Fortive (FTV) CEO adds EDIP phantom shares in deferred stock plan

Rhea-AI Filing Summary

Fortive Corp's President and CEO reported a routine deferred compensation transaction involving phantom shares tied to the company’s stock. On 12/26/2025, 10.25 additional phantom shares were credited to the Executive Deferred Incentive Program Fortive Stock Fund at a reference price of $55.69 per share, reflecting notional dividend accruals rather than an open-market trade. After this accrual, the reporting person beneficially held 9,521.43 derivative securities in this plan on a direct basis. These notional shares are designed to track Fortive’s common stock on a one-to-one basis and are ultimately settled in actual Fortive shares upon termination of employment, subject to the program’s vesting and retirement conditions.

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^*

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)
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)
			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)	12/26/2025		A	V	10.25		(3)	(3)	Common Stock	10.25	$55.69	9,521.43	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).
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FAQ

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

The President and CEO of Fortive Corp reported a routine deferred compensation transaction, where 10.25 phantom shares were credited to the Executive Deferred Incentive Program Fortive Stock Fund as a notional dividend accrual tied to Fortive’s common stock.

How many EDIP-related derivative securities does the Fortive (FTV) CEO now hold?

Following the 12/26/2025 accrual, the reporting person beneficially owned 9,521.43 derivative securities in the Executive Deferred Incentive Program Fortive Stock Fund on a direct basis.

What price was used to calculate the new phantom shares for Fortive (FTV)?

The 10.25 phantom shares were based on the closing price of Fortive’s common stock on the NYSE on 12/26/2025, which was $55.69 per share as shown in Table II, Column 8.

Do the Fortive (FTV) EDIP phantom shares convert into common stock?

Yes. The notional shares in the EDIP Stock Fund convert into Fortive common stock on a one-to-one basis when settled, according to the plan’s terms.

When does the Fortive (FTV) CEO vest in EDIP contributions?

The reporting person immediately vests in 100% of each voluntary contribution to the EDIP Stock Fund. Vesting of issuer contributions occurs upon death, certain retirement conditions, or gradually at one-tenth per year of participation after five years, in line with the program’s rules.

How are Fortive (FTV) EDIP balances settled for the CEO?

Upon termination of employment, the vested portion of the Executive Deferred Incentive Program Fortive Stock Fund is settled in Fortive common stock, consistent with the EDIP’s settlement provisions.