Last updated: 4 September 2024 at 9:45pm EST

Ernest Santi Net Worth




The estimated Net Worth of Ernest Scott Santi is at least $81.7 Million dollars as of 12 February 2024. Mr. Santi owns over 92,947 units of Illinois Tool Works stock worth over $66,272,008 and over the last 20 years he sold ITW stock worth over $6,272. In addition, he makes $15,440,300 as Chairman of the Board and Chief Executive Officer at Illinois Tool Works.

Mr. Santi ITW stock SEC Form 4 insiders trading

Ernest has made over 42 trades of the Illinois Tool Works stock since 2006, according to the Form 4 filled with the SEC. Most recently he exercised 92,947 units of ITW stock worth $5,846,366 on 12 February 2024.

The largest trade he's ever made was exercising 235,656 units of Illinois Tool Works stock on 3 February 2023 worth over $21,880,660. On average, Ernest trades about 16,148 units every 45 days since 2004. As of 12 February 2024 he still owns at least 268,286 units of Illinois Tool Works stock.

You can see the complete history of Mr. Santi stock trades at the bottom of the page.





Ernest Santi biography

Ernest Scott Santi serves as Chairman of the Board, Chief Executive Officer of Illinois Tool Works Inc. Mr. Santi has served as Chairman of ITW since May 2015 and as Chief Executive Officer since November 2012. He served as President and Chief Executive Officer of ITW from November 2012 to May 2015 and as President and Chief Operating Officer from October to November 2012. Prior thereto, he served as Vice Chairman from December 2008 to October 2012 and Executive Vice President from October 2004 to December 2008. Mr. Santi also serves on the boards of numerous civic and not-for-profit organizations. He has served as a director of ITW since November 2012 and currently serves as a director of W.W. Grainger, Inc. He has not served as a director of any other publicly traded company in the last five years.

What is the salary of Ernest Santi?

As the Chairman of the Board and Chief Executive Officer of Illinois Tool Works, the total compensation of Ernest Santi at Illinois Tool Works is $15,440,300. There are no executives at Illinois Tool Works getting paid more.



How old is Ernest Santi?

Ernest Santi is 58, he's been the Chairman of the Board and Chief Executive Officer of Illinois Tool Works since 2015. There are 13 older and 16 younger executives at Illinois Tool Works. The oldest executive at Illinois Tool Works, Inc. is Richard Lenny, 68, who is the Lead Independent Director.

What's Ernest Santi's mailing address?

Ernest's mailing address filed with the SEC is 100 GRAINGER PARKWAY, , LAKE FOREST, IL, 60045.

Insiders trading at Illinois Tool Works

Over the last 22 years, insiders at Illinois Tool Works have traded over $720,639,773 worth of Illinois Tool Works stock and bought 66,824 units worth $8,173,693 . The most active insiders traders include Harold B Smith, Robert C Mccormack, and Don H Jr Davis. On average, Illinois Tool Works executives and independent directors trade stock every 13 days with the average trade being worth of $9,733,576. The most recent stock trade was executed by Jennifer Kaplan Schott on 1 September 2024, trading 1,854 units of ITW stock currently worth $457,975.



What does Illinois Tool Works do?

Illinois Tool Works Inc. is a manufacturer of a range of industrial products and equipment. Their segments include Automotive OEM, Food Equipment, Test & Measurement and Electronics



What does Illinois Tool Works's logo look like?

Illinois Tool Works, Inc. logo

Complete history of Mr. Santi stock trades at Illinois Tool Works and W.W. Grainger

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
12 Feb 2024 Ernest Scott Santi
Chairman
Option 92,947 $62.90 $5,846,366
12 Feb 2024
268,286
7 Feb 2024 Ernest Scott Santi
Chairman
Option 50,000 $128.00 $6,400,000
7 Feb 2024
271,015
6 Feb 2024 Ernest Scott Santi
Chairman
Option 50,000 $128.00 $6,400,000
6 Feb 2024
271,015
2 Feb 2024 Ernest Scott Santi
Chairman
Option 50,000 $128.00 $6,400,000
2 Feb 2024
271,015
14 Feb 2023 Ernest Scott Santi
Chairman
Option 20,968 $238.05 $4,991,432
14 Feb 2023
234,506
3 Feb 2023 Ernest Scott Santi
Chairman
Option 235,656 $92.85 $21,880,660
3 Feb 2023
449,194
15 Feb 2022 Ernest Scott Santi
Chairman
Option 23,010 $219.74 $5,056,217
15 Feb 2022
226,042
4 Feb 2022 Ernest Scott Santi
Chairman
Option 148,789 $98.26 $14,620,007
4 Feb 2022
351,821
24 Feb 2021 Ernest Scott Santi
Chairman
Option 124,189 $78.59 $9,760,014
24 Feb 2021
329,431
12 Feb 2021 Ernest Scott Santi
Chairman
Option 16,289 $200.98 $3,273,763
12 Feb 2021
212,459
10 Feb 2021 Ernest Scott Santi
Chairman
Option 100,233 $78.59 $7,877,311
10 Feb 2021
197,401
2 Nov 2020 Ernest Scott Santi
Chairman
Option 152,594 $63.25 $9,651,571
2 Nov 2020
290,373
6 May 2020 Ernest Scott Santi
Chairman
Buy 6,300 $158.42 $998,046
6 May 2020
141,994
14 Feb 2020 Ernest Scott Santi
Chairman
Option 32,033 $187.86 $6,017,719
14 Feb 2020
149,067
28 Oct 2019 Ernest Scott Santi
Chairman
Option 152,594 $63.25 $9,651,571
28 Oct 2019
119,629
15 Feb 2019 Ernest Scott Santi
Chairman
Option 32,651 $144.21 $4,708,601
15 Feb 2019
133,800
12 Dec 2018 Ernest Scott Santi
Chairman
Option 108,885 $55.71 $6,065,983
12 Dec 2018
119,849
15 Feb 2018 Ernest Scott Santi
Chairman
Option 29,004 $163.36 $4,738,093
15 Feb 2018
116,569
11 May 2017 Ernest Scott Santi
Chairman
Option 101,297 $55.81 $5,653,386
11 May 2017
90,045
14 Feb 2017 Ernest Scott Santi
Chairman
Option 32,446 $129.60 $4,205,002
14 Feb 2017
103,647
15 Aug 2016 Ernest Scott Santi
Chairman
Sale 25 $125.44 $3,136
15 Aug 2016
71,201
15 Aug 2016 Ernest Scott Santi
Chairman
Sale 25 $125.44 $3,136
15 Aug 2016
71,201
23 Jun 2016 Ernest Scott Santi
Chairman
Option 74,077 $43.64 $3,232,720
23 Jun 2016
150,003
12 Feb 2016 Ernest Scott Santi
Chairman
Option 35,573 $91.88 $3,268,447
12 Feb 2016
90,563
9 Mar 2015 Ernest Scott Santi
Chairman
Option 74,077 $43.64 $3,232,720
9 Mar 2015
131,456
13 Feb 2015 Ernest Scott Santi
Chairman
Option 13,463 $98.26 $1,322,874
13 Feb 2015
62,025
11 Feb 2015 Ernest Scott Santi
Chairman
Buy 11 $96.86 $1,065
11 Feb 2015
54,990
6 Nov 2014 Ernest Scott Santi
Chairman
Option 80,000 $48.51 $3,880,800
6 Nov 2014
130,792
14 Feb 2014 Ernest Scott Santi
Chairman
Option 13,438 $78.59 $1,056,092
14 Feb 2014
55,243
6 Dec 2013 Ernest Scott Santi
Chairman
Option 46,250 $35.12 $1,624,300
6 Dec 2013
88,055
2 Aug 2013 Ernest Scott Santi
Chairman
Option 46,250 $35.12 $1,624,300
2 Aug 2013
88,055
14 Jun 2013 Ernest Scott Santi
Chairman
Option 46,250 $35.12 $1,624,300
14 Jun 2013
88,055
15 Feb 2013 Ernest Scott Santi
Chairman
Option 16,279 $63.25 $1,029,647
15 Feb 2013
47,129
3 Dec 2012 Ernest Scott Santi
Chairman
Option 80,000 $51.60 $4,128,000
3 Dec 2012
111,015
29 May 2012 Ernest Scott Santi
Chairman
Option 60,000 $47.13 $2,827,800
29 May 2012
60,000
13 Feb 2012 Ernest Scott Santi
Chairman
Option 28,770 $55.95 $1,609,682
13 Feb 2012
42,132
28 Apr 2011 Ernest Scott Santi
Chairman
Option 70,000 $42.08 $2,945,600
28 Apr 2011
83,362
19 Nov 2009 Ernest Scott Santi
Chairman
Option 24,000 $31.13 $747,120
19 Nov 2009
27,062
21 Oct 2009 Ernest Scott Santi
Chairman
Option 16,640 $27.94 $464,922
21 Oct 2009
30,002
19 Jun 2007 Ernest Scott Santi
Chairman
Option 25,360 $30.21 $766,126
19 Jun 2007
22,049
21 Nov 2006 Ernest Scott Santi
Chairman
Option 10,000 $29.13 $291,300
21 Nov 2006
19,346
16 Mar 2006 Ernest Scott Santi
Chairman
Option 5,000 $54.62 $273,100
16 Mar 2006
9,673


Illinois Tool Works executives and stock owners

Illinois Tool Works executives and other stock owners filed with the SEC include: