Fortive (NYSE: FTV) CAO reports stock grants, plan credits and tax offsets

Rhea-AI Filing Summary

Fortive Corp VP and Chief Accounting Officer Christopher M. Mulhall reported multiple share-related transactions. On March 2, 2026, he acquired 9,272 shares of common stock and additional notional interests in the Executive Deferred Incentive Program Stock Fund, with similar awards also reported for his spouse. On February 27, 2026, 1,021 directly held and 340 indirectly held common shares were disposed of to cover tax withholding tied to vesting restricted stock units, while updated indirect holdings in 401(k) accounts were also reported.

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).

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^*

Mulhall Christopher M.

(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)
	VP - Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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
Common Stock	02/27/2026		F		1,021(1)	D	$59.2	43,119	D
Common Stock	02/27/2026		F		340(1)	D	$59.2	11,472	I	By Spouse
Common Stock	03/02/2026		A		9,272(2)	A	(3)	52,391	D
Common Stock	03/02/2026		A		5,839(4)	A	(3)	17,311	I	By Spouse
Common Stock								535(5)	I	By 401 (k)
Common Stock								868(5)	I	By Spouse's 401 (k)

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(6)	(7)	03/02/2026		A		975.15		(8)	(8)	Common Stock	975.15	$58.58	6,328.79	D
Executive Deferred Incentive Program - Fortive Stock Fund(6)	(7)	03/02/2026		A		660.64		(9)	(9)	Common Stock	660.64	$58.58	1,688.39	I	By Spouse

Explanation of Responses:

1. This transaction relates to the aggregate withholding of shares for tax purposes in connection with the vesting and distribution of Restricted Stock Units ("RSUs").

2. The Compensation Committee of the Issuer awarded the Reporting Person RSUs, effective March 2, 2026, that are subject only to time-based vesting provisions.

3. RSUs are payable in shares of common stock on a one-to-one basis.

4. The Compensation Committee of the Issuer awarded the Spouse of the Reporting Person RSUs, effective March 2, 2026, that are subject only to time-based vesting provisions.

5. Based on plan statement dated as of February 28, 2026.

6. Compensation deferred or contributed into the Fortive stock fund (the "EDIP Stock Fund") under Fortive's Executive Deferred Incentive Program (the "EDIP") is deemed to be invested in a number of unfunded, notional shares of the Issuer's common stock based on the closing price of such common stock as reported on the NYSE on the date such compensation is credited to the EDIP Stock Fund (or the closing price for the immediately preceding business day, if such date is not a business day), which closing price is shown in Table II, Column 8.

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

8. 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.

9. The Spouse of the Reporting Person immediately vests in 100% of each voluntary contribution to the EDIP Stock Fund. The Spouse of the Reporting Person will vest in all contributions to the EDIP Stock Fund by the Issuer as follows: 100% upon the earlier of the death of the Spouse of the Reporting Person', 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	03/03/2026
	** 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).
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FAQ

What insider transactions did Fortive (FTV) report for Christopher M. Mulhall?

Fortive reported that Christopher M. Mulhall received share awards and related plan interests and had shares withheld for taxes. The filing details common stock grants, Executive Deferred Incentive Program credits, and tax-withholding dispositions tied to restricted stock unit vesting on specific 2026 dates.

How many Fortive (FTV) common shares did Christopher M. Mulhall acquire in this Form 4?

The Form 4 shows Christopher M. Mulhall acquired 9,272 shares of Fortive common stock. These were reported as a grant or award with a zero dollar price, indicating equity compensation rather than an open-market purchase, and increased his directly held common stock balance.

What tax-withholding share dispositions were reported for Fortive (FTV) in this filing?

The filing reports dispositions of 1,021 directly held and 340 indirectly held Fortive common shares. These were coded as tax-withholding transactions used to satisfy obligations arising from the vesting and distribution of restricted stock units, rather than discretionary open-market sales.

How are Fortive (FTV) Executive Deferred Incentive Program amounts treated in this Form 4?

Compensation deferred into Fortive’s Executive Deferred Incentive Program Stock Fund is recorded as unfunded, notional shares. The number of notional shares is based on the NYSE closing price when credited and later converts into common stock on a one-to-one basis, subject to the plan’s vesting provisions.

What vesting terms apply to the Fortive (FTV) RSUs mentioned in the filing?

Restricted stock units awarded to Christopher M. Mulhall and his spouse are subject only to time-based vesting. They are payable in Fortive common stock on a one-to-one basis, with additional vesting provisions described for contributions under the Executive Deferred Incentive Program after service and age conditions.

How much Fortive (FTV) stock does Christopher M. Mulhall hold after these transactions?

After these reported transactions, Christopher M. Mulhall directly holds 52,391 Fortive common shares. Additional indirect holdings are reported through his spouse and 401(k) accounts, with separate balances shown for each account following the February 27, 2026 updates.