Sargent Jeannine P 4
Research Summary
AI-generated summary
Fortive (FTV) Director Jeannine Sargent Receives RSU Award
What Happened
Jeannine P. Sargent, a director of Fortive Corp (FTV), received a grant of 3,350 restricted stock units (RSUs) on June 9, 2026. The grant was reported as an award (transaction code A) at an acquisition price of $0.00 (i.e., RSUs issued, not purchased). The RSUs are payable solely in common stock and will convert to shares when they vest.
Key Details
- Transaction date: June 9, 2026; Form 4 filed June 11, 2026 (timely filing).
- Grant: 3,350 RSUs; reported acquisition price $0.00.
- Vesting: RSUs vest on the earlier of the first anniversary of the grant (June 9, 2027) or Fortive’s 2027 annual meeting; underlying shares delivered upon vesting (see footnote F1).
- Shares owned following the transaction: not specified in the provided filing summary.
- Transaction code: A (award/grant). No 10b5‑1 plan, tax‑withholding sale, or sale reported in this filing.
Context
RSU grants to directors are a common form of equity compensation and do not represent an open‑market purchase or sale. These RSUs are not taxable or transferable until they vest and are settled in common stock; the filing does not indicate any immediate sale of underlying shares. This disclosure is informational for shareholders tracking insider compensation and holdings.