Desjourdy Amee 4
4 · Fortive Corp · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
Fortive (FTV) SVP Amee Desjourdy Receives Award — 1.004 Shares
What Happened
- Amee Desjourdy, SVP & Chief People Officer at Fortive (FTV), was credited with 1.004 phantom shares as a notional dividend accrual under Fortive’s Executive Deferred Incentive Program (EDIP) on 2026-07-06. The accrual was valued at $63.60 per share, ≈ $64 total. This transaction is an award/accrual (derivative), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-06; Filing date: 2026-07-07 (filed next day).
- Amount: 1.004 notional shares; price used: $63.60; total value ≈ $64.
- Nature: Notional dividend accrual on phantom shares in the EDIP Stock Fund (derivative award).
- Shares owned after transaction: not specified in this filing.
- Footnotes of note:
- The notional dividend accruals are based on the NYSE closing price on the credit date (F1).
- Notional shares convert on a one-to-one basis to actual shares (F2).
- Voluntary contributions vest immediately; employer contributions vest per EDIP schedule and vested amounts are settled in Fortive common stock upon termination (F3).
- Timeliness: Filing appears timely (reported for 7/6, filed 7/7).
Context
- This was a routine notional dividend credit in a deferred compensation/share fund, a derivative award rather than a market buy or sale. The economic value is small (~$64), and the entry reflects plan mechanics (accrual/vesting/settlement rules) rather than active trading by the insider.
Insider Transaction Report
Form 4
Fortive CorpFTV
Desjourdy Amee
SVP - Chief People Officer
Transactions
- Award
Executive Deferred Incentive Program - Fortive Stock Fund
[F1][F2][F3]2026-07-06$63.60/sh+1.004$64→ 1,065.159 total→ Common Stock (1.004 underlying)
Footnotes (3)
- [F1]The reported securities are notional dividend accruals on phantom shares in the Fortive stock fund (the "EDIP Stock Fund") under Fortive's Executive Deferred Incentive Program (the "EDIP"). The number of phantom shares accrued as a result of such notional dividend accruals is based on the closing price of the Issuer's common stock as reported on the NYSE on the date such dividend accruals are credited to the EDIP Stock Fund, which is the price shown in Table II, Column 8 above.
- [F2]The notional shares convert on a one-to-one basis.
- [F3]The Reporting Person immediately vests in 100% of each voluntary contribution to the EDIP Stock Fund. The Reporting Person will vest in all contributions to the EDIP Stock Fund by the Issuer as follows: 100% upon the earlier of the Reporting Person's death, or upon retirement following at least 5 years of service with the Issuer and reaching the age of 55, or, if earlier, one-tenth per year of participation following five years of participation, in each case in accordance with the EDIP. Upon termination of employment, the vested portion of the EDIP Stock Fund is settled in the Issuer's common stock.
Signature
Daniel B. Kim, as attorney-in-fact|2026-07-07