FTV.NYSEFortive CORP

Form 4: Fortive Corp Executive Tamara S. Newcombe Reports Stock Disposal for Tax Obligations

Sentiment:

SEC Form 4 Filing


Tamara S. Newcombe, President & CEO of AHS and PT at Fortive Corp, disposed of 608 shares of common stock on February 20, 2025, to cover tax obligations related to vesting restricted stock units.

Summary

  • On February 20, 2025, Tamara S. Newcombe, President & CEO of AHS and PT at Fortive Corp, disposed of 608 shares of common stock.
  • The transaction was executed at a price of $81.84 per share.
  • The disposal was related to the withholding of shares for tax purposes in connection with the vesting and distribution of restricted stock units.
  • Following the transaction, Newcombe directly owns 67,117 shares of Fortive Corp common stock.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (stock disposal for tax purposes) and doesn't inherently indicate positive or negative sentiment regarding the company's performance.

Industry Context

Executive stock transactions are routinely monitored by investors as they can provide insights into an executive's perspective on the company's performance and future prospects. This particular transaction appears to be related to tax obligations, which is a common reason for such disposals.

Stakeholder Impact

  • The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.

Key Dates

DateDescription
02/20/2025Date of stock disposal transaction.
02/24/2025Date of signature by attorney-in-fact.

Keywords

Form 4, Fortive Corp, Tamara S. Newcombe, Stock Disposal, Restricted Stock Units, Tax Withholding, Executive Compensation, Beneficial Ownership

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