Lassiter Wright III 4

What Happened
Lassiter Wright III, a director of Fortive Corporation (FTV), acquired 4.136 shares on July 2, 2026 at $62.12 per share for a total of about $257. This was an acquisition (purchase) rather than a sale, and the shares were obtained through an automatic dividend reinvestment service.

Key Details

• Transaction date and price: 2026-07-02 — 4.136 shares at $62.12 each (≈ $257 total).
• Filing date / timeliness: Form 4 filed on 2026-07-07; reported as late (transactionTimeliness = 'L').
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: F1 — shares were acquired via an automatic dividend reinvestment service offered to the reporting person by a third-party brokerage firm (a DRIP).
• Transaction type: Small automatic acquisition via dividend reinvestment (routine, not an open-market purchase or option exercise).

Context
Dividend reinvestment purchases are common and typically small; they reflect the reinvestment of dividends into additional shares rather than an active open-market buy indicating a new investment decision. The late filing is procedural — one late Form 4 is usually not conclusive of misconduct but consistent or large late filings can draw regulatory attention.