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Fortive (FTV) CEO Soroye receives RSU awards and settles taxes in shares

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

Rhea-AI Filing Summary

Fortive Corp President & CEO Olumide Soroye reported multiple equity-related transactions. He acquired 2,406.97 notional shares in the Executive Deferred Incentive Program’s Fortive Stock Fund at $58.58 per notional share and received a grant of 68,685 shares of common stock at $0 per share as time-based Restricted Stock Units.

He also disposed of 10,940 shares of common stock at $59.20 per share through share withholding to cover taxes tied to RSU vesting, rather than an open-market sale. After these transactions, his directly held common stock totaled 257,963 shares and EDIP notional holdings totaled 11,928.39 shares.

Positive

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Insider Soroye Olumide
Role President & CEO
Type Security Shares Price Value
Grant/Award Executive Deferred Incentive Program - Fortive Stock Fund 2,406.97 $58.58 $141K
Grant/Award Common Stock 68,685 $0.00 --
Tax Withholding Common Stock 10,940 $59.20 $648K
Holdings After Transaction: Executive Deferred Incentive Program - Fortive Stock Fund — 11,928.39 shares (Direct); Common Stock — 257,963 shares (Direct)
Footnotes (1)
  1. This transaction relates to the aggregate withholding of shares for tax purposes in connection with the vesting and distribution of Restricted Stock Units ("RSUs"). The Compensation Committee of the Issuer (the "Committee") awarded the Reporting Person RSUs, effective March 2, 2026, that are subject only to time-based vesting provisions. RSUs are payable in shares of common stock on a one-to-one basis. 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. 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.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED 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*
Soroye Olumide
(Last) (First) (Middle)
6920 SEAWAY BLVD
(Street)
EVERETT WA 98203
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Fortive Corp [ FTV ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/27/2026 F 10,940(1) D $59.2 189,278 D
Common Stock 03/02/2026 A 68,685(2) A (3) 257,963 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Executive Deferred Incentive Program - Fortive Stock Fund(4) (5) 03/02/2026 A 2,406.97 (6) (6) Common Stock 2,406.97 $58.58 11,928.39 D
Explanation of Responses:
1. This transaction relates to the aggregate withholding of shares for tax purposes in connection with the vesting and distribution of Restricted Stock Units ("RSUs").
2. The Compensation Committee of the Issuer (the "Committee") awarded the Reporting Person RSUs, effective March 2, 2026, that are subject only to time-based vesting provisions.
3. RSUs are payable in shares of common stock on a one-to-one basis.
4. 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.
5. The notional shares convert on a one-to-one basis.
6. 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-fact 03/03/2026
** Signature of Reporting Person Date
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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Fortive (FTV) CEO Olumide Soroye report?

Fortive CEO Olumide Soroye reported equity awards and a tax-related share disposition. He received 68,685 common shares via time-based RSU awards and 2,406.97 notional shares in the Executive Deferred Incentive Program, while 10,940 shares were withheld to satisfy tax obligations on vested RSUs.

How many Fortive (FTV) shares did the CEO acquire through grants and awards?

Olumide Soroye acquired 68,685 Fortive common shares through a grant with a $0 price per share. He also obtained 2,406.97 notional shares in the Fortive Stock Fund under the Executive Deferred Incentive Program, based on a reference price of $58.58 per share.

Why were 10,940 Fortive (FTV) shares disposed of in the Form 4 filing?

The 10,940 Fortive shares were disposed of to cover tax withholding tied to RSU vesting. The shares were valued at $59.20 per share and represent payment of tax liabilities, rather than an open-market sale initiated for investment or portfolio reasons.

What are the terms of the new RSU awards to the Fortive (FTV) CEO?

The Compensation Committee awarded Olumide Soroye RSUs effective March 2, 2026, subject only to time-based vesting. Each RSU converts into one share of Fortive common stock on a one-to-one basis, aligning the award’s value directly with the company’s share price over time.

How does Fortive’s Executive Deferred Incentive Program Stock Fund work for the CEO?

Compensation deferred into the EDIP Stock Fund is tracked as unfunded, notional Fortive shares. The number of notional shares is based on the NYSE closing price on the credit date, converts one-to-one into common stock, and vests under detailed service and retirement conditions described in the plan.

What is Olumide Soroye’s Fortive (FTV) shareholding after these transactions?

Following the reported transactions, Olumide Soroye directly holds 257,963 shares of Fortive common stock. He also has 11,928.39 notional shares credited in the Executive Deferred Incentive Program’s Fortive Stock Fund, which are designed to convert into common shares on a one-to-one basis when settled.