Gift, 10b5-1 Plan