Harold B. Smith, Director at ILLINOIS TOOL WORKS INC (ITW), sold 200,500 shares at $48.84 ($9.8M) on 2009-12-16, disclosed to the SEC on 2009-12-17.
Seasonal sale ($9.8M) by Director — this insider has traded ITW in December in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $48.99 | 125,000 | $6.1M | 62.4% |
| 2 | $48.84 | 75,000 | $3.7M | 37.3% |
| 3 | $48.01 | 500 | $24K | 0.2% |
| Total | $48.93 avg | 200,500 | $9.8M | 100% |
| Filing → |
| ITW | SELL | 2009-10-22 | $4.9M | — | Filing → |
| ITW | SELL | 2009-09-18 | $4.4M | — | Filing → |
| ITW | SELL | 2009-08-25 | $8.5M | — | Filing → |