Desjourdy Amee 4

What Happened
Amee Desjourdy, SVP & Chief People Officer of Fortive (FTV), was credited with 1.18 notional (phantom) shares in the Fortive EDIP Stock Fund on 2026-03-27. The notional award used a NYSE closing price of $53.92 per share, giving an aggregate notional value of about $64. This transaction is reported as an Award/Acquisition (code A) and represents a notional dividend accrual to a deferred-compensation (phantom share) account, not an open-market stock purchase.

Key Details

• Transaction date: 2026-03-27; Filing date (Form 4): 2026-03-31.
• Amount credited: 1.18 notional shares at $53.92 each; total notional value ≈ $64.
• Transaction type: Award / notional (derivative) accrual under the Executive Deferred Incentive Program (EDIP) Stock Fund.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes:
  • The credited items are notional dividend accruals on phantom shares in the EDIP Stock Fund (F1).
  • Notional shares convert one-for-one to actual common shares upon settlement (F2).
  • Voluntary contributions vest immediately; employer contributions follow EDIP vesting rules (immediate full vesting on death, retirement conditions, or pro rata after five years) and vested amounts are settled in common stock at termination (F3).

Context
This is a routine, compensation-related notional share accrual (phantom shares) rather than a market purchase or sale. Such awards reflect plan mechanics (dividend credits and deferred compensation) and should be interpreted differently than outright insider purchases or sales.