Soroye Olumide 4
4 · Fortive Corp · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Fortive CEO Soroye Olumide Receives RSU Award; 16,092 Shares Withheld
What Happened
- Soroye Olumide, President & CEO and a director of Fortive (FTV), was awarded 3,759 "Additional RSUs" on February 24, 2026. Those RSUs are reported as an acquisition (award) with no cash price (N/A).
- On the same date 16,092 shares were surrendered/ disposed to satisfy tax withholding obligations at $57.68 per share, totaling $928,187 (coded as F — payment of exercise price or tax liability). This withholding relates to the distribution of shares underlying previously vested performance stock awards and is a routine tax-related disposition, not an open-market sale.
Key Details
- Transaction date: February 24, 2026; Form 4 filed February 26, 2026.
- Awarded: 3,759 Additional RSUs (acquisition; price N/A).
- Withheld/Disposed: 16,092 shares at $57.68 each, total value $928,187 (code F).
- Shares owned after transaction: Not specified in the provided filing data.
- Footnotes of note:
- The Additional RSUs were earned after the Compensation Committee determined performance criteria were met (F1).
- Additional RSUs convert to common shares on a 1:1 basis (F2).
- The 16,092-share disposition is aggregate withholding to cover taxes on previously vested performance awards (F3).
- Filing timeliness: Filed two days after the transaction date; no late-filing flag indicated in the provided data.
Context
- These transactions reflect an earned performance award (the grant of Additional RSUs) combined with routine tax withholding. The awarded RSUs remain subject to time-based vesting, so they are not immediately tradable shares.
- Tax-withholding dispositions (code F) are common when companies distribute shares from vested awards — they are administrative and do not necessarily indicate management buying or selling stock for investment reasons.
Insider Transaction Report
Form 4
Fortive CorpFTV
Soroye Olumide
DirectorPresident & CEO
Transactions
- Award
Common Stock
[F1][F2]2026-02-24+3,759→ 216,310 total - Tax Payment
Common Stock
[F3]2026-02-24$57.68/sh−16,092$928,187→ 200,218 total
Footnotes (3)
- [F1]In 2025, the Compensation Committee (the "Committee") awarded the Reporting Person RSUs with the opportunity to earn additional RSUs ("Additional RSUs") upon achievement of corresponding performance criteria. This transaction is being reported in connection with the determination by the Committee on February 24, 2026 that the performance criteria of the Additional RSUs have been achieved. The Additional RSUs remain subject to time-based vesting provisions.
- [F2]Additional RSUs are payable in shares of common stock on a one-to-one basis.
- [F3]This transaction relates to the aggregate withholding of shares for tax purposes in connection with the distribution of shares underlying previously vested performance stock awards.
Signature
Daniel B. Kim, as attorney-in-fact|2026-02-26