Okerstrom Mark D 4
Research Summary
AI-generated summary
Fortive CFO Mark Okerstrom Receives 2,749 RSU Award
What Happened
- Mark D. Okerstrom, Chief Financial Officer of Fortive Corp (FTV), was granted 2,749 additional restricted stock units (RSUs) reported as an award on 2026-02-24. No cash price or sale occurred — this is a compensation award rather than a market purchase or sale.
Key Details
- Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (timely filing).
- Transaction type: A = Award/Grant. Reported acquisition: 2,749 Additional RSUs; price not applicable (N/A).
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnotes of note:
- The Additional RSUs were part of RSUs awarded in 2025 and became earned when the Compensation Committee determined performance criteria were met on 2/24/2026 (F1).
- Additional RSUs convert to common shares on a one-for-one basis when paid (F2).
- No indication of a 10b5-1 plan, tax-withholding share surrender, or cashless sale in this filing.
Context
- These are performance-earned RSUs that remain subject to further time-based vesting, so they are not immediately liquid shares available for sale. Awards like this represent compensation and the vesting schedule and pay-out timing affect when the officer can actually sell underlying shares.