Form 4: Fortive Corp Executive Christopher M. Mulhall Reports Changes in Beneficial Ownership

Christopher M. Mulhall, VP Chief Accounting Officer of Fortive Corp, reports changes in beneficial ownership of company stock due to tax withholding related to vesting of restricted stock units.

Summary

• On February 23, 2024, Christopher M. Mulhall, VP Chief Accounting Officer of Fortive Corp, filed a Form 4 indicating changes in his beneficial ownership of the company's common stock.
• The filing reports the withholding of 292 shares at a price of $86.11 for tax purposes related to the vesting and distribution of restricted stock units.
• An additional 83 shares were withheld at the same price for tax purposes related to the vesting and distribution of restricted stock units.
• Following these transactions, Mulhall directly owns 20,081 shares of Fortive Corp common stock.
• Mulhall also indirectly owns 5,862 shares through his spouse, 531 shares through a 401(k), and 862 shares through his spouse's 401(k) as of January 31, 2024.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their potential alignment with shareholder interests.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it relates to tax withholding on vested stock.

Key Dates