Escoe T. Kenneth 4
4 · ILLINOIS TOOL WORKS INC · Filed Feb 18, 2025
Insider Transaction Report
Form 4
Escoe T. Kenneth
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2025-02-13+1,898→ 7,238 total - Tax Payment
Common Stock
2025-02-13$260.09/sh−573$149,032→ 6,665 total - Exercise/Conversion
Performance Share Units (granted 2/11/22)
2025-02-13−1,898→ 0 total→ Common Stock (1,898 underlying) - Award
Employee Stock Option
2025-02-14+10,421→ 10,421 totalExercise: $258.11From: 2026-02-14Exp: 2035-02-14→ Common Stock (10,421 underlying)
Holdings
- 1,345(indirect: See Footnote)
Common Stock
Footnotes (6)
- [F1]Common stock acquired upon vesting of Performance Share Units (PSUs) and accrued dividends thereon, following certification of performance metrics.
- [F2]Each performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock.
- [F3]Includes 294 shares acquired under a dividend reinvestment plan.
- [F4]Shares of common stock allocated to the reporting person's account in the Illinois Tool Works Inc. Savings & Investment Plan as of February 13, 2025.
- [F5]PSUs vested and became payable on February 13, 2025.
- [F6]Options vest in four (4) equal annual installments beginning one year from date of grant.