Fortive director exercises options, sells 7,131 shares
Fortive director Kate Mitchell reported several equity transactions involving company stock.
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Rhea-AI Filing Summary
Fortive director Kate Mitchell reported several equity transactions involving company stock. On February 18, 2026, she exercised a Director Stock Option for 7,131 shares at an exercise price of $29.58 per share, converting a derivative award into common stock. The filing then shows she sold 7,131 shares of common stock in an open-market transaction at a weighted average price of about $58.34 per share, leaving 31,775 common shares held directly after the sale. An additional 4,260 common shares are reported as held indirectly in a living trust. Footnotes explain that both the stock options and restricted stock units reflect anti-dilution adjustments related to the spin-off of Ralliant Corporation and that the sale price represents a weighted average across multiple trades.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Director Stock Option (Right to Buy) | 7,131 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,131 | $29.58 | $211K |
| Sale | Common Stock | 7,131 | $58.34 | $416K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. In connection with the spin-off of Ralliant Corporation by the Issuer, outstanding Restricted Stock Units ("RSUs"), including RSUs previously granted to the Reporting Person, were subject to anti-dilution adjustments ("Anti-Dilution Adjustment"). To the extent that the outstanding RSUs granted to the Reporting Person were previously reported under Table I, the total number of shares reported include the additional RSUs held by the Reporting Person as a result of the Anti-Dilution Adjustment.
- F2. The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.330 to $58.351. The Reporting Person undertakes to provide to the Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F3. The Director Stock Options reported herein, including the number of options and the exercise price, reflect the Anti-Dilution Adjustment.
FAQ
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What did Fortive (FTV) director Kate Mitchell report in this Form 4?
What option exercise did Kate Mitchell report for Fortive (FTV)?
What do the anti-dilution adjustments mentioned in the Fortive (FTV) Form 4 mean?
How is the sale price range for Kate Mitchell’s Fortive (FTV) stock described?
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