STOCK TITAN

Fortive (NYSE: FTV) director receives 3,350-share RSU equity grant

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

Rhea-AI Filing Summary

MITCHELL KATE reported acquisition or exercise transactions in this Form 4 filing.

Fortive Corp director Kate Mitchell reported an equity compensation award rather than an open-market trade. On June 9, 2026, she received 3,350 restricted stock units (Annual Grant RSUs), payable solely in Fortive common stock, as her annual equity grant.

The Annual Grant RSUs vest on the earlier of the first anniversary of the grant date or the date of Fortive’s 2027 annual stockholder meeting. Per Mitchell’s election, the underlying shares will be issued only at the earlier of her death or the first day of the seventh month after she retires from Fortive’s board. After this grant, she holds 35,125 common shares directly and 4,260 shares indirectly in a living trust.

Positive

  • None.

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Insider MITCHELL KATE
Role null
Type Security Shares Price Value
Grant/Award Common Stock 3,350 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 35,125 shares (Direct, null); Common Stock — 4,260 shares (Indirect, Held in Living Trust)
Footnotes (1)
  1. [object Object]
RSU grant size 3,350 shares Annual Grant RSUs awarded on June 9, 2026
Direct holdings after grant 35,125 shares Fortive common stock directly owned post-transaction
Indirect holdings in trust 4,260 shares Fortive common stock held in living trust
Grant vesting timing Earlier of 1-year anniversary or 2027 meeting Vesting schedule for Annual Grant RSUs
Share issuance timing Death or 7th month after board retirement Deferred delivery of RSU shares per election
restricted stock units financial
"granted to the Reporting Person restricted stock units ("Annual Grant RSUs")"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Annual Grant RSUs financial
"the Issuer granted to the Reporting Person restricted stock units ("Annual Grant RSUs")"
vest financial
"The Annual Grant RSUs vest on the earlier of the first anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Living Trust financial
"direct_or_indirect": "I", "nature_of_ownership": "Held in Living Trust""
grant, award, or other acquisition financial
""transaction_code_description": "Grant, award, or other acquisition""
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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*
MITCHELL KATE

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026
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
Common Stock06/09/2026A3,350(1)A$035,125D
Common Stock4,260IHeld in Living Trust
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
Explanation of Responses:
1. On June 9, 2026, the Issuer granted to the Reporting Person restricted stock units ("Annual Grant RSUs") of the Issuer in the amount indicated as the annual equity grant made to the Reporting Person. Since the Annual Grant RSUs are payable solely in common stock, they are being reported in Table I of this Form 4. The Annual Grant RSUs vest on the earlier of the first anniversary of the grant date or the date of the Issuer's 2027 annual meeting of the stockholders, but, based on the election of the Reporting Person, the underlying shares will not be issued until the earlier of the Reporting Person's death or the first day of the seventh month following the Reporting Person's retirement from the Board of Directors of the Issuer.
Remarks:
Daniel B. Kim, as attorney-in-fact06/11/2026
** 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)

FAQ

What insider transaction did Fortive (FTV) director Kate Mitchell report?

Fortive director Kate Mitchell reported receiving 3,350 restricted stock units as an annual equity grant. These RSUs are payable solely in Fortive common stock and represent compensation, not an open-market stock purchase or sale, according to the Form 4 disclosure and its footnote.

How many Fortive (FTV) shares does Kate Mitchell hold after this Form 4?

After the reported grant, Kate Mitchell holds 35,125 Fortive common shares directly and 4,260 shares indirectly in a living trust. These post-transaction holdings are shown in the Form 4 as totals following the June 9, 2026 RSU award and holding entry.

When do Kate Mitchell’s Fortive Annual Grant RSUs vest?

The Annual Grant RSUs vest on the earlier of the first anniversary of the June 9, 2026 grant date or the date of Fortive’s 2027 annual stockholder meeting. This vesting schedule is described in the Form 4 footnote covering the equity award terms.

When will the shares underlying Kate Mitchell’s Fortive RSUs be issued?

Although the RSUs vest earlier, the underlying Fortive shares will be issued only at the earlier of Mitchell’s death or the first day of the seventh month after she retires from Fortive’s board. This deferred issuance timing reflects her election described in the footnote.

Is Kate Mitchell’s Fortive Form 4 transaction a stock purchase or sale?

The Form 4 shows an equity award coded as “A,” indicating a grant or other acquisition, not an open-market purchase or sale. The 3,350 RSUs are compensation payable in stock, with no transaction price per share reported for the grant itself.

How are Kate Mitchell’s indirect Fortive holdings structured?

The Form 4 lists 4,260 Fortive common shares held indirectly in a living trust. This entry is marked with indirect ownership, indicating the shares are owned through that trust rather than directly in Mitchell’s own name, as noted in the filing details.