Fortive Corp Chief People Officer Accrues Dividend Equivalent Shares Under Deferred Plan

Executive Summary

On September 28, 2026, Fortive Corp ($FTV) filed a Form 4 on behalf of Amee Desjourdy, Senior Vice President and Chief People Officer. The filing reports the acquisition of 1.329 phantom shares under the company's Executive Deferred Incentive Program (EDIP) Fortive Stock Fund on September 25, 2026, valued at $56.09 per share (aggregate value of ~$74.54).

Transaction Analysis

• Nature of Acquisition: As explained in Footnote 1, the transaction reflects notional dividend accruals on phantom shares credited pursuant to the Issuer's Executive Deferred Incentive Program. The shares convert to common stock on a 1-for-1 basis upon distribution/settlement.
• Transaction Code: 'A' (Grant, award, or other acquisition pursuant to an employee benefit plan).
• Holding Impact: Following the accrual, Ms. Desjourdy holds 1,066.488 phantom units directly under the EDIP Stock Fund.

Market Impact & Significance

This filing represents an automatic, non-discretionary dividend reinvestment credit under a non-qualified deferred compensation plan. It carries Low trading significance and provides no directional signal regarding executive sentiment or business prospects.