Underwood Peter C 4

What Happened

• Peter C. Underwood, SVP and Chief Legal Officer of Fortive (FTV), was credited with 1,383 Additional RSUs on Feb 24, 2026 after the Compensation Committee determined performance goals were met. Those Additional RSUs are payable one-for-one in Fortive shares but remain subject to time-based vesting.
• On the same date, 6,339 shares were withheld/disposed to cover tax withholding associated with the distribution of previously vested performance stock awards. The withholding was reported at a per-share price of $57.68 for a total value of $365,634.

Key Details

• Transaction date: Feb 24, 2026; filing date: Feb 26, 2026 (filed timely).
• Reported transactions and codes: A = Award/Acquisition of 1,383 Additional RSUs; F = Share withholding for tax liability of 6,339 shares at $57.68 each (total $365,634).
• Additional RSUs were originally awarded in 2025 and became earned upon achievement of performance criteria on Feb 24, 2026; they remain subject to time-based vesting and are payable 1:1 in common shares (footnotes F1–F2).
• The 6,339-share transaction reflects aggregate withholding of shares to satisfy tax obligations related to previously vested performance awards (footnote F3).
• Shares owned after the transaction are not specified in the provided filing excerpt.

Context

• This filing reflects a performance-based award being credited and a routine tax-withholding share disposition — not an open-market sale by the insider. Tax withholding via share retention is a common administrative action when equity awards are distributed.