Fortive (NYSE: FTV) VP disposes shares to cover RSU tax withholding
Rhea-AI Filing Summary
Fortive Corp VP and Chief Accounting Officer Christopher M. Mulhall reported share withholdings to cover taxes on vesting restricted stock units. On March 3 and 4, common shares were disposed at around $58 per share as “F” code tax-withholding dispositions, including indirect holdings by his spouse.
After these transactions, Mulhall directly held 51,012 Fortive shares, with additional indirect ownership through his spouse and 401(k) accounts as reflected in updated plan statements.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,883 shares
Net Sell
6 txns
Insider
Mulhall Christopher M.
Role
VP - Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 446 | $58.00 | $26K |
| Exercise Price or Tax Liability | Common Stock | 149 | $58.00 | $9K |
| Exercise Price or Tax Liability | Common Stock | 933 | $58.03 | $54K |
| Exercise Price or Tax Liability | Common Stock | 355 | $58.03 | $21K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 51,012 shares (Direct);
Common Stock — 16,807 shares (Indirect, By Spouse);
Common Stock — 535 shares (Indirect, By 401 (k));
Common Stock — 868 shares (Indirect, By Spouse's 401 (k))
Footnotes (2)
- F1. This transaction relates to the aggregate withholding of shares for tax purposes in connection with the vesting and distribution of restricted stock units.
- F2. Based on plan statement dated as of February 28, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Fortive (FTV) executive Christopher Mulhall report in this Form 4?
Christopher M. Mulhall reported tax-withholding dispositions of Fortive common stock tied to the vesting of restricted stock units. Shares were withheld and disposed at about $58 per share, updating both his direct and indirect ownership positions in the company.
Were Christopher Mulhall’s Fortive (FTV) transactions open-market sales?
The transactions were not open-market sales. They are coded “F” and described as payment of tax liability by delivering securities, meaning shares were withheld and disposed solely to cover taxes on vesting restricted stock units, based on an internal plan statement.
How are Christopher Mulhall’s indirect Fortive (FTV) holdings reported in this filing?
The filing shows indirect ownership through his spouse and 401(k) accounts. Certain tax-withholding dispositions relate to shares held “By Spouse,” and separate holding entries update balances for a 401(k) and a spouse’s 401(k), based on a February 28, 2026 plan statement.
What does the footnote in Christopher Mulhall’s Fortive (FTV) Form 4 explain?
The footnote explains that the reported dispositions reflect the aggregate withholding of shares for tax purposes connected to the vesting and distribution of restricted stock units, and that certain plan-based holdings are reported using balances from a February 28, 2026 plan statement.