FTV Form 4: CEO Soroye Olumide RSU tax withholding and RSU adjustment
Rhea-AI Filing Summary
Soroye Olumide, President & CEO of Fortive Corporation (FTV) reported the disposition of 13,280 shares on 08/25/2025 at a price of $48.51 per share. The filing identifies these shares as withheld for tax purposes in connection with the vesting and distribution of restricted stock units (RSUs). After this transaction the reporting person beneficially owned 139,871 shares. The filing also notes that outstanding RSUs were adjusted by an anti-dilution adjustment related to the spin-off of Ralliant Corporation, which increased the total RSUs reflected in the report. The Form 4 was signed by an attorney-in-fact on 08/26/2025.
Positive
- Transaction disclosed as tax withholding for RSU vesting, indicating routine equity compensation administration
- Anti-dilution adjustment from the Ralliant spin-off is disclosed, clarifying changes to outstanding RSUs
- Form 4 signed by attorney-in-fact, showing formal compliance with reporting requirements
Negative
- Beneficial ownership decreased by 13,280 shares following the withholding event
- Insider disposed of shares at $48.51, which reduces the reporting person’s economic stake
Insights
TL;DR: Insider share disposition was a tax-withholding event tied to RSU vesting, not an open-market sale for cash.
The Form 4 shows 13,280 shares were withheld at $48.51 per share to satisfy tax obligations arising from RSU vesting and distribution. This type of transaction typically reflects routine tax-related share retention rather than discretionary divestiture. The report also discloses an anti-dilution adjustment to RSUs following the Ralliant Corporation spin-off, which altered the total RSU count for the reporting person. The net beneficial ownership after the withholding is 139,871 shares.
TL;DR: The filing documents compliant insider reporting and an RSU adjustment from a corporate spin-off.
The Form 4 is properly filed and signed by an attorney-in-fact, documenting a withholding event for tax purposes tied to vested RSUs and an anti-dilution adjustment from the Ralliant spin-off. From a governance perspective, the disclosure is consistent with standard executive equity administration and post-spin equity adjustments. The retained beneficial ownership of 139,871 shares remains clearly reported.