Fortive Corp (NYSE: FTV) CFO reports multiple deferred stock fund acquisitions
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
Okerstrom Mark D
Role
SVP - Chief Financial Officer
| 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 |
Holdings After Transaction:
Executive Deferred Incentive Program - Fortive Stock Fund — 3,909.806 shares (Direct)
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
EDIP derivative transactions reported: 9
Deferred compensation credit 2026-07-24: 20.3700 notional shares
Deferred compensation credit 2026-05-29: 21.7630 notional shares
+1 more
4 metrics
EDIP derivative transactions reported
9
Total Executive Deferred Incentive Program Stock Fund acquisitions in this Form 4
Deferred compensation credit 2026-07-24
20.3700 notional shares
Credited to EDIP Stock Fund at $62.3100 per share based on NYSE closing price
Deferred compensation credit 2026-05-29
21.7630 notional shares
Credited to EDIP Stock Fund at $58.3200 per share based on NYSE closing price
Deferred compensation credit 2026-04-17
20.8450 notional shares
Credited to EDIP Stock Fund at $60.5200 per share based on NYSE closing price
Key Terms
Executive Deferred Incentive Program, notional shares, EDIP Stock Fund
3 terms
Executive Deferred Incentive Program financial
"Compensation deferred or contributed into the Fortive stock fund under Fortive's Executive Deferred Incentive Program"
EDIP Stock Fund financial
"Compensation deferred or contributed into the Fortive stock fund (the EDIP Stock Fund) under Fortive's EDIP"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Fortive (FTV) report for CFO Mark D. Okerstrom?
Fortive reported that CFO Mark D. Okerstrom made nine acquisitions of interests in the Executive Deferred Incentive Program – Fortive Stock Fund. Each transaction represents a portion of his compensation deferred into unfunded, notional shares tied to Fortive common stock at the NYSE closing price on the credit date.
What is the Executive Deferred Incentive Program (EDIP) at Fortive (FTV)?
Fortive’s EDIP allows eligible participants to defer or contribute compensation into an EDIP Stock Fund, which is deemed invested in unfunded, notional shares of Fortive common stock. The number of notional shares is based on the NYSE closing price when compensation is credited to the EDIP Stock Fund.
What are the vesting and settlement terms for Fortive (FTV) EDIP contributions?
The reporting person vests 100% immediately in voluntary contributions to the EDIP Stock Fund. Company contributions vest upon death, qualifying retirement with at least 5 years of service and age 55, or one-tenth per year after five years of participation. Upon termination, the vested balance is settled in Fortive common stock.
Were Fortive (FTV) CFO EDIP transactions made under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox for this filing is not selected, indicating the reported transactions were not identified as being made pursuant to a Rule 10b5-1 trading plan. The transactions instead reflect compensation deferral elections under Fortive’s Executive Deferred Incentive Program.