Last updated: 14 February 2024 at 4:33pm EST

Michael Zimmerman Net Worth




The estimated Net Worth of Michael R. Zimmerman is at least $4.38 Million dollars as of 12 February 2024. Mr. Zimmerman owns over 4,803 units of Illinois Tool Works stock worth over $4,377,194 and over the last 10 years he sold ITW stock worth over $0. In addition, he makes $0 as Executive Vice President at Illinois Tool Works.

Mr. Zimmerman ITW stock SEC Form 4 insiders trading

Michael has made over 19 trades of the Illinois Tool Works stock since 2015, according to the Form 4 filled with the SEC. Most recently he exercised 4,803 units of ITW stock worth $1,186,437 on 12 February 2024.

The largest trade he's ever made was exercising 15,817 units of Illinois Tool Works stock on 9 November 2020 worth over $1,453,266. On average, Michael trades about 4,196 units every 137 days since 2015. As of 12 February 2024 he still owns at least 17,720 units of Illinois Tool Works stock.

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





Michael Zimmerman biography

Michael R. Zimmerman is Executive Vice President of Illinois Tool Works Inc. Mr. Zimmerman was elected Executive Vice President in 2015. Prior to that, he held various management positions of increasing responsibility. Most recently, he served as Group President of the welding businesses since 2010.



How old is Michael Zimmerman?

Michael Zimmerman is 59, he's been the Executive Vice President of Illinois Tool Works since 2015. There are 10 older and 17 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 Michael Zimmerman's mailing address?

Michael's mailing address filed with the SEC is ILLINOIS TOOL WORKS INC., 155 HARLEM AVENUE, GLENVIEW, IL, 60025.

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. Zimmerman stock trades at Illinois Tool Works

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
12 Feb 2024 Michael R. Zimmerman
Executive Vice President
Option 4,803 $256.42 $1,231,585
12 Feb 2024
17,720
14 Feb 2023 Michael R. Zimmerman
Executive Vice President
Option 2,140 $238.05 $509,427
14 Feb 2023
13,752
15 Feb 2022 Michael R. Zimmerman
Executive Vice President
Option 2,199 $219.74 $483,208
15 Feb 2022
12,508
12 Feb 2021 Michael R. Zimmerman
Executive Vice President
Option 1,554 $200.98 $312,323
12 Feb 2021
10,786
9 Nov 2020 Michael R. Zimmerman
Executive Vice President
Option 15,817 $91.88 $1,453,266
9 Nov 2020
25,049
20 Aug 2020 Michael R. Zimmerman
Executive Vice President
Option 13,362 $98.26 $1,312,950
20 Aug 2020
22,594
14 Feb 2020 Michael R. Zimmerman
Executive Vice President
Option 3,202 $187.86 $601,528
14 Feb 2020
10,192
25 Oct 2019 Michael R. Zimmerman
Executive Vice President
Option 6,600 $78.59 $518,694
25 Oct 2019
13,590
25 Jul 2019 Michael R. Zimmerman
Executive Vice President
Option 9,325 $63.25 $589,806
25 Jul 2019
16,315
15 Feb 2019 Michael R. Zimmerman
Executive Vice President
Option 3,446 $144.21 $496,948
15 Feb 2019
8,027
15 Feb 2018 Michael R. Zimmerman
Executive Vice President
Option 2,798 $163.36 $457,081
15 Feb 2018
5,424
24 Apr 2017 Michael R. Zimmerman
Executive Vice President
Option 5,000 $55.71 $278,550
24 Apr 2017
7,626
27 Feb 2017 Michael R. Zimmerman
Executive Vice President
Option 5,017 $55.71 $279,497
27 Feb 2017
7,643
14 Feb 2017 Michael R. Zimmerman
Executive Vice President
Option 1,272 $129.60 $164,851
14 Feb 2017
3,050
22 Nov 2016 Michael R. Zimmerman
Executive Vice President
Option 9,238 $55.81 $515,573
22 Nov 2016
11,016
22 Nov 2016 Michael R. Zimmerman
Executive Vice President
Option 9,238 $55.81 $515,573
22 Nov 2016
11,016
12 Feb 2016 Michael R. Zimmerman
Executive Vice President
Option 1,449 $91.88 $133,134
12 Feb 2016
2,266
22 May 2015 Michael R. Zimmerman
Executive Vice President
Option 3,000 $49.54 $148,620
22 May 2015
2,817
10 Feb 2015 Michael R. Zimmerman
Executive Vice President
Option 1,239 $97.05 $120,245
10 Feb 2015
1,239


Illinois Tool Works executives and stock owners

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