Fortive CEO has 3,777 shares withheld for taxes
Fortive Corp President & CEO Olumide Soroye reported routine equity compensation activity.
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Rhea-AI Filing Summary
Fortive Corp President & CEO Olumide Soroye reported routine equity compensation activity. On July 2, 2026, 3,777 shares of common stock were disposed of at $62.65 per share to cover tax obligations on vesting restricted stock units, leaving 254,186 common shares held directly. On July 6, 2026, he acquired 11.266 notional phantom shares at $63.60 under Fortive’s Executive Deferred Incentive Program stock fund, bringing that notional balance to 11,952.933 units that track Fortive common stock on a one-to-one basis.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Executive Deferred Incentive Program - Fortive Stock Fund | 11.266 | $63.60 | $716.52 |
| Exercise Price or Tax Liability | Common Stock | 3,777 | $62.65 | $237K |
Footnotes (4)
- F1. This transaction relates to the aggregate withholding of shares for tax purposes in connection with the vesting and distribution of restricted stock units.
- F2. 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.
- F3. The notional shares convert on a one-to-one basis.
- F4. 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
Key Terms
Executive Deferred Incentive Program financial
restricted stock units financial
notional dividend accruals financial
one-to-one basis financial
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