Fortive (FTV) CEO Soroye adds small EDIP phantom share accrual in Form 4

Rhea-AI Filing Summary

Fortive Corp President & CEO Olumide Soroye reported a small compensation-related acquisition through the company’s Executive Deferred Incentive Program. On this Form 4, he acquired 13.27 notional shares in the Fortive Stock Fund via notional dividend accruals, based on Fortive’s $53.92 NYSE closing price.

These phantom shares convert on a one-to-one basis into Fortive common stock when paid out under the plan. Following this accrual, Soroye holds a total of 11,941.67 notional shares in the EDIP Stock Fund. This is a routine deferred compensation entry rather than an open-market stock purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Soroye Olumide

Role President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Executive Deferred Incentive Program - Fortive Stock Fund	13.27	$53.92	$715.52

Holdings After Transaction: Executive Deferred Incentive Program - Fortive Stock Fund — 11,941.67 shares (Direct)

Footnotes (1)

1. The reported securities are notional dividend accruals on phantom shares in the Fortive stock fund (the "EDIP Stock Fund") under Fortive's Executive Deferred Incentive Program (the "EDIP"). The number of phantom shares accrued as a result of such notional dividend accruals is based on the closing price of the Issuer's common stock as reported on the NYSE on the date such dividend accruals are credited to the EDIP Stock Fund, which is the price shown in Table II, Column 8 above. The notional shares convert on a one-to-one basis. The Reporting Person immediately vests in 100% of each voluntary contribution to the EDIP Stock Fund. The Reporting Person will vest in all contributions to the EDIP Stock Fund by the Issuer as follows: 100% upon the earlier of the Reporting Person's death, or upon retirement following at least 5 years of service with the Issuer and reaching the age of 55, or, if earlier, one-tenth per year of participation following five years of participation, in each case in accordance with the EDIP. Upon termination of employment, the vested portion of the EDIP Stock Fund is settled in the Issuer's common stock.

Key Figures

Notional shares acquired: 13.27 shares Reference stock price: $53.92 per share Total EDIP notional holdings: 11,941.67 shares +1 more

4 metrics

Notional shares acquired 13.27 shares EDIP Fortive Stock Fund accrual on 2026-03-27

Reference stock price $53.92 per share Fortive NYSE closing price used for dividend accrual

Total EDIP notional holdings 11,941.67 shares Notional Fortive Stock Fund balance after transaction

Conversion ratio 1:1 Notional EDIP shares convert one-to-one into common stock

Key Terms

Executive Deferred Incentive Program, phantom shares, notional dividend accruals, EDIP Stock Fund, +1 more

5 terms

Executive Deferred Incentive Program financial

"under Fortive's Executive Deferred Incentive Program (the "EDIP")."

phantom shares financial

"notional dividend accruals on phantom shares in the Fortive stock fund"

Phantom shares are a form of employee or executive compensation that mimics the economic value of owning company stock without actually issuing real shares; holders receive cash or equivalent payments tied to the company’s share price or dividends. Think of it like a receipt that pays out if the stock rises — it aligns managers’ interests with shareholders but does not dilute ownership, while creating a future cash obligation that investors should watch as it can affect company cash flow and valuation.

notional dividend accruals financial

"The reported securities are notional dividend accruals on phantom shares"

EDIP Stock Fund financial

"credited to the EDIP Stock Fund, which is the price shown"

vested portion financial

"Upon termination of employment, the vested portion of the EDIP Stock Fund is settled"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Soroye Olumide

(Last) (First) (Middle)

6920 SEAWAY BLVD

(Street)

EVERETT WASHINGTON 98203

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Fortive Corp [ FTV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Executive Deferred Incentive Program - Fortive Stock Fund(1)	(2)	03/27/2026		A	V	13.27		(3)	(3)	Common Stock	13.27	$53.92	11,941.67	D

Explanation of Responses:

1. The reported securities are notional dividend accruals on phantom shares in the Fortive stock fund (the "EDIP Stock Fund") under Fortive's Executive Deferred Incentive Program (the "EDIP"). The number of phantom shares accrued as a result of such notional dividend accruals is based on the closing price of the Issuer's common stock as reported on the NYSE on the date such dividend accruals are credited to the EDIP Stock Fund, which is the price shown in Table II, Column 8 above.

2. The notional shares convert on a one-to-one basis.

3. The Reporting Person immediately vests in 100% of each voluntary contribution to the EDIP Stock Fund. The Reporting Person will vest in all contributions to the EDIP Stock Fund by the Issuer as follows: 100% upon the earlier of the Reporting Person's death, or upon retirement following at least 5 years of service with the Issuer and reaching the age of 55, or, if earlier, one-tenth per year of participation following five years of participation, in each case in accordance with the EDIP. Upon termination of employment, the vested portion of the EDIP Stock Fund is settled in the Issuer's common stock.

Remarks:

	Daniel B. Kim, as attorney-in-fact	03/31/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Fortive (FTV) report for Olumide Soroye?

Fortive reported that President & CEO Olumide Soroye acquired 13.27 notional shares in the Executive Deferred Incentive Program’s Fortive Stock Fund. The acquisition came from notional dividend accruals tied to Fortive’s common stock closing price on the New York Stock Exchange.

Was the Fortive (FTV) CEO’s Form 4 transaction an open-market stock purchase?

No. The Form 4 shows a compensation-related acquisition, not an open-market buy. Soroye received 13.27 notional shares in a deferred compensation stock fund through notional dividend accruals, rather than purchasing Fortive common stock directly in the public market.

How many notional Fortive (FTV) shares does Olumide Soroye hold after this transaction?

After the reported accrual, Soroye holds 11,941.67 notional shares in the Executive Deferred Incentive Program’s Fortive Stock Fund. These are phantom share units that track Fortive’s common stock value and convert one-to-one into common shares when the plan benefits are ultimately settled.

What price was used to calculate the Fortive (FTV) CEO’s notional dividend accruals?

The number of notional shares credited was based on Fortive’s common stock closing price of $53.92 on the New York Stock Exchange. That price determined how many phantom shares were added to Soroye’s Executive Deferred Incentive Program Fortive Stock Fund account for this dividend accrual.

How does Fortive’s Executive Deferred Incentive Program (EDIP) stock fund work for the CEO?

Under Fortive’s EDIP, the CEO can receive phantom shares in a Fortive Stock Fund, including through notional dividend accruals. These notional shares track Fortive’s stock and convert one-to-one into common stock when vested amounts are paid after qualifying events under the plan.