Dubey Sharmistha 4

What Happened
Sharmistha Dubey, a director of Fortive Corporation (FTV), received equity compensation on June 9, 2026 in the form of restricted stock units (RSUs). The filing reports two grants: 4,895 "Annual Grant RSUs" (reported at $0.00 per share in the Form 4) and 3,305 "Deferral RSUs" based on a 20‑day average price of $59.78 (totaling about $197,573). These are awards (not purchases or sales) and are compensation-related, not open‑market transactions.

Key Details

• Transaction date: June 9, 2026; Form 4 filed June 11, 2026 (filed two business days after the grants — timely under Section 16).
• Grants: 4,895 Annual Grant RSUs (reported at $0.00/share) and 3,305 Deferral RSUs at $59.78/share (≈ $197,573).
• Shares owned after the transaction: Not disclosed in the filing.
• Vesting/issuance: Both RSU grants vest on the earlier of the first anniversary of the grant date or the Issuer’s 2027 annual meeting. Per the reporting person’s election, underlying shares will not be issued until the earlier of the reporting person’s death or the first day of the seventh month following the reporting person’s retirement from the board.
• Notable: The 3,305 Deferral RSUs reflect a deferral of $197,500 in the director’s annual cash retainer into stock (per footnote).

Context
These are compensation awards to a board member (routine director equity and a deferral of cash retainer) rather than a market buy or sale. Because issuance is deferred until death or post‑retirement, these are not immediately liquid and do not directly signal near‑term insider buying or selling.