Scanlon Jennifer F. 4

What Happened

• Jennifer F. Scanlon, a director of Illinois Tool Works (ITW), was granted/acquired 846 shares of ITW common stock on May 8, 2026. The filing shows an acquisition price/value of $254.76 per share, for a total value of $215,527. Transaction code: A (award/grant or other acquisition).

Key Details

• Transaction date: May 8, 2026 (Form 4 filed May 12, 2026).
• Shares and price: 846 shares at $254.76 each; total reported value $215,527.
• Shares owned after transaction: Not stated in the provided excerpt of the filing.
• Footnotes: The shares were issued under ITW’s 2024 Long Term Incentive Plan (includes an annual stock grant and shares in lieu of cash retainer) and are deferred stock under the ITW Directors' Deferred Fee Plan as of May 8, 2026.
• Filing timeliness: The Form 4 was filed four days after the transaction (may be later than the typical two-business-day reporting window for insiders).

Context

• This was a compensation-related award (standard director equity grant and deferred fees), not an open-market purchase or sale. Such awards are routine director compensation and do not by themselves indicate a change in the director’s market view.