Fortive Corp Director Acquires Shares via Dividend Reinvestment
Fortive Corp
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Filing Summary
Fortive Corp ($FTV) Form 4 Filing
Insider: Lassiter Wright III (Director)
Transaction: Acquisition (Dividend Reinvestment)
Date: 2026-09-25
Shares: 5.366 @ $55.915 ($300.04)
Ownership Post-Transaction: 25,766.252 shares
Significance: Low
Comprehensive Analysis
Transaction Summary
Fortive Corp ($FTV) director Lassiter Wright III acquired 5.366 shares of Common Stock on September 25, 2026, at an average price of $55.915 per share, representing a total value of approximately $300.04. The transaction was executed under Transaction Code 'L', reflecting an automatic dividend reinvestment service offered by a third-party brokerage firm. Following this acquisition, Wright directly owns 25,766.252 shares.
Market Impact & Significance
The trading significance is evaluated as Low. The transaction represents a routine, small-scale dividend reinvestment rather than a discretionary open-market purchase or sale. Such transactions are automated and do not reflect new managerial sentiment or conviction regarding the company's valuation.
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