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Insider Selling: Illinois Tool Works (NYSE:ITW) Director Sells 167,345 Shares of Stock
Ernest Scott Santi, a director at Illinois Tool Works (NYSE:ITW), sold 167,345 shares of company stock for approximately $48.69 million on February 4th, reducing his position by 39.27%. This sale occurred shortly after the company reported stronger-than-expected quarterly earnings and provided optimistic full-year 2026 EPS guidance, with the stock trading near its 52-week high.