Fortive Corp Officer Files Form 144 for $3.13M Proposed Sale
Fortive Corp
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Filing Summary
Form 144 Notice of Proposed Sale of Securities Issuer: Fortive Corp ($FTV) Insider: Peter C. Underwood (Officer) Shares to be Sold: 48,442 Estimated Total Value: $3,129,463.72 (~$64.60/share) Broker: Fidelity Brokerage Services LLC Acquisition: Stock option exercise on 10/30/2026
Comprehensive Analysis
Executive Summary
On October 30, 2026, Peter C. Underwood, an Officer of Fortive Corp ($FTV), filed Form 144 indicating an intent to sell 48,442 shares of common stock through Fidelity Brokerage Services LLC. The aggregate market value of the proposed sale is estimated at $3,129,463.72, implying an average share price of approximately $64.60.
Transaction Details
- Security: Common Stock
- Planned Sale Date: October 30, 2026
- Acquisition Nature: Exercise of stock options directly from the issuer on October 30, 2026, paid in cash.
- Past 3 Months Activity: The filer previously reported a sale of 8,662 shares on August 10, 2026, generating gross proceeds of $533,493.45.
Market Impact & Context
With 297,644,456 shares outstanding, the proposed liquidation represents approximately 0.016% of total shares outstanding, posing minimal dilution or liquidity pressure on the market. Because the shares originate from a same-day option exercise, this filing represents standard executive compensation realization and portfolio diversification rather than an unhedged sell-off of existing core equity holdings.
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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.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
