Form 4: Fortive Director Gregory Moore Receives Annual Equity Grant

Fortive Corp. Director Gregory J. Moore was granted 2,120 restricted stock units and 2,140 stock options as part of his annual equity compensation.

Summary

• Fortive Corp. Director Gregory J. Moore received an annual equity grant on June 2, 2025.
• The grant includes 2,120 restricted stock units (RSUs) of Fortive common stock, which were acquired at a price of $0.
• These RSUs are part of the annual equity grant and will vest on the earlier of the first anniversary of the grant date or immediately prior to the Issuer's 2026 annual meeting of stockholders.
• Additionally, Mr. Moore was granted 2,140 Director Stock Options with an exercise price of $70.26 per share.
• These stock options were granted on June 2, 2025, and have an expiration date of June 2, 2035.
• The transactions were made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 7

Explanation: The filing reports a routine annual equity grant to a director, which is a positive for aligning interests but does not indicate significant new operational or financial developments for the company.

Positives

• The grant of restricted stock units and stock options to Director Gregory J. Moore aligns his financial interests with those of Fortive Corp. shareholders.
• The use of a Rule 10b5-1 plan for the transaction indicates a pre-planned and transparent approach to insider trading, enhancing corporate governance.

Negatives

• No negative information is presented in this Form 4 filing.

Risks

• This Form 4 filing does not disclose any specific risks to the company or its operations.

Future Outlook

The restricted stock units granted to Director Moore are scheduled to vest on the earlier of June 2, 2026 (one year from grant date) or immediately prior to Fortive's 2026 annual meeting of stockholders. The underlying shares will be delivered upon vesting. The stock options have an expiration date of June 2, 2035.

Industry Context

The granting of equity compensation, such as restricted stock units and stock options, to directors is a standard practice across various industries, including the industrial technology sector where Fortive operates. This method is widely used to incentivize long-term performance and align the interests of directors with those of shareholders.

Comparison to Industry Standards

• The compensation structure involving restricted stock units and stock options for directors is a common practice in publicly traded companies, including those in the industrial technology and diversified manufacturing sectors.
• While specific grant sizes vary by company size, performance, and individual roles, this type of equity-based compensation is consistent with global benchmarks for corporate governance and executive/director incentive programs.
• For example, companies like Danaher Corporation (a former parent company of Fortive) and other industrial peers often utilize similar equity compensation plans for their non-employee directors to foster long-term alignment.

Corporate Governance

Related Party Transactions

• The grant of 2,120 restricted stock units and 2,140 stock options to Gregory J. Moore, a director of Fortive Corp., constitutes a related party transaction as it involves compensation provided by the company to a member of its board.

Stakeholder Impact

• **Shareholders**: The equity grant aligns the director's financial incentives with shareholder interests, potentially encouraging decisions that enhance long-term stock value.
• **Employees**: No direct impact on employees is indicated by this filing.
• **Customers/Suppliers/Creditors**: No direct impact on these stakeholders is indicated by this filing.

Next Steps

• Vesting of the 2,120 restricted stock units on the earlier of June 2, 2026, or prior to the 2026 annual meeting.
• Potential exercise of the 2,140 director stock options by June 2, 2035.

Key Dates

Keywords

Fortive Corp, FTV, Form 4, Insider Transaction, Beneficial Ownership, Stock Options, Restricted Stock Units, Equity Grant, Director Compensation, Corporate Governance, Rule 10b5-1