Form 4: Roper Technologies Director Robert D. Johnson Reports Acquisition of Restricted Stock Units

Director Robert D. Johnson reports the acquisition of 703 restricted stock units of Roper Technologies, Inc.

Summary

• Robert D. Johnson, a director of Roper Technologies, Inc., reported acquiring 703 restricted stock units on June 13, 2024.
• These restricted stock units were granted under the Director Compensation Plan.
• Each unit represents a contingent right to receive one share of Roper Technologies, Inc. common stock.
• The restricted stock units vest 50% on the 6-month anniversary of the grant date and 50% on the day prior to the 2025 Annual Meeting of Shareholders.
• Following the transaction, Johnson directly owns 6,049 shares of common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices and aligns director interests with shareholders.

Positives

• The acquisition of restricted stock units aligns the director's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the director.

Future Outlook

The director's holdings will increase as the restricted stock units vest, aligning their interests with the company's long-term performance.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Comparison to Industry Standards

• Director compensation packages often include restricted stock units to align director and shareholder interests, a common practice among publicly traded companies like Roper Technologies.
• Vesting schedules for these units typically range from a few months to several years, similar to those offered by companies such as Danaher and Fortive.

Stakeholder Impact

• The acquisition of restricted stock units by a director can positively influence shareholder confidence by aligning management's interests with those of the shareholders.

Next Steps

• The director will receive shares of Roper Technologies common stock as the restricted stock units vest according to the specified schedule.

Key Dates