[Form 4] Fortive Corp Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Soroye Olumide
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Executive Deferred Incentive Program - Fortive Stock Fund | 11.266 | $63.60 | $716.52 |
| Tax Withholding | Common Stock | 3,777 | $62.65 | $237K |
Holdings After Transaction:
Executive Deferred Incentive Program - Fortive Stock Fund — 11,952.933 shares (Direct, null);
Common Stock — 254,186 shares (Direct, null)
Footnotes (1)
- This transaction relates to the aggregate withholding of shares for tax purposes in connection with the vesting and distribution of restricted stock units. 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. The notional shares convert on a one-to-one basis. 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
Tax-withholding shares: 3,777 shares
Common shares held after: 254,186 shares
Phantom shares accrued: 11.266 units
+3 more
6 metrics
Tax-withholding shares
3,777 shares
Common stock delivered for RSU tax obligations at $62.65
Common shares held after
254,186 shares
Direct Fortive common stock holdings post-tax withholding
Phantom shares accrued
11.266 units
Notional dividend accruals in EDIP Stock Fund at $63.60
Total EDIP phantom shares
11,952.933 units
Executive Deferred Incentive Program Fortive Stock Fund balance
RSU tax price
$62.65 per share
Value used for 3,777-share tax-withholding disposition
EDIP reference price
$63.60 per share
Closing NYSE price used for notional dividend accruals
Key Terms
Executive Deferred Incentive Program, phantom shares, restricted stock units, notional dividend accruals, +1 more
5 terms
Executive Deferred Incentive Program financial
"under Fortive's Executive Deferred Incentive Program (the "EDIP")."
restricted stock units financial
"withholding of shares for tax purposes in connection with the vesting and distribution of restricted stock units."
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.
notional dividend accruals financial
"The reported securities are notional dividend accruals on phantom shares in the Fortive stock fund"
one-to-one basis financial
"The notional shares convert on a one-to-one basis."