Form 4: Fortive Corp Director Lassiter Wright III Acquires Additional Shares Through Dividend Reinvestment
SEC Form 4
Director Lassiter Wright III increased his holdings in Fortive Corp through an automatic dividend reinvestment, acquiring 2.451 shares at $74.823 per share.
Summary
- On March 27, 2025, Lassiter Wright III, a director of Fortive Corp, acquired 2.451 shares of common stock.
- The acquisition was made through an automatic dividend reinvestment service at a price of $74.823 per share.
- Following the transaction, Wright's total direct holdings in Fortive Corp amount to 12,374.884 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction (dividend reinvestment) by a director, indicating a continued stake in the company, but not necessarily a strong buy signal.
Positives
- The director's increased stake in the company could be seen as a positive signal.
Industry Context
Dividend reinvestment plans are a common way for shareholders, including directors, to increase their holdings in a company, reflecting confidence in its future performance.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 03/27/2025 | Date of transaction: Lassiter Wright III acquired shares through dividend reinvestment. |
| 03/31/2025 | Date of signature on the Form 4 filing. |
Keywords
Fortive Corp, Director, Lassiter Wright III, Dividend Reinvestment, Share Acquisition, Form 4, FTV
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