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Fortive Corp (NYSE: FTV) CFO reports multiple deferred stock fund acquisitions

(Neutral)
(Neutral)
Form Type
4

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 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)
  1. 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.
  2. F2. The notional shares convert on a one-to-one basis.
  3. 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.
  4. 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.
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
Executive Deferred Incentive Program financial
"Compensation deferred or contributed into the Fortive stock fund under Fortive's Executive Deferred Incentive Program"
notional shares financial
"Compensation is deemed to be invested in a number of unfunded, notional shares of the issuer's common stock"
EDIP Stock Fund financial
"Compensation deferred or contributed into the Fortive stock fund (the EDIP Stock Fund) under Fortive's EDIP"

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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.

How are EDIP notional shares valued for Fortive (FTV) executives?

For each EDIP transaction, compensation is deemed invested in notional shares based on the closing price of Fortive common stock on the NYSE on the credit date, or the prior business day’s close if needed. Those notional shares convert on a one-to-one basis into Fortive common stock when settled.

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.
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*
Okerstrom Mark D

(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 Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/17/2026
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)04/17/2026A20.845(3) (4) (4)Common Stock20.845$60.523,742.3D
Executive Deferred Incentive Program - Fortive Stock Fund(1)(2)05/01/2026A21.501(3) (4) (4)Common Stock21.501$59.033,763.801D
Executive Deferred Incentive Program - Fortive Stock Fund(1)(2)05/11/2026A20.101(3) (4) (4)Common Stock20.101$60.313,783.902D
Executive Deferred Incentive Program - Fortive Stock Fund(1)(2)05/15/2026A21.615(3) (4) (4)Common Stock21.615$58.723,805.517D
Executive Deferred Incentive Program - Fortive Stock Fund(1)(2)05/29/2026A21.763(3) (4) (4)Common Stock21.763$58.323,827.28D
Executive Deferred Incentive Program - Fortive Stock Fund(1)(2)06/12/2026A21.105(3) (4) (4)Common Stock21.105$60.143,848.385D
Executive Deferred Incentive Program - Fortive Stock Fund(1)(2)06/26/2026A20.645(3) (4) (4)Common Stock20.645$61.483,869.03D
Executive Deferred Incentive Program - Fortive Stock Fund(1)(2)07/10/2026A20.406(3) (4) (4)Common Stock20.406$62.23,889.436D
Executive Deferred Incentive Program - Fortive Stock Fund(1)(2)07/24/2026A20.37(3) (4) (4)Common Stock20.37$62.313,909.806D
Explanation of Responses:
1. 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.
2. The notional shares convert on a one-to-one basis.
3. 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.
4. 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-fact08/04/2026
** 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)