Illinois Tool Works insider activity
What the executives and directors of Illinois Tool Works actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
The tape: three years of insider trades
Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 121 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Aug 19, 2026 | SANTI ERNEST SCOTT | 41K |
| Aug 7, 2026 | CROWN SUSAN | 58 |
| Aug 7, 2026 | SANTI ERNEST SCOTT | 118 |
| Aug 7, 2026 | Scanlon Jennifer F. | 118 |
| Aug 7, 2026 | SMITH DAVID BYRON JR | 130 |
| May 8, 2026 | CROWN SUSAN | 833 |
| May 8, 2026 | LENNY RICHARD H | 765 |
| May 8, 2026 | GRIFFITH JAMES W | 765 |
| May 8, 2026 | STROBEL PAMELA B | 765 |
| May 8, 2026 | SANTI ERNEST SCOTT | 1,883 |
| May 8, 2026 | Brutto Daniel J | 765 |
| May 8, 2026 | Scanlon Jennifer F. | 846 |
| May 8, 2026 | SMITH DAVID BYRON JR | 917 |
| May 8, 2026 | Ford Darrell L | 765 |
| May 8, 2026 | Henderson Jay L | 765 |
| May 8, 2026 | IRICK JAIME A | 765 |
| May 8, 2026 | Grier Kelly J | 765 |
| Feb 12, 2026 | SANTI ERNEST SCOTT | 14K |
| Feb 12, 2026 | Lawler Mary Katherine | 3,954 |
| Feb 12, 2026 | SCHEUNEMAN RANDALL J | 1,056 |
| Feb 12, 2026 | Larsen Michael M | 8,772 |
| Feb 12, 2026 | O'HERLIHY CHRISTOPHER A | 9,634 |
| Feb 12, 2026 | Beck Axel | 3,461 |
| Feb 12, 2026 | Szafranski Sharon | 2,729 |
| Feb 12, 2026 | Escoe T. Kenneth | 2,451 |
| Feb 12, 2026 | Carbonell Javier Gracia | 2,806 |
| Feb 12, 2026 | Hartzell Patricia A. | 2,452 |
| Feb 12, 2026 | Silva Guilherme de Figueiredo | 791 |
| Feb 12, 2026 | Thibeault Mark A. | 626 |
| Feb 10, 2026 | Rauch Christopher P. | 606 |
| Feb 6, 2026 | SANTI ERNEST SCOTT | 167K |
| Feb 6, 2026 | CROWN SUSAN | 61 |
| Feb 6, 2026 | Lawler Mary Katherine | 17K |
| Feb 6, 2026 | SMITH DAVID BYRON JR | 131 |
| Feb 5, 2026 | Beck Axel | 5,869 |
| Dec 10, 2025 | SMITH DAVID BYRON JR | 6,709 |
| Nov 7, 2025 | SANTI ERNEST SCOTT | 142 |
| Nov 7, 2025 | SMITH DAVID BYRON JR | 157 |
| Nov 7, 2025 | Ford Darrell L | 142 |
| Nov 5, 2025 | STROBEL PAMELA B | 1,034 |
| Sep 11, 2025 | SCHEUNEMAN RANDALL J | 6,802 |
| Aug 21, 2025 | SANTI ERNEST SCOTT | 3,790 |
| Aug 1, 2025 | SANTI ERNEST SCOTT | 139 |
| Aug 1, 2025 | SMITH DAVID BYRON JR | 153 |
| Aug 1, 2025 | Ford Darrell L | 139 |
| Jun 2, 2025 | SMITH DAVID BYRON JR | 872 |
| May 2, 2025 | CROWN SUSAN | 763 |
| May 2, 2025 | LENNY RICHARD H | 763 |
| May 2, 2025 | GRIFFITH JAMES W | 763 |
| May 2, 2025 | STROBEL PAMELA B | 763 |
| May 2, 2025 | SANTI ERNEST SCOTT | 1,938 |
| May 2, 2025 | Brutto Daniel J | 763 |
| May 2, 2025 | SMITH DAVID BYRON JR | 922 |
| May 2, 2025 | Ford Darrell L | 907 |
| May 2, 2025 | Henderson Jay L | 763 |
| May 2, 2025 | IRICK JAIME A | 763 |
| May 2, 2025 | Grier Kelly J | 763 |
| Mar 7, 2025 | Larsen Michael M | 41K |
| Mar 7, 2025 | O'HERLIHY CHRISTOPHER A | 48K |
| Feb 20, 2025 | SANTI ERNEST SCOTT | 143K |
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
The chart, in numbers
| Flow | Shares |
|---|---|
| From holdings | 48K |
| Granted | 11K |
| Vested / exercised | 270K |
| Bought on market | 7,515 |
| Other in | 5,990 |
| Withheld for tax | 15K |
| Discretionary sales | 232K |
| Gifts | 7,743 |
| Other out | 88K |
Skin in the game
Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
The chart, in numbers
| Insider | Start of the window | Latest reported | Indexed, start = 100 |
|---|---|---|---|
| SANTI ERNEST SCOTT | 203K | 266K | 131.2 |
| O'HERLIHY CHRISTOPHER A | 40K | 60K | 148.6 |
| CROWN SUSAN | 54K | 59K | 109.6 |
| Larsen Michael M | 37K | 55K | 149.1 |
| SMITH DAVID BYRON JR | 117K | 30K | 25.9 |
Who holds what
the 14 largest holdings of 27| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| SANTI ERNEST SCOTT Executive V.P. Last trade Aug 19, 2026 | Officer | 309K | – | $61M | net selling over the year: 0 months buying, 2 months selling | Aug 19, 2026 |
| O'HERLIHY CHRISTOPHER A President & CEO Last trade Mar 7, 2025 | CEO | 62K | – | – | Mar 7, 2025 | |
| CROWN SUSAN Last trade Feb 16, 2010 | Director | 59K | – | – | Feb 16, 2010 | |
| Larsen Michael M SVP & CFO Last trade Mar 7, 2025 | CFO | 57K | – | – | Mar 7, 2025 | |
| SMITH DAVID BYRON JR Last trade Dec 10, 2025 | Director | 43K | $1.7M | – | net buying over the year: 1 month buying, 0 months selling | Dec 10, 2025 |
| STROBEL PAMELA B Last trade Nov 5, 2025 | Director | 39K | – | $373K | net selling over the year: 0 months buying, 1 month selling | Nov 5, 2025 |
| Lawler Mary Katherine SVP & Chief HR Officer Last trade Feb 6, 2026 | Officer | 32K | – | $5.0M | net selling over the year: 0 months buying, 1 month selling | Feb 6, 2026 |
| Henderson Jay L Last trade Nov 10, 2021 | Director | 25K | – | – | Nov 10, 2021 | |
| GRIFFITH JAMES W Last trade Aug 29, 2014 | Director | 24K | – | – | Aug 29, 2014 | |
| Brutto Daniel J | Director | 24K | – | – | – | |
| LENNY RICHARD H Last trade May 6, 2020 | Director | 22K | – | – | May 6, 2020 | |
| Zimmerman Michael R. Executive Vice President Last trade Nov 9, 2020 | Officer | 18K | – | – | Nov 9, 2020 | |
| SCHEUNEMAN RANDALL J VP & Chief Accounting Officer Last trade Sep 11, 2025 | Officer | 11K | – | – | Sep 11, 2025 | |
| Szafranski Sharon Executive Vice President Last trade Feb 12, 2024 | Officer | 9,294 | – | – | Feb 12, 2024 |
Open-market trade log
the 60 most recent of 1,130| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Aug 19, 2026 | SANTI ERNEST SCOTT (Director) 1,890 shares $289.19 −0.3% since trade filed Aug 21, 2026 | Discretionary sale | 1,890 | $289.19 | $547K | −0.3% | Aug 21, 2026 |
| Aug 19, 2026 | SANTI ERNEST SCOTT (Director) 8,142 shares $287.35 +0.3% since trade filed Aug 21, 2026 | Discretionary sale | 8,142 | $287.35 | $2.3M | +0.3% | Aug 21, 2026 |
| Aug 19, 2026 | SANTI ERNEST SCOTT (Director) 8,928 shares $288.22 +0.0% since trade filed Aug 21, 2026 | Discretionary sale | 8,928 | $288.22 | $2.6M | +0.0% | Aug 21, 2026 |
| Aug 19, 2026 | SANTI ERNEST SCOTT (Director) 22K shares $286.37 +0.7% since trade filed Aug 21, 2026 | Discretionary sale | 22K | $286.37 | $6.4M | +0.7% | Aug 21, 2026 |
| Aug 13, 2026 | Pigozzo Matteo C. (Officer) 277 shares $289.22 −0.4% since trade filed Aug 17, 2026 | Discretionary sale | 277 | $289.22 | $80K | −0.4% | Aug 17, 2026 |
| Jun 2, 2026 | Scanlon Jennifer F. (Director) 806 shares $247.99 +16.2% since trade filed Jun 4, 2026 | Open-market buy | 806 | $247.99 | $200K | +16.2% | Jun 4, 2026 |
| Feb 6, 2026 | Lawler Mary Katherine (Officer) 17K shares $291.90 −1.3% since trade filed Feb 10, 2026 | Discretionary sale | 17K | $291.90 | $5.0M | −1.3% | Feb 10, 2026 |
| Feb 5, 2026 | Beck Axel (Officer) 4,223 shares $290.22 −0.7% since trade filed Feb 9, 2026 | Discretionary sale | 4,223 | $290.22 | $1.2M | −0.7% | Feb 9, 2026 |
| Feb 4, 2026 | SANTI ERNEST SCOTT (Director) 3,931 shares $293.43 −1.8% since trade filed Feb 6, 2026 | Discretionary sale | 3,931 | $293.43 | $1.2M | −1.8% | Feb 6, 2026 |
| Feb 4, 2026 | SANTI ERNEST SCOTT (Director) 18K shares $289.85 −0.6% since trade filed Feb 6, 2026 | Discretionary sale | 18K | $289.85 | $5.2M | −0.6% | Feb 6, 2026 |
| Feb 4, 2026 | SANTI ERNEST SCOTT (Director) 19K shares $291.90 −1.3% since trade filed Feb 6, 2026 | Discretionary sale | 19K | $291.90 | $5.7M | −1.3% | Feb 6, 2026 |
| Feb 4, 2026 | SANTI ERNEST SCOTT (Director) 21K shares $290.65 −0.8% since trade filed Feb 6, 2026 | Discretionary sale | 21K | $290.65 | $6.1M | −0.8% | Feb 6, 2026 |
| Feb 4, 2026 | SANTI ERNEST SCOTT (Director) 48K shares $288.72 −0.2% since trade filed Feb 6, 2026 | Discretionary sale | 48K | $288.72 | $14M | −0.2% | Feb 6, 2026 |
| Feb 4, 2026 | SANTI ERNEST SCOTT (Director) 57K shares $292.72 −1.5% since trade filed Feb 6, 2026 | Discretionary sale | 57K | $292.72 | $17M | −1.5% | Feb 6, 2026 |
| Dec 10, 2025 | SMITH DAVID BYRON JR (Director) 6,709 shares $250.13 +15.2% since trade filed Dec 12, 2025 | Open-market buy | 6,709 | $250.13 | $1.7M | +15.2% | Dec 12, 2025 |
| Nov 5, 2025 | STROBEL PAMELA B (Director) 1,521 shares $245.25 +17.5% since trade filed Nov 7, 2025 | Discretionary sale | 1,521 | $245.25 | $373K | +17.5% | Nov 7, 2025 |
| Sep 11, 2025 | SCHEUNEMAN RANDALL J (Officer) 6,802 shares $265.08 +8.7% since trade filed Sep 15, 2025 | Discretionary sale | 6,802 | $265.08 | $1.8M | +8.7% | Sep 15, 2025 |
| Jun 2, 2025 | SMITH DAVID BYRON JR (Director) 872 shares $241.16 +19.5% since trade filed Jun 4, 2025 | Open-market buy | 872 | $241.16 | $210K | +19.5% | Jun 4, 2025 |
| Mar 7, 2025 | Larsen Michael M (CFO) 11K shares $270.52 +6.5% since trade filed Mar 11, 2025 | Discretionary sale | 11K | $270.52 | $3.1M | +6.5% | Mar 11, 2025 |
| Mar 7, 2025 | Larsen Michael M (CFO) 30K shares $271.53 +6.2% since trade filed Mar 11, 2025 | Discretionary sale | 30K | $271.53 | $8.2M | +6.2% | Mar 11, 2025 |
| Mar 7, 2025 | O'HERLIHY CHRISTOPHER A (CEO) 5,436 shares $275.11 +4.8% since trade filed Mar 11, 2025 | Discretionary sale | 5,436 | $275.11 | $1.5M | +4.8% | Mar 11, 2025 |
| Mar 7, 2025 | O'HERLIHY CHRISTOPHER A (CEO) 43K shares $274.27 +5.1% since trade filed Mar 11, 2025 | Discretionary sale | 43K | $274.27 | $12M | +5.1% | Mar 11, 2025 |
| Feb 20, 2025 | SANTI ERNEST SCOTT (Director) 9,089 shares $263.60 +9.3% since trade filed Feb 24, 2025 | Discretionary sale | 9,089 | $263.60 | $2.4M | +9.3% | Feb 24, 2025 |
| Feb 20, 2025 | SANTI ERNEST SCOTT (Director) 16K shares $265.44 +8.6% since trade filed Feb 24, 2025 | Discretionary sale | 16K | $265.44 | $4.3M | +8.6% | Feb 24, 2025 |
| Feb 20, 2025 | SANTI ERNEST SCOTT (Director) 48K shares $264.61 +8.9% since trade filed Feb 24, 2025 | Discretionary sale | 48K | $264.61 | $13M | +8.9% | Feb 24, 2025 |
| Feb 19, 2025 | SANTI ERNEST SCOTT (Director) 6,545 shares $262.20 +9.9% since trade filed Feb 21, 2025 | Discretionary sale | 6,545 | $262.20 | $1.7M | +9.9% | Feb 21, 2025 |
| Feb 19, 2025 | SANTI ERNEST SCOTT (Director) 26K shares $263.88 +9.2% since trade filed Feb 21, 2025 | Discretionary sale | 26K | $263.88 | $7.0M | +9.2% | Feb 21, 2025 |
| Feb 19, 2025 | SANTI ERNEST SCOTT (Director) 37K shares $263.08 +9.6% since trade filed Feb 21, 2025 | Discretionary sale | 37K | $263.08 | $9.8M | +9.6% | Feb 21, 2025 |
| Dec 9, 2024 | SMITH DAVID BYRON JR (Director) 635 shares $275.20 +4.7% since trade filed Dec 11, 2024 | Open-market buy | 635 | $275.20 | $175K | +4.7% | Dec 11, 2024 |
| Nov 6, 2024 | Lawler Mary Katherine (Officer) 12K shares $272.95 +5.6% since trade filed Nov 8, 2024 | Discretionary sale | 12K | $272.95 | $3.2M | +5.6% | Nov 8, 2024 |
| Jun 13, 2024 | SMITH DAVID BYRON JR (Director) 775 shares $238.82 +20.7% since trade filed Jun 17, 2024 | Open-market buy | 775 | $238.82 | $185K | +20.7% | Jun 17, 2024 |
| Mar 14, 2024 | Larsen Michael M (CFO) 37K shares $265.06 +8.7% since trade filed Mar 18, 2024 | Discretionary sale | 37K | $265.06 | $9.9M | +8.7% | Mar 18, 2024 |
| Feb 28, 2024 | Lawler Mary Katherine (Officer) 12K shares $262.40 +9.8% since trade filed Mar 1, 2024 | Discretionary sale | 12K | $262.40 | $3.1M | +9.8% | Mar 1, 2024 |
| Feb 12, 2024 | SANTI ERNEST SCOTT (Officer) 11K shares $256.86 +12.2% since trade filed Feb 14, 2024 | Discretionary sale | 11K | $256.86 | $2.9M | +12.2% | Feb 14, 2024 |
| Feb 12, 2024 | SANTI ERNEST SCOTT (Officer) 12K shares $255.16 +13.0% since trade filed Feb 14, 2024 | Discretionary sale | 12K | $255.16 | $3.1M | +13.0% | Feb 14, 2024 |
| Feb 12, 2024 | SANTI ERNEST SCOTT (Officer) 22K shares $256.26 +12.5% since trade filed Feb 14, 2024 | Discretionary sale | 22K | $256.26 | $5.7M | +12.5% | Feb 14, 2024 |
| Feb 12, 2024 | SCHEUNEMAN RANDALL J (Officer) 5,827 shares $256.29 +12.5% since trade filed Feb 14, 2024 | Discretionary sale | 5,827 | $256.29 | $1.5M | +12.5% | Feb 14, 2024 |
| Feb 12, 2024 | Szafranski Sharon (Officer) 801 shares $256.42 +12.4% since trade filed Feb 14, 2024 | Discretionary sale | 801 | $256.42 | $205K | +12.4% | Feb 14, 2024 |
| Feb 7, 2024 | SANTI ERNEST SCOTT (Officer) 1,100 shares $256.72 +12.3% since trade filed Feb 9, 2024 | Discretionary sale | 1,100 | $256.72 | $282K | +12.3% | Feb 9, 2024 |
| Feb 7, 2024 | SANTI ERNEST SCOTT (Officer) 11K shares $256.16 +12.5% since trade filed Feb 9, 2024 | Discretionary sale | 11K | $256.16 | $2.9M | +12.5% | Feb 9, 2024 |
| Feb 7, 2024 | SANTI ERNEST SCOTT (Officer) 15K shares $254.03 +13.5% since trade filed Feb 9, 2024 | Discretionary sale | 15K | $254.03 | $3.8M | +13.5% | Feb 9, 2024 |
| Feb 7, 2024 | SANTI ERNEST SCOTT (Officer) 23K shares $255.24 +12.9% since trade filed Feb 9, 2024 | Discretionary sale | 23K | $255.24 | $5.8M | +12.9% | Feb 9, 2024 |
| Feb 6, 2024 | SANTI ERNEST SCOTT (Officer) 544 shares $255.66 +12.7% since trade filed Feb 8, 2024 | Discretionary sale | 544 | $255.66 | $139K | +12.7% | Feb 8, 2024 |
| Feb 6, 2024 | SANTI ERNEST SCOTT (Officer) 8,191 shares $253.12 +13.9% since trade filed Feb 8, 2024 | Discretionary sale | 8,191 | $253.12 | $2.1M | +13.9% | Feb 8, 2024 |
| Feb 6, 2024 | SANTI ERNEST SCOTT (Officer) 15K shares $254.38 +13.3% since trade filed Feb 8, 2024 | Discretionary sale | 15K | $254.38 | $3.7M | +13.3% | Feb 8, 2024 |
| Feb 6, 2024 | SANTI ERNEST SCOTT (Officer) 27K shares $254.85 +13.1% since trade filed Feb 8, 2024 | Discretionary sale | 27K | $254.85 | $6.8M | +13.1% | Feb 8, 2024 |
| Feb 2, 2024 | SANTI ERNEST SCOTT (Officer) 2,373 shares $256.13 +12.5% since trade filed Feb 6, 2024 | Discretionary sale | 2,373 | $256.13 | $608K | +12.5% | Feb 6, 2024 |
| Feb 2, 2024 | SANTI ERNEST SCOTT (Officer) 9,961 shares $253.70 +13.6% since trade filed Feb 6, 2024 | Discretionary sale | 9,961 | $253.70 | $2.5M | +13.6% | Feb 6, 2024 |
| Feb 2, 2024 | SANTI ERNEST SCOTT (Officer) 17K shares $254.35 +13.3% since trade filed Feb 6, 2024 | Discretionary sale | 17K | $254.35 | $4.4M | +13.3% | Feb 6, 2024 |
| Feb 2, 2024 | SANTI ERNEST SCOTT (Officer) 20K shares $255.64 +12.7% since trade filed Feb 6, 2024 | Discretionary sale | 20K | $255.64 | $5.2M | +12.7% | Feb 6, 2024 |
| Nov 30, 2023 | SMITH DAVID BYRON JR (Director) 1,000 shares $241.79 +19.2% since trade filed Dec 1, 2023 | Open-market buy | 1,000 | $241.79 | $242K | +19.2% | Dec 1, 2023 |
| Jun 12, 2023 | SCHEUNEMAN RANDALL J (Officer) 5,425 shares $239.23 +20.5% since trade filed Jun 14, 2023 | Discretionary sale | 5,425 | $239.23 | $1.3M | +20.5% | Jun 14, 2023 |
| Feb 3, 2023 | SANTI ERNEST SCOTT (CEO) 8,747 shares $249.20 +15.7% since trade filed Feb 7, 2023 | Discretionary sale | 8,747 | $249.20 | $2.2M | +15.7% | Feb 7, 2023 |
| Feb 3, 2023 | SANTI ERNEST SCOTT (CEO) 17K shares $248.41 +16.0% since trade filed Feb 7, 2023 | Discretionary sale | 17K | $248.41 | $4.3M | +16.0% | Feb 7, 2023 |
| Feb 3, 2023 | SANTI ERNEST SCOTT (CEO) 18K shares $247.71 +16.4% since trade filed Feb 7, 2023 | Discretionary sale | 18K | $247.71 | $4.6M | +16.4% | Feb 7, 2023 |
| Feb 3, 2023 | SANTI ERNEST SCOTT (CEO) 72K shares $246.40 +17.0% since trade filed Feb 7, 2023 | Discretionary sale | 72K | $246.40 | $18M | +17.0% | Feb 7, 2023 |
| Feb 3, 2023 | SANTI ERNEST SCOTT (CEO) 119K shares $245.49 +17.4% since trade filed Feb 7, 2023 | Discretionary sale | 119K | $245.49 | $29M | +17.4% | Feb 7, 2023 |
| Feb 3, 2023 | O'HERLIHY CHRISTOPHER A (Officer) 2,971 shares $249.14 +15.7% since trade filed Feb 7, 2023 | Discretionary sale | 2,971 | $249.14 | $740K | +15.7% | Feb 7, 2023 |
| Feb 3, 2023 | O'HERLIHY CHRISTOPHER A (Officer) 4,363 shares $247.18 +16.6% since trade filed Feb 7, 2023 | Discretionary sale | 4,363 | $247.18 | $1.1M | +16.6% | Feb 7, 2023 |
| Feb 3, 2023 | O'HERLIHY CHRISTOPHER A (Officer) 5,834 shares $248.13 +16.2% since trade filed Feb 7, 2023 | Discretionary sale | 5,834 | $248.13 | $1.4M | +16.2% | Feb 7, 2023 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.