SANTI ERNEST SCOTT 4

What Happened

• Santi Ernest Scott, a director of Illinois Tool Works (ITW), received an award of 119.221 shares on Feb 6, 2026. The grant is reported at a per-share value of $293.57, for a total reported value of $35,000.
• This transaction is an award/acquisition under ITW’s 2024 Long-Term Incentive Plan representing quarterly director fees — not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-06; Filing date (Accession): 2026-02-10.
• Shares awarded: 119.221; Price/value used: $293.57 per share; Total value: $35,000.
• Shares owned after transaction: Not specified in the provided filing data. Footnote indicates holdings include 4,866 shares of deferred stock under the ITW Directors' Deferred Fee Plan as of Feb 6, 2026.
• Footnotes: F1 — award pursuant to the 2024 Long-Term Incentive Plan representing quarterly director fees. F2 — includes 4,866 deferred shares as of the transaction date.
• Timeliness: The filing was submitted four days after the transaction date (Feb 6 → Feb 10). The filing does not indicate any exemption or 10b5-1 plan in the provided details.

Context

• This was a routine director compensation award (common for non-employee directors) rather than a market purchase or sale; such awards reflect pay, not necessarily a direct signal of buying or selling intent.
• For retail investors, purchases by insiders can be more informative about sentiment than routine compensation receipts; treat this award as compensation-related rather than a discretionary investment by the director.