Form 4: Fortive Corp Executive Newcombe Reports Stock Transactions
SEC Form 4 Filing
Tamara S. Newcombe, President & CEO of PT at Fortive Corp, reports acquisition and disposal of common stock and Restricted Stock Units (RSUs) following the achievement of performance criteria.
Summary
- On February 24, 2025, Tamara S. Newcombe, President & CEO of PT at Fortive Corp, reported transactions involving Fortive Corp common stock.
- Newcombe disposed of 895 shares of common stock at $80.1 for tax purposes related to vesting of restricted stock units.
- She acquired 1,337 shares of common stock related to the achievement of performance criteria for previously awarded RSUs.
- Additionally, she acquired 11,143 shares of common stock related to the achievement of performance criteria for previously awarded Performance Stock Units (PSUs).
- Following these transactions, Newcombe directly owns 78,702 shares of Fortive Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 02/28/2022 | Committee awarded the Reporting Person Performance Stock Units (PSUs) subject to achievement of corresponding performance criteria. |
| 02/26/2024 | The Compensation Committee awarded the Reporting Person RSUs with the opportunity to earn additional RSUs ('Additional RSUs') upon achievement of corresponding performance criteria. |
| 02/24/2025 | Date of earliest transaction; Committee determined performance criteria for Additional RSUs and PSUs have been achieved. |
| 02/26/2025 | Date of signature for the report. |
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