Desjourdy Amee 4
4 · Fortive Corp · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Fortive (FTV) SVP Amee Desjourdy Receives RSU Awards
What Happened Amee Desjourdy, SVP and Chief People Officer at Fortive (FTV), received equity awards reported on Form 4. On March 2, 2026 she was granted 44,650 Restricted Stock Units (RSUs) that vest based on time (no per‑share price). On February 27, 2026 she acquired 1,062.97 RSU‑equivalent notional shares at a per‑share price of $59.20, a derivative amount shown with a total value of $62,928. Both transactions are award/acquisition transactions (code A).
Key Details
- Transaction dates: 2026-02-27 (1,062.97 notional/derivative shares at $59.20; $62,928 total) and 2026-03-02 (44,650 time‑based RSUs).
- Transaction types: Awards/Grants (Form 4 code A). The 2/27 entry is recorded as a derivative acquisition tied to Fortive’s Executive Deferred Incentive Program (EDIP).
- Shares owned after transaction: Not specified in the excerpt of the filing.
- Vesting/payment: The 44,650 RSUs are subject only to time‑based vesting (Footnote F1). RSUs pay out one‑for‑one in common stock when settled (F2). Notional EDIP shares are determined by closing price and convert one‑for‑one to shares (F3–F4); voluntary EDIP contributions vest immediately (F5).
- Filing timeliness: Form filed 2026-03-03 for transactions dated 2/27 and 3/2 — filing appears timely under Form 4 reporting rules.
Context These entries are compensation awards (not open‑market purchases or sales) and generally reflect company compensation practices rather than a direct buy/sell signal. The smaller 2/27 amount reflects credits/deferrals in Fortive’s EDIP (notional shares based on the closing price) that convert to common stock one‑for‑one; the larger 3/2 grant is a time‑vested RSU award.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-03-02+44,650→ 44,650 total - Award
Executive Deferred Incentive Program - Fortive Stock Fund
[F3][F4][F5]2026-02-27$59.20/sh+1,062.97$62,928→ 1,062.97 total→ Common Stock (1,062.97 underlying)
Footnotes (5)
- [F1]The Compensation Committee of the Issuer (the "Committee") awarded the Reporting Person Restricted Stock Units ("RSUs"), effective March 2, 2026, that are subject only to time-based vesting provisions.
- [F2]RSUs are payable in shares of common stock on a one-to-one basis.
- [F3]Compensation deferred or contributed into the Fortive stock fund (the "EDIP Stock Fund") under Fortive's Executive Deferred Incentive Program (the "EDIP") is deemed to be invested in a number of unfunded, notional shares of the Issuer's common stock based on the closing price of such common stock as reported on the NYSE on the date such compensation is credited to the EDIP Stock Fund (or the closing price for the immediately preceding business day, if such date is not a business day), which closing price is shown in Table II, Column 8.
- [F4]The notional shares convert on a one-to-one basis.
- [F5]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.