Fortive CEO gets stock award, withholds shares for tax
Fortive Corp President & CEO Olumide Soroye reported a stock award and related tax withholding.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,759 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 16,092 | $57.68 | $928K |
Footnotes (3)
- F1. 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.
- F2. Additional RSUs are payable in shares of common stock on a one-to-one basis.
- F3. 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
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What insider transactions did Fortive (FTV) report for CEO Olumide Soroye?
What are Fortive (FTV) Additional RSUs referenced in the CEO’s Form 4?
Were the Fortive (FTV) insider transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.