Fortive Executive's Stock Holdings Rise to 61,680 Shares Following PSU Vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fortive Corp SVP of Human Resources Stacey A. Walker received a significant equity award vesting confirmation. On June 27, 2025, the Compensation Committee confirmed the achievement of performance criteria for 9,835 Performance Stock Units (PSUs) that were originally granted on February 27, 2023.
Key details of the transaction:
- The PSUs will convert to common stock on a one-to-one basis
- Following the transaction, Walker beneficially owns 61,680 shares directly
- The PSUs will fully vest on the third anniversary of the original grant date
- A one-year holding period requirement applies after vesting
This Form 4 filing represents a performance milestone achievement rather than a new equity grant or market transaction, demonstrating the company's execution of its long-term executive compensation strategy.
Positive
- SVP of Human Resources Stacey Walker received 9,835 shares worth approximately $750,000 based on performance achievement, demonstrating successful execution of corporate goals
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Walker Stacey A.
Role
SVP - Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,835 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 61,680 shares (Direct)
Footnotes (1)
- On February 27, 2023, the Compensation Committee (the "Committee") awarded the Reporting Person Performance Stock Units ("PSUs") subject to achievement of corresponding performance criteria. This transaction is being reported in connection with the determination by the Committee on June 27, 2025 that the performance criteria of the PSUs have been achieved. The shares vest on the third anniversary of the original grant date and remain subject to a one-year holding period requirement thereafter. PSUs are payable in shares of common stock on a one-to-one basis.
FAQ
What were the vesting conditions for FTV's PSUs granted to Stacey Walker?
The PSUs were originally granted on February 27, 2023, and vest on the third anniversary of the grant date (February 27, 2026). Additionally, the shares are subject to a one-year holding period requirement after vesting. The PSUs were subject to performance criteria, which the Compensation Committee determined were achieved on June 27, 2025.
What position does Stacey Walker hold at FTV?
Stacey Walker serves as SVP - Human Resources at Fortive Corporation (FTV).
What is the conversion ratio of FTV's Performance Stock Units to common stock?
According to the filing, the Performance Stock Units (PSUs) are payable in shares of common stock on a one-to-one basis.