Form 4: Fortive SVP Acquires Shares and Deferred Stock Units

Fortive's SVP Chief People Officer, Amee Desjourdy, reported the acquisition of 44,650 Restricted Stock Units and 1,062.97 notional shares through the Executive Deferred Incentive Program.

Summary

• Amee Desjourdy, SVP Chief People Officer of Fortive Corp (FTV), reported changes in beneficial ownership.
• Acquired 44,650 Restricted Stock Units (RSUs) effective March 2, 2026, which are subject to time-based vesting provisions.
• Acquired 1,062.97 notional shares in the Executive Deferred Incentive Program (EDIP) Fortive Stock Fund on February 27, 2026, at a price of $59.2 per notional share.
• RSUs are payable in shares of common stock on a one-to-one basis.
• Notional shares in the EDIP Stock Fund convert on a one-to-one basis to common stock upon settlement.
• Voluntary contributions to the EDIP Stock Fund vest immediately, while issuer contributions vest 100% upon the earlier of death, retirement (5 years service and age 55), or one-tenth per year after five years of participation.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as moderately positive, as it reflects an executive's acquisition of company equity, aligning their interests with shareholders, even if primarily through compensation awards rather than open market purchases.

Positives

• The acquisition of Restricted Stock Units and participation in the Executive Deferred Incentive Program align the interests of a senior executive with those of shareholders.
• The transactions represent a commitment by the executive to hold company equity.

Future Outlook

The filing details vesting schedules for the acquired Restricted Stock Units and Executive Deferred Incentive Program notional shares, indicating future share issuances upon satisfaction of time-based or other vesting conditions.

Industry Context

StockSavvy.ai notes that executive compensation packages frequently include equity awards like Restricted Stock Units and deferred compensation plans, which are standard practices across various industries to incentivize long-term performance and align management interests with shareholder value. This filing reflects a typical component of such a package for a senior officer at a publicly traded company.

Stakeholder Impact

• Shareholders: The executive's increased equity stake aligns management incentives with shareholder interests, potentially fostering long-term value creation.
• Employees: The executive's participation in equity programs may signal confidence in the company's future, potentially impacting employee morale.

Next Steps

• The Restricted Stock Units will vest over time, leading to the issuance of common stock.
• The notional shares in the EDIP Stock Fund will vest based on specific conditions (e.g., death, retirement, years of participation) and will be settled in common stock upon termination of employment.

Key Dates

Keywords

Fortive, FTV, Insider Transaction, Form 4, Restricted Stock Units, RSU, Deferred Compensation, Executive Compensation, Stock Acquisition