Fortive (FTV) CFO earns 2,749 performance RSUs, now holds 97,371 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fortive Corp reported that its Senior Vice President and Chief Financial Officer, Mark D. Okerstrom, acquired 2,749 shares of common stock on February 24, 2026. These shares relate to additional restricted stock units earned after performance goals were met and remain subject to time-based vesting.
After this grant, Okerstrom directly owns 97,371 shares of Fortive common stock. The additional RSUs are payable in Fortive common shares on a one-to-one basis once the remaining vesting conditions are satisfied.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Okerstrom Mark D
Role
SVP - Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,749 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 97,371 shares (Direct)
Footnotes (1)
- In 2025, the Compensation Committee (the "Committee") awarded the Reporting Person RSUs with the opportunity to earn additional RSUs ("Additional RSUs") upon achievement of corresponding performance criteria. This transaction is being reported in connection with the determination by the Committee on February 24, 2026 that the performance criteria of the Additional RSUs have been achieved. The Additional RSUs remain subject to time-based vesting provisions. Additional RSUs are payable in shares of common stock on a one-to-one basis.
FAQ
What insider transaction did Fortive (FTV) report for Mark D. Okerstrom?
Fortive reported that CFO Mark D. Okerstrom acquired 2,749 shares of common stock on February 24, 2026. The acquisition resulted from additional restricted stock units earned after performance criteria were achieved and reflects a grant or award, not an open-market stock purchase.
What triggered the 2,749 additional RSUs reported in Fortive (FTV) CFO’s Form 4?
The 2,749 additional restricted stock units were triggered when Fortive’s Compensation Committee determined on February 24, 2026 that specified performance criteria had been achieved. These RSUs were originally granted in 2025 with the opportunity to earn extra units based on meeting those performance goals.