Fortive (NYSE: FTV) director granted 3,350 RSUs in annual equity award
Rhea-AI Filing Summary
COMAS DANIEL L reported acquisition or exercise transactions in this Form 4 filing.
Fortive Corp director Daniel L. Comas reported a compensation-related stock grant. On June 9, 2026, he received 3,350 restricted stock units as his annual equity grant, payable solely in common stock. These units vest on the earlier of the first anniversary of the grant date or Fortive’s 2027 annual shareholder meeting.
Based on his election, the underlying shares will not be issued until the earlier of his death or the first anniversary after his retirement from the Board. Following this grant, Comas directly holds 53,122 shares of Fortive common stock, with additional indirect holdings of 75 shares through irrevocable trusts and 1,721 shares held by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,350 shares
Net Buy
3 txns
Insider
COMAS DANIEL L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,350 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 53,122 shares (Direct);
Common Stock — 1,721 shares (Indirect, By Spouse);
Common Stock — 75 shares (Indirect, Through Irrevocable Trusts)
Footnotes (1)
- F1. 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 anniversary following the Reporting Person's retirement from the Board of Directors of the Issuer.
Key Figures
RSU grant size: 3,350 shares
Direct holdings after grant: 53,122 shares
Indirect holdings via trusts: 75 shares
+2 more
5 metrics
RSU grant size
3,350 shares
Annual restricted stock unit grant on June 9, 2026
Direct holdings after grant
53,122 shares
Fortive common stock directly held after RSU award
Indirect holdings via trusts
75 shares
Common stock held through irrevocable trusts
Indirect holdings by spouse
1,721 shares
Common stock held by spouse as indirect ownership
Grant date
June 9, 2026
Date RSUs were granted to Daniel L. Comas
Key Terms
restricted stock units, Annual Grant RSUs, irrevocable trusts, Board of Directors, +1 more
5 terms
restricted stock units financial
"the Issuer 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
"Since the Annual Grant RSUs are payable solely in common stock"
irrevocable trusts financial
"nature_of_ownership": "Through Irrevocable Trusts""
Board of Directors financial
"the first anniversary 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.
Form 4 regulatory
"they are being reported in Table I of this Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Fortive (FTV) director Daniel L. Comas report?
Daniel L. Comas reported receiving 3,350 restricted stock units as an annual equity grant. The units are payable solely in Fortive common stock and represent compensation, not an open-market purchase or sale, aligning his interests with shareholders through additional stock-based awards.
When do Daniel L. Comas’s new Fortive RSUs vest and settle?
The 3,350 restricted stock units vest on the earlier of the first anniversary of the June 9, 2026 grant date or Fortive’s 2027 annual shareholder meeting. Shares will be issued upon the earlier of his death or the first anniversary after retirement from the Board.
Are Daniel L. Comas’s reported Fortive RSUs an open-market stock purchase?
No, the 3,350 restricted stock units are an annual equity grant, not an open-market purchase. They were granted at no cash cost per share as director compensation, with vesting tied to service and share delivery deferred until specific future events.
How are Daniel L. Comas’s indirect Fortive holdings structured?
The filing shows 75 Fortive common shares held through irrevocable trusts and 1,721 shares held by his spouse. These positions are reported as indirect ownership, reflecting shares associated with related parties rather than directly in his own name.