SMITH DAVID BYRON JR 4

What Happened

• David Byron (David B.) Smith Jr., a director of Illinois Tool Works (ITW), received 131 shares of ITW common stock on Feb 6, 2026. The shares were granted at a reported value of $293.57 per share for a total reported value of $38,458. The grant was recorded as an award/acquisition (transaction code A) and represents quarterly director fees.

Key Details

• Transaction date and price: Feb 6, 2026; 131 shares at $293.57 each.
• Total reported value: $38,458.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — shares issued under the Illinois Tool Works 2024 Long‑Term Incentive Plan as quarterly director fees; F2–F4 — some shares are held in various trusts (shared voting/investment power, co‑trustee with spouse, and an individual trust account).
• Filing: Form 4 filed Feb 10, 2026 (timely within the standard two business‑day window). Exhibit 24 (Power of Attorney) is noted.

Context

• This was a compensation-related award (director fee settlement), not an open‑market purchase or sale. Such grants are routine forms of director compensation and do not, by themselves, indicate the director’s personal buying or selling preference.