Fortive Corp Chief Legal Officer Acquires Deferred Stock Fund Units

Executive Summary

On September 28, 2026, Fortive Corp ($FTV) filed a Form 4 detailing an acquisition of notional stock units by Peter C. Underwood, SVP - Chief Legal Officer. The transaction took place on September 25, 2026, and involved 17.392 notional shares credited under the company's Executive Deferred Incentive Program (EDIP) at a price of $56.09 per share, totaling approximately $975.52.

Transaction Analysis

• Nature of the Transaction: The transaction code is marked 'A' with a Form 5 eligibility indicator, reflecting a routine contribution or deferral credited into the Fortive Stock Fund under the EDIP.
• Conversion Terms: These notional shares convert to Fortive common stock on a one-to-one basis and are settled in stock upon separation from service, subject to program vesting criteria.
• Transaction Size: At 17.392 units ($975.52), the transaction size is negligible relative to the officer's existing holding of 13,953.627 units and represents an ongoing, automated or scheduled benefit plan deferral rather than an open-market, discretionary purchase.

Conclusion

This filing reflects routine compensation plan mechanics rather than discretionary insider sentiment. Given the plan-based structure and nominal dollar value, it carries Low trading significance for market participants.