Fortive accounting chief accrues 8 phantom shares

Q: How many FTV phantom shares did Christopher M. Mulhall accrue?

On September 25, 2026, the reported accruals were 8 phantom shares directly and 2 through his spouse. The quantities were based on a $56.09 NYSE closing price.

EDIP phantom shares convert one-to-one into Fortive common stock, and the vested portion is settled when employment ends.

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Rhea-AI Filing Summary

Fortive Corp VP - Chief Accounting Officer Christopher M. Mulhall reported notional dividend accruals on phantom shares in Fortive’s Executive Deferred Incentive Program on September 25, 2026: 8 phantom shares directly and 2 through his spouse. The accrual quantities were based on a $56.09 NYSE closing price. Reported post-transaction positions were 6,428 phantom shares directly and 1,710 held by his spouse. EDIP notional shares convert one-to-one into common stock.

Insider Trade Summary

Grant/Award: 10.142 shares

Grant/Award 2 txns

Insider Mulhall Christopher M.

Role VP - Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Executive Deferred Incentive Program - Fortive Stock Fund ^{F1, F2, F3}	8.011	$56.09	$449.34
Grant/Award	Executive Deferred Incentive Program - Fortive Stock Fund ^{F1, F2, F3}	2.131	$56.09	$119.53

Holdings After Transaction: Executive Deferred Incentive Program - Fortive Stock Fund — 6,427.504 contracts (Direct); Executive Deferred Incentive Program - Fortive Stock Fund — 1,710.066 contracts (Indirect, By Spouse)

Footnotes (3)

F1. The reported securities are notional dividend accruals on phantom shares in the Fortive stock fund (the "EDIP Stock Fund") under Fortive's Executive Deferred Incentive Program (the "EDIP"). The number of phantom shares accrued as a result of such notional dividend accruals is based on the closing price of the Issuer's common stock as reported on the NYSE on the date such dividend accruals are credited to the EDIP Stock Fund, which is the price shown in Table II, Column 8 above.
F2. The notional shares convert on a one-to-one basis.
F3. 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

Direct phantom-share accrual: 8 phantom shares Spouse's phantom-share accrual: 2 phantom shares Direct post-transaction position: 6,428 phantom shares +2 more

5 metrics

Direct phantom-share accrual 8 phantom shares September 25, 2026

Spouse's phantom-share accrual 2 phantom shares September 25, 2026

Direct post-transaction position 6,428 phantom shares EDIP position following the September 25, 2026 transaction

Spouse's post-transaction position 1,710 phantom shares EDIP position following the September 25, 2026 transaction

NYSE closing price $56.09 per share Price used to determine the phantom shares credited on September 25, 2026

Key Terms

notional dividend accruals, phantom shares, Executive Deferred Incentive Program

3 terms

notional dividend accruals financial

"notional dividend accruals on phantom shares"

phantom shares financial

"The number of phantom shares accrued"

Phantom shares are a form of employee or executive compensation that mimics the economic value of owning company stock without actually issuing real shares; holders receive cash or equivalent payments tied to the company’s share price or dividends. Think of it like a receipt that pays out if the stock rises — it aligns managers’ interests with shareholders but does not dilute ownership, while creating a future cash obligation that investors should watch as it can affect company cash flow and valuation.

Executive Deferred Incentive Program financial

"under Fortive's Executive Deferred Incentive Program"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many FTV phantom shares did Christopher M. Mulhall accrue?

On September 25, 2026, the reported accruals were 8 phantom shares directly and 2 through his spouse. The quantities were based on a $56.09 NYSE closing price.

When are Fortive EDIP shares settled in common stock?

Upon termination of employment, the vested portion of the EDIP Stock Fund is settled in Fortive common stock. The reporting person immediately vests in 100% of voluntary contributions; issuer contributions vest under the schedule described for death, qualifying retirement, or participation over time.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/28/2026 - 07:09 PM Accepted by SEC EDGAR 09/28/2026 - 07:08 PM

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^*

Mulhall Christopher M.

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	VP - Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Executive Deferred Incentive Program - Fortive Stock Fund⁽¹⁾	⁽²⁾	09/25/2026		A	V	8.011		⁽³⁾	⁽³⁾	Common Stock	8.011	$56.09	6,427.504	D
Executive Deferred Incentive Program - Fortive Stock Fund⁽¹⁾	⁽²⁾	09/25/2026		A	V	2.131		⁽³⁾	⁽³⁾	Common Stock	2.131	$56.09	1,710.066	I	By Spouse

Explanation of Responses:

1. The reported securities are notional dividend accruals on phantom shares in the Fortive stock fund (the "EDIP Stock Fund") under Fortive's Executive Deferred Incentive Program (the "EDIP"). The number of phantom shares accrued as a result of such notional dividend accruals is based on the closing price of the Issuer's common stock as reported on the NYSE on the date such dividend accruals are credited to the EDIP Stock Fund, which is the price shown in Table II, Column 8 above.

2. The notional shares convert on a one-to-one basis.

3. 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	09/28/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR