Fortive Corp (FTV) legal chief Peter Underwood sells 8,662 company shares
Rhea-AI Filing Summary
Fortive Corp executive Peter C. Underwood, SVP and Chief Legal Officer, reported a sale of 8,662 shares of Fortive common stock on 2026-08-10 in a sale categorized as an open market or private transaction at $61.59 per share. Following this transaction, he directly holds 79,118 shares of Fortive common stock. The filing does not indicate use of a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 8,662 shares
Net Sell
1 txn
Insider
Underwood Peter C
Role
SVP - Chief Legal Officer
Sold
8,662 shs ($533K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,662 | $61.59 | $533K |
Holdings After Transaction:
Common Stock — 79,118 shares (Direct)
Key Figures
Shares sold: 8,662 shares
Sale price per share: $61.59
Shares held after sale: 79,118 shares
3 metrics
Shares sold
8,662 shares
Common Stock sale on 2026-08-10
Sale price per share
$61.59
Price per share for 8,662-share sale of Common Stock
Shares held after sale
79,118 shares
Directly owned Common Stock following the transaction
Key Terms
Common Stock, open market or private transaction, Form 4
3 terms
Common Stock financial
"security_title is reported as Common Stock for the transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
open market or private transaction financial
"transaction_code_description notes a Sale in open market or private transaction"
Form 4 regulatory
"Insider activity is disclosed through a Form 4 ownership filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Fortive Corp (FTV) report for Peter C. Underwood?
Fortive Corp reported that Peter C. Underwood sold 8,662 shares of common stock on 2026-08-10. The transaction was classified as a sale in an open market or private transaction at $61.59 per share.
Was the Fortive (FTV) insider sale by Peter C. Underwood under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox is not selected, meaning the reported 8,662-share sale at $61.59 per share on 2026-08-10 was not affirmed as made under a 10b5-1 trading plan.
What role does Peter C. Underwood hold at Fortive Corp (FTV)?
Peter C. Underwood is reported as Fortive’s SVP - Chief Legal Officer. In this capacity, he filed a Form 4 disclosing the sale of 8,662 shares of Fortive common stock on 2026-08-10.
AI-generated analysis. How Rhea-AI works. Not financial advice.