Fortive CFO defers pay into stock fund units
Fortive Corp SVP and Chief Financial Officer Mark D. Okerstrom reported nine acquisitions of interests in the Executive Deferred Incentive Program – Fortive Stock Fund between April 17 and July 24, 2026.
Rhea-AI Filing Summary
Fortive Corp SVP and Chief Financial Officer Mark D. Okerstrom reported nine acquisitions of interests in the Executive Deferred Incentive Program – Fortive Stock Fund between April 17 and July 24, 2026. Each entry reflects cash compensation he elected to defer into unfunded, notional shares tied one-to-one to Fortive common stock at the NYSE closing price on the credit date. Voluntary contributions vest immediately, while company contributions vest based on death, age and service, or years of participation, and any vested balance is ultimately settled in Fortive common stock upon termination of employment.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Executive Deferred Incentive Program - Fortive Stock Fund F1, F2, F3, F4 | 20.37 | $62.31 | $1K |
| Grant/Award | Executive Deferred Incentive Program - Fortive Stock Fund F1, F2, F3, F4 | 20.406 | $62.20 | $1K |
| Grant/Award | Executive Deferred Incentive Program - Fortive Stock Fund F1, F2, F3, F4 | 20.645 | $61.48 | $1K |
| Grant/Award | Executive Deferred Incentive Program - Fortive Stock Fund F1, F2, F3, F4 | 21.105 | $60.14 | $1K |
| Grant/Award | Executive Deferred Incentive Program - Fortive Stock Fund F1, F2, F3, F4 | 21.763 | $58.32 | $1K |
| Grant/Award | Executive Deferred Incentive Program - Fortive Stock Fund F1, F2, F3, F4 | 21.615 | $58.72 | $1K |
| Grant/Award | Executive Deferred Incentive Program - Fortive Stock Fund F1, F2, F3, F4 | 20.101 | $60.31 | $1K |
| Grant/Award | Executive Deferred Incentive Program - Fortive Stock Fund F1, F2, F3, F4 | 21.501 | $59.03 | $1K |
| Grant/Award | Executive Deferred Incentive Program - Fortive Stock Fund F1, F2, F3, F4 | 20.845 | $60.52 | $1K |
Footnotes (4)
- F1. 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.
- F2. The notional shares convert on a one-to-one basis.
- F3. The transaction reported represents a deferral of a portion of the Reporting Person's cash compensation into the EDIP Stock Fund under the EDIP pursuant to the election made by the Reporting Person.
- F4. 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.
Key Figures
Key Terms
Executive Deferred Incentive Program financial
EDIP Stock Fund financial
FAQ
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What insider transactions did Fortive (FTV) report for CFO Mark D. Okerstrom?
What is the Executive Deferred Incentive Program (EDIP) at Fortive (FTV)?
What are the vesting and settlement terms for Fortive (FTV) EDIP contributions?
Were Fortive (FTV) CFO EDIP transactions made under a Rule 10b5-1 trading plan?
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