Fortive Corp·4

Jun 11, 4:50 PM ET

COMAS DANIEL L 4

Research Summary

AI-generated summary

Updated

Fortive (FTV) Director Daniel Comas Receives 3,350 RSU Award

What Happened

  • Daniel L. Comas, a director of Fortive Corp (FTV), was granted 3,350 restricted stock units (RSUs) on June 9, 2026. The Form 4 reports the award at $0.00 (grant — no cash exchanged). This grant is the director’s annual equity award and is recorded as an "A" (award/grant) transaction rather than a purchase or sale.

Key Details

  • Transaction date: 2026-06-09; Form 4 filed: 2026-06-11 (timely filing).
  • Grant: 3,350 RSUs reported at $0.00 per share (award).
  • Vesting: RSUs vest on the earlier of the first anniversary of the grant (June 9, 2027) or the date of Fortive’s 2027 annual meeting of stockholders.
  • Issuance deferral: Per the reporting person’s election, underlying shares will not be issued until the reporting person’s death or the first anniversary following the reporting person’s retirement from the Board.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Filing status: Timely (no late filing noted).

Context

  • RSUs are a common form of director compensation and represent a future right to receive shares; they are not a cash purchase and do not reflect an immediate market trade. Deferred issuance is often used for tax or retirement planning and does not by itself indicate insider sentiment to buy or sell stock.