Lassiter Wright III 4

What Happened
Lassiter Wright III, a director of Fortive Corp (FTV), acquired 4.67 shares on March 26, 2026, at $54.98 per share for a total of roughly $257. This was a small purchase via an automatic dividend reinvestment (a purchase/credit of shares), which is generally a routine way insiders increase holdings rather than an active open-market buy.

Key Details

• Transaction date: 2026-03-26; Filing date: 2026-03-30 (Accession 0001805909-26-000004).
• Price and quantity: 4.67 shares at $54.98 each — total ≈ $257.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: F1 — shares were acquired through an automatic dividend reinvestment service offered to the reporting person by a third‑party brokerage firm.
• Timeliness: filing was marked "L" (late). Late filings delay public disclosure of insider activity and can reduce the timeliness of the signal for investors.

Context
Dividend reinvestment purchases are typically routine and automated: they convert cash dividends into fractional shares rather than representing an active trading decision. The small dollar amount here suggests this is a routine reinvestment rather than a meaningful new bet on the stock.