IRICK JAIME A 4
4 · ILLINOIS TOOL WORKS INC · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
Illinois Tool Works (ITW) Director Jaime Irick Receives Award
What Happened Jaime A. Irick, a director of Illinois Tool Works (ITW), acquired 765 shares on May 8, 2026 as an award under the company's long-term incentive plan. The grant was recorded at an average price of $254.76 per share, for a total reported value of $194,891. This was an equity award (transaction code A), i.e., shares granted as compensation rather than an open-market purchase.
Key Details
- Transaction date: 2026-05-08; Report filed: 2026-05-12 (appears to be filed after the typical 2-business-day Form 4 window).
- Shares granted: 765; Price per share reported: $254.76; Total value: $194,891.
- Shares owned after the transaction: not disclosed in the filing.
- Footnote: Shares were acquired pursuant to the Issuer's 2024 Long Term Incentive Plan in connection with the annual stock grant (F1).
- Remarks: Filing includes Exhibit 24 (Power of Attorney).
Context This was a routine compensation award under ITW's LTIP rather than a market purchase or sale. Such grants are common for directors and are primarily compensation/retention tools; they do not by themselves indicate the insider's personal decision to buy or sell shares.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-08$254.76/sh+765$194,891→ 2,286 total
Footnotes (1)
- [F1]Represents shares of common stock acquired pursuant to the Issuer's 2024 Long Term Incentive Plan in connection with the annual stock grant.