Form 4: Fortive Corp Executive Tamara S. Newcombe Reports Stock Transaction
SEC Form 4 Filing
Tamara S. Newcombe, President & CEO of AHS and PT at Fortive Corp, reports a transaction involving the withholding of shares for tax purposes related to vesting restricted stock units.
Summary
- On May 15, 2024, Tamara S. Newcombe, President & CEO of AHS and PT at Fortive Corp, reported a transaction.
- The transaction involved the withholding of 597 shares of common stock at a price of $77.79 for tax purposes related to the vesting and distribution of restricted stock units.
- Following the transaction, Newcombe directly owns 69,384 shares of Fortive Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common and regulated to ensure transparency in the market. It provides information about the trading activities of company executives, which can be of interest to investors.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine tax-related withholding of shares.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of the stock transaction (withholding of shares for tax purposes). |
| 05/16/2024 | Date of signature by attorney-in-fact. |
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