Form 4: Fortive Corp Executive Jonathan L. Schwarz Reports Stock Disposal for Tax Obligations

SVP of Corporate Development at Fortive Corp, Jonathan L. Schwarz, disposed of 620 shares of common stock on February 20, 2025, to cover tax obligations related to vesting restricted stock units.

Summary

• On February 20, 2025, Jonathan L. Schwarz, SVP Corporate Development at Fortive Corp, disposed of 620 shares of common stock.
• The transaction was executed to cover tax obligations associated with the vesting and distribution of restricted stock units.
• The shares were disposed of at a price of $81.84 per share.
• Following the transaction, Schwarz beneficially owns 67,541 shares of Fortive Corp common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing regarding stock transactions, and does not inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small percentage of the total outstanding shares.

Key Dates

Keywords

Form 4, Fortive Corp, Jonathan L. Schwarz, Stock Disposal, Tax Obligations, Restricted Stock Units, Beneficial Ownership, Corporate Development