Form 4: Fortive Director Rejji P. Hayes Increases Equity Stake

Director Rejji P. Hayes acquired 5,525 shares of Fortive Corp common stock through annual equity grants and retainer deferrals.

Summary

• Director Rejji P. Hayes received an annual equity grant of 3,350 restricted stock units (RSUs) on June 9, 2026.
• Director Hayes elected to defer $130,000 of his annual cash retainer into 2,175 deferred RSUs at a price of $59.78 per share.
• Following these transactions, the director's total beneficial ownership in Fortive Corp increased to 34,326 shares.
• Both sets of RSUs vest on the earlier of the first anniversary of the grant date or the 2027 annual meeting of stockholders.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral-to-positive event, as it reflects standard director compensation and a commitment to equity ownership without signaling a change in company strategy.

Positives

• Demonstrates alignment of interest between the director and shareholders through increased equity ownership.
• The director's decision to defer cash compensation into equity indicates confidence in the company's long-term value.

Negatives

• None identified.

Risks

• Vesting and issuance of shares are subject to the director's continued service and specific retirement or death triggers.

Future Outlook

The RSUs are scheduled to vest on the earlier of the first anniversary of the grant date or the date of the 2027 annual meeting of stockholders, with share issuance deferred until retirement or death.

Industry Context

StockSavvy.ai notes that director equity deferrals are a standard corporate governance practice used to ensure board members maintain a significant financial stake in the company's performance, aligning their incentives with those of long-term shareholders.

Comparison to Industry Standards

• The use of RSU deferral programs is consistent with best practices for S&P 500 companies to encourage long-term director commitment.
• The grant size and structure are typical for non-employee director compensation packages in the industrial technology sector.

Stakeholder Impact

• Positive signal for shareholders as it demonstrates director confidence and alignment.

Next Steps

• Vesting of RSUs on the earlier of June 9, 2027, or the 2027 annual meeting of stockholders.

Key Dates

Keywords

Fortive, FTV, Director, Insider Trading, Equity Grant, Form 4, Stock Ownership