Form 4: Fortive Corp CFO Charles McLaughlin Reports Stock Sale and Tax Withholding

Charles McLaughlin, SVP and CFO of Fortive Corp, reported the sale of 40,837 shares of common stock at an average price of $86.28 and the withholding of 953 shares for tax purposes.

Summary

• Charles McLaughlin, the SVP and Chief Financial Officer of Fortive Corp, filed a Form 4 with the SEC.
• On February 28, 2024, McLaughlin sold 40,837 shares of Fortive Corp common stock at a weighted average price of $86.28 per share.
• The sale price ranged from $86.18 to $86.35.
• On February 29, 2024, 953 shares were withheld for tax purposes related to the vesting and distribution of performance stock units at a price of $86.29.
• Following these transactions, McLaughlin directly owns 60,902 shares of Fortive Corp common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of insider transactions, which are common among corporate executives. It provides transparency to investors regarding the trading activities of company insiders.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, depending on the overall market reaction and the volume of shares traded.

Key Dates