Fortive (NYSE: FTV) CFO reports EDIP phantom share accrual on Form 4

Q: What is the Executive Deferred Incentive Program (EDIP) Stock Fund at Fortive (FTV)?

The EDIP Stock Fund is part of Fortive’s Executive Deferred Incentive Program , where eligible executives hold phantom shares tied to Fortive common stock. Dividend equivalents are credited as notional dividend accruals , increasing the number of phantom shares based on the NYSE closing price on the credit date.

Q: How many EDIP phantom shares does the Fortive (FTV) executive hold after this transaction?

Following the reported notional dividend accrual of 1.63 phantom shares , the executive beneficially owns 1,510.78 derivative securities in the EDIP Stock Fund on a direct basis.

Q: At what price were the new Fortive (FTV) phantom shares credited in the EDIP?

The 1.63 phantom shares were credited using a reference price of $55.69 per share, which is the closing price of Fortive’s common stock on the NYSE on the date the dividend accruals were credited to the EDIP Stock Fund.

Q: How do Fortive (FTV) EDIP phantom shares convert into common stock?

The filing states that the notional shares convert on a one-to-one basis into Fortive common stock. Upon termination of employment, the vested portion of the EDIP Stock Fund is settled in Fortive common stock in line with the plan’s terms.

Q: What are the vesting conditions for Fortive (FTV) EDIP contributions?

The reporting person immediately vests in 100% of each voluntary contribution to the EDIP Stock Fund. Issuer contributions vest 100% upon the earlier of death, retirement after at least 5 years of service and age 55 , or at a rate of one-tenth per year of participation after five years of participation, as described in the EDIP.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Fortive Corp’s senior finance executive reported a small increase in deferred phantom stock units under the company’s Executive Deferred Incentive Program (EDIP). On December 26, 2025, the officer serving as SVP – Chief Financial Officer acquired 1.63 EDIP Stock Fund units, each linked one-for-one to Fortive common stock, at a reference price of $55.69 per share. After this notional dividend accrual, the executive holds 1,510.78 derivative units directly in the EDIP stock fund.

The filing explains that these units are phantom shares created by reinvested dividend equivalents, not an open-market stock purchase. The notional shares convert one-to-one into Fortive common stock, with vesting based on service and age conditions. Upon termination of employment, the vested EDIP balance is settled in Fortive common stock according to the plan’s terms.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Okerstrom Mark D

Role SVP - Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Executive Deferred Incentive Program - Fortive Stock Fund	1.63	$55.69	$90.77

Holdings After Transaction: Executive Deferred Incentive Program - Fortive Stock Fund — 1,510.78 shares (Direct)

Footnotes (1)

The reported securities are notional dividend accruals on phantom shares in the Fortive stock fund (the "EDIP Stock Fund") under Fortive's Executive Deferred Incentive Program (the "EDIP"). The number of phantom shares accrued as a result of such notional dividend accruals is based on the closing price of the Issuer's common stock as reported on the NYSE on the date such dividend accruals are credited to the EDIP Stock Fund, which is the price shown in Table II, Column 8 above. The notional shares convert on a one-to-one basis. The Reporting Person immediately vests in 100% of each voluntary contribution to the EDIP Stock Fund. The Reporting Person will vest in all contributions to the EDIP Stock Fund by the Issuer as follows: 100% upon the earlier of the Reporting Person's death, or upon retirement following at least 5 years of service with the Issuer and reaching the age of 55, or, if earlier, one-tenth per year of participation following five years of participation, in each case in accordance with the EDIP. Upon termination of employment, the vested portion of the EDIP Stock Fund is settled in the Issuer's common stock.

Form 4 Insider Transactions: What Each Field Means →

12/30/2025 - 06:05 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Okerstrom Mark D

(Last)

(First)

(Middle)

6920 SEAWAY BLVD

(Street)

EVERETT

98203

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Fortive Corp [ FTV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP - Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/26/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Executive Deferred Incentive Program - Fortive Stock Fund⁽¹⁾	⁽²⁾	12/26/2025		A	V	1.63		⁽³⁾	⁽³⁾	Common Stock	1.63	$55.69	1,510.78	D

Explanation of Responses:

1. The reported securities are notional dividend accruals on phantom shares in the Fortive stock fund (the "EDIP Stock Fund") under Fortive's Executive Deferred Incentive Program (the "EDIP"). The number of phantom shares accrued as a result of such notional dividend accruals is based on the closing price of the Issuer's common stock as reported on the NYSE on the date such dividend accruals are credited to the EDIP Stock Fund, which is the price shown in Table II, Column 8 above.

2. The notional shares convert on a one-to-one basis.

3. The Reporting Person immediately vests in 100% of each voluntary contribution to the EDIP Stock Fund. The Reporting Person will vest in all contributions to the EDIP Stock Fund by the Issuer as follows: 100% upon the earlier of the Reporting Person's death, or upon retirement following at least 5 years of service with the Issuer and reaching the age of 55, or, if earlier, one-tenth per year of participation following five years of participation, in each case in accordance with the EDIP. Upon termination of employment, the vested portion of the EDIP Stock Fund is settled in the Issuer's common stock.

Remarks:

	Daniel B. Kim, as attorney-in-fact	12/30/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Fortive (FTV) disclose in this Form 4?

The Form 4 reports that Fortive’s SVP – Chief Financial Officer acquired 1.63 phantom share units in the Executive Deferred Incentive Program’s Fortive Stock Fund on December 26, 2025, through a notional dividend accrual.

What is the Executive Deferred Incentive Program (EDIP) Stock Fund at Fortive (FTV)?

The EDIP Stock Fund is part of Fortive’s Executive Deferred Incentive Program, where eligible executives hold phantom shares tied to Fortive common stock. Dividend equivalents are credited as notional dividend accruals, increasing the number of phantom shares based on the NYSE closing price on the credit date.

How many EDIP phantom shares does the Fortive (FTV) executive hold after this transaction?

Following the reported notional dividend accrual of 1.63 phantom shares, the executive beneficially owns 1,510.78 derivative securities in the EDIP Stock Fund on a direct basis.

At what price were the new Fortive (FTV) phantom shares credited in the EDIP?

The 1.63 phantom shares were credited using a reference price of $55.69 per share, which is the closing price of Fortive’s common stock on the NYSE on the date the dividend accruals were credited to the EDIP Stock Fund.

How do Fortive (FTV) EDIP phantom shares convert into common stock?

The filing states that the notional shares convert on a one-to-one basis into Fortive common stock. Upon termination of employment, the vested portion of the EDIP Stock Fund is settled in Fortive common stock in line with the plan’s terms.

What are the vesting conditions for Fortive (FTV) EDIP contributions?

The reporting person immediately vests in 100% of each voluntary contribution to the EDIP Stock Fund. Issuer contributions vest 100% upon the earlier of death, retirement after at least 5 years of service and age 55, or at a rate of one-tenth per year of participation after five years of participation, as described in the EDIP.