FTV Form 4: CEO Accrues 11.75 Notional Shares; 9,511.181 Shares Reported

Rhea-AI Filing Summary

Soroye Olumide, President & CEO of Fortive Corporation (FTV), reported an acquisition of notional phantom shares in the company’s Executive Deferred Incentive Program (EDIP) Stock Fund on 09/26/2025. The filing shows an accrual of 11.75 notional shares based on the NYSE closing price of $48.53 used for the dividend accrual calculation and reports 9,511.181 common stock equivalents beneficially owned following the transaction. The notional shares convert one-to-one into common stock. Voluntary contributions to the EDIP Stock Fund vest immediately for the reporting person; employer contributions vest according to specified service and age conditions. The total notional balance includes an anti-dilution adjustment related to the June 28, 2025 spin-off of Ralliant Corporation.

Insights

Financial Analyst

TL;DR: Routine insider accrual of EDIP phantom shares; converts 1:1 and increases reported beneficial ownership modestly.

The Form 4 documents a non-derivative acquisition: an 11.75-share notional dividend accrual in Fortive’s EDIP Stock Fund valued using the $48.53 NYSE close. The filing reports 9,511.181 common stock equivalents after an anti-dilution adjustment tied to the Ralliant spin-off. This is an administrative compensation-related accrual rather than an open-market trade, so it does not signal a change in market exposure from buying or selling shares. For modelling equity dilution or insider concentration, treat these as compensation-related, vested or conditionally vested per EDIP rules explained in the filing.

Corporate Governance Expert

TL;DR: Disclosure is clear on vesting and conversion; shows proper post-spin-off anti-dilution adjustment.

The Form 4 provides explicit detail that notional shares are credited as dividend accruals, convert one-to-one to common stock, and that voluntary contributions vest immediately for the reporting person while employer contributions follow EDIP vesting schedule. The filing also notes an anti-dilution adjustment from the June 28, 2025 spin-off of Ralliant Corporation, which explains the reported aggregate balance. Signature by an attorney-in-fact is properly included. No governance exceptions or omissions are apparent from the disclosed content.

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

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

1. Name and Address of Reporting Person^*

Soroye Olumide

(Last) (First) (Middle)

6920 SEAWAY BLVD

(Street)

EVERETT WA 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)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
09/26/2025

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Executive Deferred Incentive Program - Fortive Stock Fund(1)	(2)	09/26/2025		A	V	11.75		(3)	(3)	Common Stock	11.75	$48.53	9,511.181(4)	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.

4. The total number of phantom shares reflects an anti-dilution adjustment applied as a result of the spin-off of Ralliant Corporation from the Issuer on June 28, 2025.

Remarks:

	Daniel B. Kim, as attorney-in-fact	09/30/2025
	** Signature of Reporting Person	Date
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