Fortive CFO adds EDIP phantom stock units

Fortive Corp Senior Vice President and Chief Financial Officer Mark D. Okerstrom acquired additional phantom stock units through the company’s Executive Deferred Incentive Program.

Rhea-AI Filing Summary

Fortive Corp Senior Vice President and Chief Financial Officer Mark D. Okerstrom acquired additional phantom stock units through the company’s Executive Deferred Incentive Program. On this Form 4, he was credited with 3.732 notional shares in the Fortive Stock Fund at a reference price of $53.92 per share, reflecting notional dividend accruals tied to Fortive common stock. Following this accrual, his balance in the Fortive Stock Fund rose to 3,358.15 phantom shares, which are designed to mirror the value of Fortive common stock and ultimately settle in shares upon certain vesting and employment conditions.

Insider Trade Summary

Grant/Award: 3.732 shares

Grant/Award 1 txn

Insider Okerstrom Mark D

Role SVP - Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Executive Deferred Incentive Program - Fortive Stock Fund	3.732	$53.92	$201.23

Holdings After Transaction: Executive Deferred Incentive Program - Fortive Stock Fund — 3,358.15 contracts (Direct)

Footnotes (3)

1. 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.
2. F2. The notional shares convert on a one-to-one basis.
3. 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

Phantom shares acquired: 3.732 shares Reference price per share: $53.92 per share Total EDIP phantom shares after transaction: 3,358.15 shares +1 more

4 metrics

Phantom shares acquired 3.732 shares Notional dividend accrual in EDIP Stock Fund on 2026-03-27

Reference price per share $53.92 per share Closing price used to calculate EDIP notional shares

Total EDIP phantom shares after transaction 3,358.15 shares Fortive Stock Fund balance for Mark D. Okerstrom

Conversion ratio 1:1 EDIP phantom shares convert one-to-one into common stock

Key Terms

Executive Deferred Incentive Program, phantom shares, notional dividend accruals, Fortive Stock Fund, +1 more

5 terms

Executive Deferred Incentive Program financial

"under Fortive's Executive Deferred Incentive Program (the "EDIP")."

phantom shares financial

"notional dividend accruals on phantom shares in the Fortive stock fund"

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.

notional dividend accruals financial

"The reported securities are notional dividend accruals on phantom shares"

Fortive Stock Fund financial

"phantom shares in the Fortive stock fund (the "EDIP Stock Fund")"

vested portion financial

"Upon termination of employment, the vested portion of the EDIP Stock Fund is settled"

FAQ

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

What insider transaction did Fortive (FTV) report for CFO Mark Okerstrom?

Fortive reported that CFO Mark D. Okerstrom acquired 3.732 phantom shares in the Executive Deferred Incentive Program’s Fortive Stock Fund. This reflects notional dividend accruals rather than an open-market stock purchase or sale, and increases his deferred compensation exposure to Fortive stock.

How many EDIP phantom shares does Fortive CFO Mark Okerstrom hold after this Form 4?

After the reported transaction, Mark D. Okerstrom holds 3,358.15 phantom shares in the Fortive Stock Fund under the Executive Deferred Incentive Program. These notional shares track Fortive’s common stock value and are ultimately settled in stock once vesting and employment conditions are met.

Was the Fortive (FTV) insider transaction a stock purchase or sale?

The transaction was classified as an acquisition under code A, representing a grant or award, not an open-market buy or sell. It reflects notional dividend accruals credited as 3.732 phantom shares in the Executive Deferred Incentive Program rather than cash trading in Fortive stock.

What price was used to credit the new Fortive EDIP phantom shares?

The 3.732 phantom shares were credited using a reference price of $53.92 per share, based on Fortive’s NYSE closing price on the accrual date. This price is used solely to calculate the number of notional shares from the dividend amount under the deferred incentive program.

How do Fortive’s EDIP phantom shares convert for CFO Mark Okerstrom?

Footnotes state the EDIP phantom shares convert to Fortive common stock on a one-to-one basis upon settlement. Vesting depends on factors such as voluntary contributions, years of service, age, and termination conditions, after which vested amounts are settled in Fortive common stock.

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

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Accepted by SEC EDGAR 03/31/2026 - 04:15 PM Learn about SEC filing dates

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^*

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP - Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026

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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Executive Deferred Incentive Program - Fortive Stock Fund(1)	(2)	03/27/2026		A	V	3.732		(3)	(3)	Common Stock	3.732	$53.92	3,358.15	D

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	03/31/2026
	** 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)