Fortive (FTV) SVP Desjourdy granted 44,650 RSUs and EDIP stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fortive Corp senior vice president and chief people officer Amee Desjourdy reported equity awards and deferred compensation linked to company stock. She acquired 44,650 restricted stock units effective March 2, 2026, which vest over time and convert one-to-one into common shares. She also acquired 1,062.97 notional shares in Fortive's Executive Deferred Incentive Program stock fund at a reference price of $59.20 per share, which track Fortive's stock and are ultimately settled in common stock when vested and paid out under the plan's terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Desjourdy Amee
Role
SVP - Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 44,650 | $0.00 | -- |
| Grant/Award | Executive Deferred Incentive Program - Fortive Stock Fund | 1,062.97 | $59.20 | $63K |
Holdings After Transaction:
Common Stock — 44,650 shares (Direct);
Executive Deferred Incentive Program - Fortive Stock Fund — 1,062.97 shares (Direct)
Footnotes (1)
- The Compensation Committee of the Issuer (the "Committee") awarded the Reporting Person Restricted Stock Units ("RSUs"), effective March 2, 2026, that are subject only to time-based vesting provisions. RSUs are payable in shares of common stock on a one-to-one basis. 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. 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.
FAQ
What insider transactions did Amee Desjourdy report for Fortive (FTV)?
Amee Desjourdy reported two acquisition-type transactions: a grant of 44,650 restricted stock units and an allocation of 1,062.97 notional shares in Fortive’s Executive Deferred Incentive Program stock fund, both tied to Fortive common stock and subject to the plan’s vesting and settlement rules.
Were the Fortive (FTV) Form 4 transactions open-market stock purchases or sales?
No, the reported Fortive transactions were not open-market buys or sales. They reflect a grant of restricted stock units by the compensation committee and deferred compensation credited into a notional Fortive stock fund, both categorized as grant, award, or other acquisition transactions under Form 4 rules.
How many Fortive (FTV) restricted stock units did Amee Desjourdy receive?
Amee Desjourdy received 44,650 restricted stock units effective March 2, 2026. These units are subject only to time-based vesting conditions and are payable in Fortive common stock on a one-to-one basis once vesting requirements are satisfied and delivery occurs under the award terms.
What is the Executive Deferred Incentive Program stock fund mentioned in Fortive’s Form 4?
Fortive’s Executive Deferred Incentive Program stock fund credits compensation into unfunded, notional Fortive shares based on the NYSE closing price when contributions are made. These notional shares track Fortive’s stock and convert one-to-one into common shares when vested amounts are ultimately settled in stock after employment ends.
How does vesting work for Amee Desjourdy’s Fortive EDIP stock fund contributions?
She immediately vests 100% in voluntary contributions to the EDIP stock fund. Company contributions vest upon death, or retirement after at least five years of service and age 55, or one-tenth per year after five years of participation, with vested amounts settled in Fortive common stock at termination.