STOCK TITAN

Fortive (NYSE: FTV) director defers $197,500 of retainer into RSUs

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

Rhea-AI Filing Summary

Dubey Sharmistha reported acquisition or exercise transactions in this Form 4 filing.

Fortive Corp director Sharmistha Dubey reported receiving new stock-based compensation in the form of restricted stock units (RSUs). On June 9, 2026, she was granted 3,305 "Annual Grant RSUs" as her annual equity grant and 4,895 "Deferral RSUs" tied to her board retainer.

The Deferral RSUs were issued based on a 20-day average price of $59.78 in exchange for $197,500 of annual cash retainer that she elected to defer into stock units. Both RSU awards vest on the earlier of the first anniversary of the grant date or Fortive’s 2027 annual stockholders’ meeting, with actual share delivery deferred until the earlier of her death or several months after retirement from the Board.

Positive

  • None.

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  • None.
Insider Dubey Sharmistha
Role null
Type Security Shares Price Value
Grant/Award Common Stock 4,895 $0.00 --
Grant/Award Common Stock 3,305 $59.78 $198K
Holdings After Transaction: Common Stock — 34,590 shares (Direct, null)
Footnotes (1)
  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. On June 9, 2026, the Issuer granted to the Reporting Person restricted stock units ("Deferral RSUs") of the Issuer in the amount indicated, based on a 20-day average price of $59.78, pursuant to deferral election made by the Reporting Person of $197,500 in annual retainer that would otherwise have been paid in cash. Since the Deferral RSUs are payable solely in common stock, they are being reported in Table I of this Form 4. The Deferral 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 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.
Annual Grant RSUs 3,305 shares Restricted stock units granted June 9, 2026 as annual equity grant
Deferral RSUs 4,895 shares Restricted stock units issued June 9, 2026 under retainer deferral
Average price for Deferral RSUs $59.78 per share 20-day average price used to convert $197,500 retainer
Deferred cash retainer $197,500 Annual board retainer converted into Deferral RSUs
Shares after Annual Grant RSUs 37,895 shares Total common shares reported following 3,305-unit grant
Shares after Deferral RSUs 34,590 shares Total common shares reported following 4,895-unit grant
restricted stock units financial
"the Issuer granted to the Reporting Person restricted stock units ("Annual Grant RSUs") of the Issuer"
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") of the Issuer in the amount indicated"
Deferral RSUs financial
"the Issuer granted to the Reporting Person restricted stock units ("Deferral RSUs") of the Issuer in the amount indicated"
deferral election financial
"pursuant to deferral election made by the Reporting Person of $197,500 in annual retainer"
annual retainer financial
"deferral election made by the Reporting Person of $197,500 in annual retainer that would otherwise have been paid in cash"
Board of Directors financial
"the first day of the seventh month following the Reporting Person's retirement from the Board of Directors of the Issuer"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
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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*
Dubey Sharmistha

(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 Stock06/09/2026A4,895(1)A$034,590D
Common Stock06/09/2026A3,305(2)A$59.7837,895D
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.
2. On June 9, 2026, the Issuer granted to the Reporting Person restricted stock units ("Deferral RSUs") of the Issuer in the amount indicated, based on a 20-day average price of $59.78, pursuant to deferral election made by the Reporting Person of $197,500 in annual retainer that would otherwise have been paid in cash. Since the Deferral RSUs are payable solely in common stock, they are being reported in Table I of this Form 4. The Deferral 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 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 did Fortive (FTV) director Sharmistha Dubey report on this Form 4?

Sharmistha Dubey reported receiving two grants of restricted stock units in Fortive common stock. These include an annual equity RSU grant and an additional RSU grant issued in lieu of a cash board retainer under her deferral election.

How many Fortive (FTV) Annual Grant RSUs did Sharmistha Dubey receive?

She received 3,305 restricted stock units as her Annual Grant RSUs. These units represent her annual equity grant as a director and will vest based on time, rather than performance, under Fortive’s director compensation arrangements.

What are the Deferral RSUs reported by Fortive (FTV) director Sharmistha Dubey?

The Deferral RSUs are 4,895 restricted stock units issued instead of cash retainer payments. They were granted pursuant to her deferral election, converting $197,500 of annual board retainer into stock-based compensation at a specified average share price.

At what price were Sharmistha Dubey’s Fortive (FTV) Deferral RSUs calculated?

The Deferral RSUs were based on a 20-day average Fortive share price of $59.78. This average price was used to determine how many restricted stock units she received in exchange for the $197,500 in deferred annual cash retainer.

When do Sharmistha Dubey’s Fortive (FTV) RSUs vest?

Both the Annual Grant RSUs and Deferral RSUs vest on the earlier of the first anniversary of the June 9, 2026 grant date or Fortive’s 2027 annual stockholders’ meeting. Vesting reflects her continued board service over this period.

When will the Fortive (FTV) shares from these RSUs actually be delivered to Sharmistha Dubey?

The underlying Fortive shares will be issued at the earlier of her death or the first day of the seventh month after she retires from the Board. This delayed delivery feature applies to both the Annual Grant RSUs and the Deferral RSUs.