Lassiter Wright III 4

What Happened

• Lassiter Wright III, a director of Fortive Corp (FTV), was granted a total of 5,275 restricted stock units (RSUs) on June 9, 2026. The grants break down as: 3,350 Annual Grant RSUs (reported with $0 value on the form) and 1,925 Deferral RSUs valued at $59.78 each for a total of $115,077. Transaction code: A (award/grant). This is a grant (neither an open-market purchase nor a sale).

Key Details

• Transaction date: June 9, 2026; Form filed June 11, 2026 (timely filing).
• Prices/values: Deferral RSUs based on a 20-day average price of $59.78 → 1,925 RSUs = $115,077; Annual Grant RSUs reported at $0 on the form.
• Total RSUs granted: 5,275.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• 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 filing, underlying shares will not be issued until the earlier of the director’s death or the third year following his retirement from the Board.
• Notes: Deferral RSUs reflect a deferral election of $115,000 in cash retainer converted to RSUs. Both awards are payable solely in common stock and thus reported in Table I.

Context

• These are equity awards (RSUs) typical for director compensation; they are not sales or purchases that directly signal immediate buying or selling of shares. The deferral feature delays issuance of underlying shares until specified post-retirement/death events, which is a common tax/compensation planning mechanism.