Fortive Corp·4

Mar 3, 5:26 PM ET

Desjourdy Amee 4

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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.