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Fortive (NYSE: FTV) SVP gains EDIP phantom stock accruals

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

Rhea-AI Filing Summary

Fortive Corp senior vice president and Chief People Officer Amee Desjourdy reported a routine compensation-related transaction in the company’s deferred incentive plan. She received a notional dividend accrual of 1.004 phantom shares in the Executive Deferred Incentive Program Fortive Stock Fund at a reference price of $63.60 per share. This increased her deferred phantom holdings in the plan to 1,065.159 notional shares, which are designed to track Fortive common stock and convert on a one-to-one basis into shares of common stock when paid out. According to the plan terms, vested portions are ultimately settled in Fortive common stock upon termination of employment, subject to the program’s vesting and retirement conditions.

Positive

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Insider Desjourdy Amee
Role SVP - Chief People Officer
Type Security Shares Price Value
Grant/Award Executive Deferred Incentive Program - Fortive Stock Fund 1.004 $63.60 $63.85
Holdings After Transaction: Executive Deferred Incentive Program - Fortive Stock Fund — 1,065.159 shares (Direct, null)
Footnotes (1)
  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. The notional shares convert on a one-to-one basis. 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 granted 1.004 shares Notional dividend accrual in EDIP Stock Fund on 2026-07-06
Reference price per share $63.60 per share Closing price used to calculate EDIP phantom share accrual
Total phantom shares after accrual 1,065.159 shares Executive Deferred Incentive Program Fortive Stock Fund balance
Conversion ratio 1:1 into common stock Notional EDIP shares convert one-to-one into Fortive common stock
Executive Deferred Incentive Program financial
"under Fortive's Executive Deferred Incentive Program (the "EDIP")."
phantom shares financial
"notional dividend accruals on phantom shares in the Fortive stock fund"
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
"The reported securities are notional dividend accruals on phantom shares"
EDIP Stock Fund financial
"credited to the EDIP Stock Fund, which is the price shown"
vested portion financial
"Upon termination of employment, the vested portion of the EDIP Stock Fund"
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FAQ

What did Fortive (FTV) executive Amee Desjourdy report in this Form 4?

Amee Desjourdy reported a routine compensation-related accrual in Fortive’s Executive Deferred Incentive Program. She received 1.004 phantom shares tied to Fortive stock, increasing her EDIP Stock Fund position to 1,065.159 notional shares that track and ultimately convert into common stock.

Is Amee Desjourdy buying or selling Fortive (FTV) shares in this filing?

This filing shows an acquisition under a compensation plan, not an open-market trade. Desjourdy received 1.004 phantom shares as a notional dividend accrual, which increases her deferred equity exposure rather than reflecting a discretionary stock purchase or sale.

What price was used to calculate the new Fortive phantom shares in the EDIP?

The 1.004 phantom shares were credited using a reference price of $63.60 per share, based on Fortive’s NYSE closing price on the accrual date. That price determines how many notional shares result from the dividend accrual within the EDIP Stock Fund.

How does Fortive’s Executive Deferred Incentive Program (EDIP) stock fund work?

The EDIP Stock Fund credits executives with phantom shares that mirror Fortive common stock, including notional dividend accruals. The notional shares convert one-to-one into common stock when paid, with vesting tied to service, age, death, retirement, and other plan-specific conditions.

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*
Desjourdy Amee

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP - Chief People Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/06/2026
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)07/06/2026AV1.004 (3) (3)Common Stock1.004$63.61,065.159D
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-fact07/07/2026
** 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)