Form 4: Fortive Corp Executive Charles E. McLaughlin Reports Changes in Beneficial Ownership

Charles E. McLaughlin, SVP Chief Financial Officer of Fortive Corp, reports changes in beneficial ownership due to participation in the Executive Deferred Incentive Program.

Summary

• Charles E. McLaughlin, a Senior Vice President and Chief Financial Officer at Fortive Corp, filed a Form 4 with the SEC.
• The filing reports changes in his beneficial ownership of Fortive Corp stock.
• The transaction occurred on March 13, 2024.
• McLaughlin acquired 2,045.401 notional shares of Fortive Corp common stock through the Executive Deferred Incentive Program (EDIP) at a price of $85.46 per share.
• Following the reported transaction, McLaughlin beneficially owns 27,974.016 shares.
• These shares are held directly.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It reflects routine executive compensation practices.

Positives

• The acquisition of shares through the EDIP indicates McLaughlin's continued investment and alignment with Fortive Corp's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates an executive's participation in a deferred compensation program, which is a common practice.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and ownership.

Key Dates