SANTI ERNEST SCOTT

Santi Ernest Scott has been an active participant in insider transactions across two companies, Illinois Tool Works (ITW) and W.W. Grainger (GWW), with a clear bias toward selling over the past year. Of Scott’s 51 total trades, recent filings show a pronounced sell-off, with 12 disposals and no buys since late 2025. The bulk of the activity has centered on ITW, where Scott executed multiple high-value sales in February 2026, including a single-day liquidation totaling $24.1 million on February 4 across six transactions, the largest being a $13.8 million disposal. Earlier, in February 2025, Scott offloaded another $29.2 million in ITW shares over two days. By contrast, acquisitions have been minimal—primarily small, periodic purchases of ITW and GWW shares, such as $34,999 in ITW stock on February 6, 2026, and $24,039 in GWW shares on March 1, 2026. Overall, Scott’s trading history reveals a net seller, with total sales exceeding $144.9 million against $72.9 million in buys. The pattern suggests a strategic reduction in exposure to ITW, with sporadic, smaller-scale acquisitions likely tied to routine equity awards or reinvestment. The absence of recent buying activity, coupled with concentrated disposals at ITW, points to a deliberate unwinding of positions in that holding, while maintaining nominal stakes in GWW through minor periodic purchases. The transactions lack any clear seasonal or price-linked consistency, focusing instead on large, intermittent sell-offs.