Fortive Corp·4

Jul 7, 4:47 PM ET

Desjourdy Amee 4

Research Summary

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Updated

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.