MITCHELL KATE 4

4 · Fortive Corp · Filed Feb 19, 2026

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Updated Feb 19, 2026

Fortive (FTV) Director Kate Mitchell Exercises Options and Sells Shares

What Happened

Kate Mitchell, a director of Fortive Corp (FTV), exercised 7,131 stock options on Feb 18, 2026 at $29.58 per share (total cost $210,935) and sold the 7,131 shares the same day in an open-market transaction for total proceeds of about $416,023. The filing shows a same-day derivative conversion related to the exercise.

Key Details

Transaction date: 2026-02-18 (Form 4 filed 2026-02-19; timely)
Exercise (code M): 7,131 options exercised at $29.58 each — total exercise cost $210,935
Sale (code S): 7,131 shares sold, weighted-average sale price $58.34, total proceeds $416,023 (sale prices ranged $58.330–$58.351 per F2)
Net proceeds (proceeds minus exercise cost): approximately $205,088
Shares owned after transaction: not disclosed in this Form 4
Notable footnotes:
- F1/F3: Option and RSU counts/prices reflect an anti-dilution adjustment tied to Fortive’s spin-off of Ralliant Corporation.
- F2: Sale price is a weighted average; multiple trades in a narrow range are reported.
Filing timeliness: Filed the day after the transactions (not marked late)

Context

This was effectively a cashless exercise with an immediate open-market sale of the acquired shares — a common way for insiders to exercise options and realize gain while covering the exercise cost and any taxes.
The anti-dilution adjustments noted in the footnotes reflect corporate action (spin-off) adjustments to option/RSU counts and/or exercise prices and do not by themselves indicate buying or selling intent.

Form 4

Period: 2026-02-18

Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-18$29.58/sh+7,131$210,935→ 38,906 total
Sale
Common Stock
[F2][F1]
2026-02-18$58.34/sh−7,131$416,023→ 31,775 total
Exercise/Conversion
Director Stock Option (Right to Buy)
[F3]
2026-02-18−7,131→ 0 total
Exercise: $29.58From: 2016-07-05Exp: 2026-07-05→ Common Stock (7,131 underlying)

Holdings

Footnotes (3)

[F1]In connection with the spin-off of Ralliant Corporation by the Issuer, outstanding Restricted Stock Units ("RSUs"), including RSUs previously granted to the Reporting Person, were subject to anti-dilution adjustments ("Anti-Dilution Adjustment"). To the extent that the outstanding RSUs granted to the Reporting Person were previously reported under Table I, the total number of shares reported include the additional RSUs held by the Reporting Person as a result of the Anti-Dilution Adjustment.
[F2]The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.330 to $58.351. The Reporting Person undertakes to provide to the Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
[F3]The Director Stock Options reported herein, including the number of options and the exercise price, reflect the Anti-Dilution Adjustment.

Signature

Daniel B. Kim, as attorney-in-fact|2026-02-19

1 file