Fortive Corp CFO Records Routine Dividend Accrual in Deferred Incentive Plan
Fortive Corp
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Filing Summary
📊 Form 4 Filed for Fortive Corp ($FTV) Insider: Mark D. Okerstrom (SVP - Chief Financial Officer) Transaction: Acquisition (Notional Dividend Accrual) Security: Executive Deferred Incentive Program - Fortive Stock Fund Shares: 4.88 @ $56.09 (~$273.72) Current Holdings: 3,914.686 phantom shares Significance: Low (Routine automated dividend reinvestment/accrual)
Comprehensive Analysis
Executive Summary
On September 28, 2026, Fortive Corp ($FTV) Chief Financial Officer Mark D. Okerstrom reported an acquisition of 4.88 phantom shares of common stock under the company's Executive Deferred Incentive Program (EDIP). The transaction occurred on September 25, 2026, at an effective price of $56.09 per share, totaling approximately $273.72.
Transaction Details
- Security: Executive Deferred Incentive Program - Fortive Stock Fund (Phantom Stock)
- Transaction Code: A (Grant, award, or other acquisition)
- Shares Acquired: 4.88 shares
- Price Per Share: $56.09
- Total Consideration: $273.72
- Post-Transaction Holdings: 3,914.686 shares
- Ownership Nature: Direct
Filing Commentary & Significance
This transaction reflects notional dividend accruals credited to the insider's EDIP Stock Fund account based on the closing price of Fortive Corp's common stock on the NYSE. Because this is an automated, non-discretionary dividend reinvestment into a deferred compensation plan, it holds Low informational significance for market participants and does not reflect a discretionary open-market purchase or sale.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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