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Insider Trends: Illinois Tool Works Insider Granted Stock Award, Extends Buy Trend

05/11/2021 13:14

04:58 PM EDT, 05/11/2021 (MT Newswires) -- Richard H Lenny, Director, was awarded 713 Illinois Tool Works (ITW) shares May 07, 2021 which had an approximate daily closing price value of $170,450. Lenny, after the transactions detailed in the SEC Form 4 filing, owns 16,366 company shares, with a market value, based on the prior-day closing price, of $3.91 million.

Over the last 90 days, previous to the date of this filing, there have been 38 insider transactions reported to the SEC for Illinois Tool Works. These transactions came from the activities of 17 separate insiders that resulted in a net acquisition of 26,975 company shares. Relative to the preceding 90-day window of time, there were 6 transactions from 5 insiders and resulted in the net acquisition of 450 shares.

This level of insider transactions is lower than the peer group average in the 27-company Industrial Conglomerates peer group over the last 90-day period. Within the peer group activity averaged 84.6 transactions per company, with company insiders acquiring on average 286,043 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/49826/000004982621000034/xslF345X03/wf-form4_162076656463305.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.