Harold B. Smith, Director at ILLINOIS TOOL WORKS INC (ITW), sold 300,000 shares at $36.62 ($11.1M) on 2009-06-17, disclosed to the SEC on 2009-06-18.
Seasonal sale ($11.1M) by Director — this insider has traded ITW in June in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $37.30 | 100,000 | $3.7M | 33.7% |
| 2 | $36.62 | 200,000 | $7.3M | 66.3% |
| Total | $36.85 avg | 300,000 | $11.1M | 100% |
| Filing → |
| ITW | SELL | 2009-11-20 | $14.9M | — | Filing → |
| ITW | SELL | 2009-10-22 | $4.9M | — | Filing → |
| ITW | SELL | 2009-09-18 | $4.4M | — | Filing → |