Fortive (FTV) CEO receives RSU shares, withholds 16,092 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fortive Corp President & CEO Olumide Soroye reported a stock award and related tax withholding. On February 24, 2026, he acquired 3,759 shares of common stock at no cost from Additional RSUs earned after performance criteria set in 2025 were achieved. These Additional RSUs remain subject to time-based vesting and are payable one-for-one in common stock.
On the same date, 16,092 shares of common stock were disposed of at $57.68 per share to cover tax obligations tied to previously vested performance stock awards. After these transactions, he directly owned 200,218 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Soroye Olumide
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,759 | $0.00 | -- |
| Tax Withholding | Common Stock | 16,092 | $57.68 | $928K |
Holdings After Transaction:
Common Stock — 216,310 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. This transaction relates to the aggregate withholding of shares for tax purposes in connection with the distribution of shares underlying previously vested performance stock awards.
FAQ
What insider transactions did Fortive (FTV) report for CEO Olumide Soroye?
Fortive (FTV) reported that CEO Olumide Soroye received 3,759 shares of common stock as a grant tied to performance-based RSUs. He also had 16,092 shares withheld at $57.68 per share to satisfy tax obligations on previously vested performance stock awards.
What are Fortive (FTV) Additional RSUs referenced in the CEO’s Form 4?
Additional RSUs are performance-based restricted stock units awarded in 2025, with extra units earned once specified performance criteria were achieved. They are payable in Fortive common stock on a one-to-one basis and remain subject to time-based vesting before full settlement.
Were the Fortive (FTV) insider transactions open-market buys or sells?
No open-market buys or sells were reported. The Form 4 shows a grant or award acquisition of 3,759 shares and a tax-withholding disposition of 16,092 shares, executed to satisfy tax liabilities on previously vested performance stock awards.