Form 4: Fortive Corp CEO James A. Lico Sells $12.65 Million in Common Stock
SEC Form 4 Filing
James A. Lico, President and CEO of Fortive Corp, sold 175,000 shares of common stock at an average price of $72.40 on May 15, 2025.
Summary
- On May 15, 2025, James A. Lico, the President and CEO of Fortive Corp, sold 175,000 shares of Fortive Corp common stock.
- The sale was executed at a weighted average price of $72.40 per share, resulting in a total transaction value of $12,670,000.
- Following the transaction, Lico directly owns 428,585 shares of Fortive Corp common stock.
- Lico also indirectly owns 19,949 shares through a 401(k) plan as of April 30, 2025.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing an insider stock sale. It doesn't inherently convey positive or negative sentiment, but the size of the sale could be interpreted in different ways.
Industry Context
This is a standard Form 4 filing, reporting an insider transaction. Insider sales are common and don't necessarily indicate a negative outlook for the company, but are closely watched by investors.
Comparison to Industry Standards
- Insider trading activity is a common occurrence in publicly traded companies.
- Monitoring insider transactions is a standard practice for investors to gauge management's sentiment and confidence in the company's future prospects.
- Comparing Lico's transactions to those of executives at similar industrial companies like Danaher (DHR) or Roper Technologies (ROP) can provide context, but each situation is unique.
Stakeholder Impact
- The stock sale could have a minor impact on shareholder sentiment, depending on how it's perceived by the market.
- The transaction doesn't directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 04/30/2025 | Date of plan statement for 401(k) holdings. |
| 05/15/2025 | Date of the stock sale transaction. |
| 05/16/2025 | Date of signature for the Form 4 filing. |
Keywords
Fortive Corp, James A. Lico, stock sale, Form 4, insider trading, FTV, CEO
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