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Fortive CEO accrues 15 phantom shares

The reported units reflect dividend accruals in Fortive’s deferred incentive program and convert one-to-one into common stock.

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Form Type
4

Rhea-AI Filing Summary

Fortive Corp (FTV) President & CEO Olumide Soroye reported acquiring 15 phantom shares through notional dividend accruals in the Executive Deferred Incentive Program Stock Fund on September 25, 2026. The report lists a $56.09 closing price used to calculate the accrual and 11,968 phantom shares following the transaction. The phantom shares convert one-to-one into common stock. Voluntary contributions vest immediately; issuer contributions follow the program’s stated service, age, and participation schedule.

Insider Soroye Olumide
Role President & CEO
Type Security Shares Price Value
Grant/Award Executive Deferred Incentive Program - Fortive Stock Fund F1, F2, F3 14.917 $56.09 $836.69
Holdings After Transaction: Executive Deferred Incentive Program - Fortive Stock Fund — 11,967.85 contracts (Direct)
Footnotes (3)
  1. F1. 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. F2. The notional shares convert on a one-to-one basis.
  3. F3. 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.
Phantom shares accrued 15 shares Notional dividend accruals on September 25, 2026
Closing price used for accrual $56.09 Price of Fortive common stock on September 25, 2026
Phantom shares following transaction 11,968 shares EDIP Stock Fund position after the transaction
phantom shares financial
"notional dividend accruals on phantom shares"
Phantom shares are a form of employee or executive compensation that mimics the economic value of owning company stock without actually issuing real shares; holders receive cash or equivalent payments tied to the company’s share price or dividends. Think of it like a receipt that pays out if the stock rises — it aligns managers’ interests with shareholders but does not dilute ownership, while creating a future cash obligation that investors should watch as it can affect company cash flow and valuation.
notional dividend accruals financial
"as a result of such notional dividend accruals"
Executive Deferred Incentive Program financial
"under Fortive's Executive Deferred Incentive Program"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did Fortive (FTV) CEO Olumide Soroye acquire?

Olumide Soroye reported acquiring 15 phantom shares through dividend accruals on September 25, 2026. The report lists a $56.09 closing price used to calculate the accrual and 11,968 phantom shares following the transaction. The phantom shares convert one-to-one into common stock.

How do Fortive's EDIP Stock Fund contributions vest?

Voluntary contributions to the EDIP Stock Fund vest 100% immediately. Issuer contributions vest 100% upon the earlier of death or retirement after at least five years of service and reaching age 55, or, if earlier, one-tenth per year of participation following five years of participation. Upon termination of employment, the vested portion is settled in Fortive common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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 WASHINGTON 98203

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Fortive Corp [ FTV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/25/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Executive Deferred Incentive Program - Fortive Stock Fund(1)(2)09/25/2026AV14.917 (3) (3)Common Stock14.917$56.0911,967.85D
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-fact09/28/2026
** Signature of Reporting PersonDate
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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