Schott Jennifer Kaplan, SVP, GC, SECY, reported a transaction classified as withholding at ILLINOIS TOOL WORKS INC involving 465.000000 shares for an estimated $120941.85. Reported holdings after the transaction were 2382.000000 shares. A 10b5-1 reference was not detected in the stored filing text.
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SVP, General Counsel & Secy.
Common stock acquired upon vesting of Performance Share Units (PSUs) and accrued dividends thereon, following certification of performance metrics.
Each performance share unit (PSU) represents a contingent right to receive one share of the Company's common stock.
PSUs vested and became payable on February 13, 2025.
Options vest in four (4) equal annual installments beginning one year from date of grant.
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