Soroye Olumide 4

What Happened

• Soroye Olumide, President & CEO and a director of Fortive (FTV), received equity awards and had shares withheld to cover taxes. On 2026-02-27 Olumide had 10,940 shares disposed (withheld) at $59.20 per share to satisfy tax withholding ($647,648). On 2026-03-02 the Compensation Committee granted 68,685 time‑based RSUs (payable one‑for‑one in common shares) and an award of 2,406.97 derivative shares valued at $58.58 each (total ~$141,000).

Key Details

• Transactions and prices:
  • 2026-02-27: 10,940 shares disposed (F — tax withholding) @ $59.20 = $647,648.
  • 2026-03-02: 68,685 RSU award (A) — no per‑share cash price (payable 1:1 in common stock).
  • 2026-03-02: 2,406.97 derivative shares (A) @ $58.58 = $141,000.
• Shares owned following the reported transactions: not disclosed in the provided filing data.
• Footnotes: F1–F3: the 10,940 disposal was withholding related to RSU vesting; the 68,685 RSUs are time‑based and payable one‑for‑one in common stock. F4–F6 describe EDIP (deferred compensation) mechanics and vesting for notional shares.
• Filing timeliness: Report filed 2026-03-03 for transactions on 2026-02-27 and 2026-03-02; filing appears timely under Form 4 rules.

Context

• The RSU grants are acquisitions/awards (not open‑market purchases) and vest based on time — they do not reflect an immediate market buy signal. The 10,940‑share sale was a routine tax‑withholding disposition connected to RSU vesting (transaction code F), not an open‑market sale for investment purposes. The derivative shares relate to Fortive’s Executive Deferred Incentive Program and convert on a one‑to‑one basis to common stock per the footnotes.