Soroye Olumide 4

What Happened
Soroye Olumide, President & CEO and Director of Fortive Corp (FTV), was credited with a derivative award of 13.27 notional shares on March 27, 2026. The filing reports a per-share reference price of $53.92, giving a notional value of approximately $716. This transaction is an award/acquisition of phantom (notional) shares under Fortive’s Executive Deferred Incentive Program (EDIP), not an open-market purchase or sale of actual shares.

Key Details

• Transaction date: 2026-03-27; Report filed: 2026-03-31 (filed within the usual 2-business-day reporting window).
• Transaction type: A = Award/Grant (derivative/notional shares).
• Amount credited: 13.27 notional shares at $53.92 per share (notional value ≈ $716).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes of note:
  • F1: These are notional dividend accruals on phantom shares in the EDIP Stock Fund; number based on NYSE close on the credit date.
  • F2: Notional shares convert on a one-to-one basis to actual shares.
  • F3: Voluntary contributions vest immediately; employer contributions vest per the EDIP schedule and vested amounts are settled in common stock upon termination.

Context
This was a derivative award (notional/phantom shares) credited under the company’s deferred incentive plan. Such credits reflect compensation/deferral mechanics rather than an open-market signal of buying or selling. The notional shares are documented to convert 1:1 to Fortive common stock and vest according to the EDIP rules, so vested amounts ultimately result in actual shares. The reported dollar amount is small (~$716), typical for routine dividend accruals or small periodic awards.