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Fortive (FTV) CFO Mark Okerstrom granted RSUs and EDIP stock units

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Fortive Corp SVP and CFO Mark D. Okerstrom reported equity compensation awards. He acquired 41,210 shares of common stock at no cost through a grant of restricted stock units effective March 2, 2026. He also acquired 1,843.63 notional shares in the Executive Deferred Incentive Program’s Fortive Stock Fund at a reference price of $58.58 per share.

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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
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*
Okerstrom Mark D

(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)
SVP - Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
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
Common Stock 03/02/2026 A 41,210(1) A (2) 138,581 D
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(3) (4) 03/02/2026 A 1,843.63 (5) (5) Common Stock 1,843.63 $58.58 3,354.41 D
Explanation of Responses:
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.
2. RSUs are payable in shares of common stock on a one-to-one basis.
3. 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.
4. The notional shares convert on a one-to-one basis.
5. 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 03/03/2026
** 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).
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.

FAQ

What insider transactions did Fortive (FTV) report for Mark D. Okerstrom?

Fortive reported that SVP and CFO Mark D. Okerstrom acquired equity awards on March 2, 2026. He received 41,210 shares of common stock via restricted stock units and 1,843.63 notional shares in the Executive Deferred Incentive Program’s Fortive Stock Fund.

How many Fortive (FTV) common shares did the CFO acquire in this Form 4?

The CFO acquired 41,210 shares of Fortive common stock through a grant of restricted stock units. These units are payable in common shares on a one-to-one basis and are subject only to time-based vesting conditions set by the Compensation Committee.

What is the Executive Deferred Incentive Program (EDIP) stock fund at Fortive (FTV)?

Fortive’s EDIP stock fund credits deferred compensation into unfunded, notional shares based on the NYSE closing price of Fortive common stock. These notional shares convert one-to-one into common stock, subject to the vesting and settlement provisions described in the program.

At what price were the EDIP notional Fortive (FTV) shares credited to the CFO?

The 1,843.63 notional shares credited to the EDIP stock fund used a reference price of $58.58 per share. This price reflects the NYSE closing price used to determine the number of unfunded, notional Fortive common shares credited under the program.

What are the vesting terms for Fortive (FTV) EDIP contributions for the CFO?

The reporting person immediately vests in 100% of each voluntary contribution to the EDIP stock fund. Employer contributions vest upon specified events, including death, qualifying retirement after age 55 with sufficient service, or gradually after extended participation, with settlement in Fortive common stock upon employment termination.

How are Fortive (FTV) restricted stock units (RSUs) for the CFO structured?

The Compensation Committee awarded RSUs effective March 2, 2026, that are subject only to time-based vesting. Each RSU is payable in one share of Fortive common stock, aligning the CFO’s compensation with the company’s equity over the vesting period.
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Scientific & Technical Instruments
Industrial Instruments for Measurement, Display, and Control
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