Fortive's Amee Desjourdy accrues 1.329 phantom shares
The chief people officer's accrual reflects notional dividends; vested EDIP balances are settled in common stock upon employment termination.
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Rhea-AI Filing Summary
Fortive Corp SVP - Chief People Officer Amee Desjourdy reported an accrual of 1.3290 phantom shares in the Executive Deferred Incentive Program Stock Fund on September 25, 2026. The notional dividend accrual was based on Fortive common stock’s $56.09 closing price that day, bringing her reported balance to 1,066.4880 phantom shares. The notional shares convert one-to-one to common stock; upon termination of employment, the vested portion of the EDIP Stock Fund is settled in common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Executive Deferred Incentive Program - Fortive Stock Fund F1, F2, F3 | 1.329 | $56.09 | $74.54 |
Footnotes (3)
- 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.
- F2. The notional shares convert on a one-to-one basis.
- 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
Key Terms
notional dividend accrual financial
Executive Deferred Incentive Program financial
EDIP Stock Fund financial
FAQ
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How does vesting work under Fortive’s EDIP?
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