Form 4: Fortive Corp CEO James A. Lico Sells 80,000 Shares

Fortive Corp's CEO, James A. Lico, sold 80,000 shares of common stock at a weighted average price of $74.84 on November 15, 2024.

Summary

• James A. Lico, the President and CEO of Fortive Corp, sold 80,000 shares of common stock on November 15, 2024.
• The shares were sold at a weighted average price of $74.84.
• The sale was executed in multiple transactions with prices ranging from $74.570 to $75.110.
• Following the transaction, Mr. Lico directly owns 489,153 shares of Fortive Corp.
• He also indirectly owns 19,916 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a neutral report of an executive stock sale, which is a common occurrence and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity and is common for executives of publicly traded companies.

Comparison to Industry Standards

• Executive stock sales are a common occurrence in publicly traded companies.
• The sale by Mr. Lico is within the normal range of executive transactions.
• Similar filings are made by executives at companies like Danaher (DHR) and Honeywell (HON), which are in the same industrial sector as Fortive.

Stakeholder Impact

• The stock sale may have a minor impact on the share price, but it is unlikely to be significant given the volume of shares traded daily.

Key Dates

Keywords

Fortive Corp, James A. Lico, stock sale, insider trading, executive transaction, FTV