Form 4: Fortive Corp Executive Peter C. Underwood Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Peter C. Underwood, SVP General Counsel of Fortive Corp, reports disposing of shares to cover tax obligations related to vesting performance stock units.
Summary
- On February 26, 2025, Peter C. Underwood disposed of 765 shares of Fortive Corp common stock at a price of $79.91 per share to cover tax obligations.
- Following this transaction, Underwood directly owns 57,830 shares of Fortive Corp common stock.
- On February 27, 2025, Underwood disposed of 525 shares of Fortive Corp common stock at a price of $79.6 per share to cover tax obligations.
- Following this transaction, Underwood directly owns 57,305 shares of Fortive Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing 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.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to tax obligations and do not indicate a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Peter C. Underwood disposed of 765 shares of Fortive Corp common stock at $79.91 per share. |
| 02/27/2025 | Peter C. Underwood disposed of 525 shares of Fortive Corp common stock at $79.6 per share. |
| 02/28/2025 | Date of signature for the Form 4 filing. |
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