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8-KThe WireRoutine

Shareholder Vote

Filed May 7, 2025 · 1y ago · Accession 0000049826-25-000023

Plain English

Material event — a significant development the company must disclose promptly.

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________________ FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): May 2, 2025 _________________________ ILLINOIS TOOL WORKS INC. (Exact name of registrant as specified in its charter) Delaware 1-4797 36-1258310 (State or other jurisdiction of incorporation) (Commission File No.) (I.R.S. Employer Identification No.) 155 Harlem Avenue Glenview IL 60025 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: 847 - 724-7500 Not Applicable (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock ITW New York Stock Exchange 0.625% Euro Notes due 2027 ITW27 New York Stock Exchange 3.250% Euro Notes due 2028 ITW28 New York Stock Exchange 2.125% Euro Notes due 2030 ITW30 New York Stock Exchange 1.00% Euro Notes due 2031 ITW31 New York Stock Exchange 3.375% Euro Notes due 2032 ITW32 New York Stock Exchange 3.00% Euro Notes due 2034 ITW34 New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company   ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐ Item 5.07. Submission of Matters to a Vote of Security Holders The annual meeting of the stockholders of Illinois Tool Works Inc. (the “Company”) was held on May 2, 2025 for the purposes of (i) electing the twelve director nominees named in the Company’s proxy statement for the meeting to hold office until the next annual meeting of stockholders; (ii) approving, on an advisory basis, a resolution relating to the compensation of the named executive officers as disclosed in the Company’s proxy statement; (iii) ratifying the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2025; and (iv) considering a non-binding stockholder proposal to require stockholder ratification of executive termination pay. All twelve nominees for director named in the Company’s proxy statement for the meeting were elected by the votes set forth below. Election of Directors FOR AGAINST ABSTAIN BROKER NON-VOTES Daniel J. Brutto 228,120,351  9,337,425  207,367  24,574,871  Susan Crown 225,259,250  12,102,261  303,632  24,574,871  Darrell L. Ford 230,200,253  6,971,325  493,565  24,574,871  Kelly J. Grier 236,465,559  999,118  200,466  24,574,871  James W. Griffith 225,157,607  12,154,450  353,086  24,574,871  Jay L. Henderson 235,326,601  2,129,449  209,093  24,574,871  Jaime Irick 236,073,833  1,391,553  199,757  24,574,871  Richard H. Lenny 226,576,834  10,730,408  357,901  24,574,871  Christoper A. O’Herlihy 233,575,050  3,888,082  202,011  24,574,871  E. Scott Santi 227,877,416  9,572,997  214,730  24,574,871  David B. Smith, Jr. 227,884,410  9,577,668  203,065  24,574,871  Pamela B. Strobel 219,623,886  14,832,169  3,209,088  24,574,871  The non-binding advisory vote on the compensation of the Company’s named executive officers as disclosed in the Company’s proxy statement for the meeting was approved by the vote set forth below. Advisory vote to approve executive compensation FOR AGAINST ABSTAIN BROKER NON-VOTES 224,310,353  11,344,577  2,010,213  24,574,871  The appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2025 was ratified by the vote set forth below. Ratification of independent registered public accounting firm FOR AGAINST ABSTAIN 250,455,004  11,555,787  229,223  The stockholder proposal to require stockholder ratification of executive termination pay was defeated by the vote set forth below. Stockholder proposal for stockholder ratification of executive termination pay FOR AGAINST ABSTAIN BROKER NON-VOTES 77,832,522  158,913,193  919,428  24,574,871  SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. ILLINOIS TOOL WORKS INC. Dated: May 7, 2025 By: /s/ Randall J. Scheuneman Name: Randall J. Scheuneman Title: Vice President & Chief Accounting Officer
Filing details
Ticker
ITW
CIK
49826
Form type
8-K
Filing date
May 7, 2025
Report date
May 2, 2025
Document
itw-20250502.htm
Size
271 KB