How is the 1.18-share accrual for Fortive (FTV) calculated in the EDIP Stock Fund?

The 1.18 phantom shares come from notional dividend accruals based on Fortive’s common stock closing price on the NYSE. That closing price, $53.92 per share on the credit date, determines how many additional phantom shares are added to the Executive Deferred Incentive Program stock fund account.

Fortive (FTV) HR chief records small EDIP phantom share accrual

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Desjourdy Amee reported acquisition or exercise transactions in this Form 4 filing.

Fortive Corp senior vice president and chief people officer Amee Desjourdy received an automatic credit of 1.18 phantom shares in the Executive Deferred Incentive Program’s Fortive Stock Fund. These notional dividend accruals were valued at $53.92 per share and track Fortive common stock on a one-to-one basis.

After this accrual, Desjourdy’s EDIP Stock Fund balance increased to 1,064.16 phantom shares. Vested amounts in this deferred plan are ultimately settled in Fortive common stock upon eligible termination of employment under the program’s terms.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Desjourdy Amee

Role SVP - Chief People Officer

Type	Security	Shares	Price	Value
Grant/Award	Executive Deferred Incentive Program - Fortive Stock Fund	1.18	$53.92	$63.63

Holdings After Transaction: Executive Deferred Incentive Program - Fortive Stock Fund — 1,064.16 shares (Direct)

Footnotes (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

Phantom shares acquired: 1.18 shares Reference share price: $53.92 per share EDIP phantom share balance: 1,064.16 shares +1 more

4 metrics

Phantom shares acquired 1.18 shares Notional dividend accrual on EDIP Stock Fund

Reference share price $53.92 per share Closing price used to calculate dividend accrual

EDIP phantom share balance 1,064.16 shares Total EDIP Stock Fund position after transaction

Conversion ratio 1:1 Notional EDIP shares to Fortive 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 →

03/31/2026 - 04:16 PM

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^*

Desjourdy Amee

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP - Chief People Officer

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Executive Deferred Incentive Program - Fortive Stock Fund⁽¹⁾	⁽²⁾	03/27/2026		A	V	1.18		⁽³⁾	⁽³⁾	Common Stock	1.18	$53.92	1,064.16	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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Fortive (FTV) executive Amee Desjourdy report in this Form 4?

Amee Desjourdy reported an acquisition of 1.18 phantom shares in Fortive’s Executive Deferred Incentive Program stock fund. The accrual reflects notional dividends credited at $53.92 per share, increasing her EDIP Stock Fund balance to 1,064.16 phantom shares linked to Fortive common stock.

Is the Form 4 transaction for Fortive (FTV) an open-market buy or a compensation accrual?

The transaction is a compensation-related accrual, not an open-market purchase. It reflects notional dividend accruals on phantom shares in Fortive’s Executive Deferred Incentive Program stock fund, credited based on Fortive’s NYSE closing price rather than discretionary stock buying in the market.

How many EDIP phantom shares does Amee Desjourdy hold after this Fortive (FTV) filing?

After this reported transaction, Amee Desjourdy holds 1,064.16 phantom shares in the Executive Deferred Incentive Program’s Fortive Stock Fund. These notional units track Fortive common stock one-for-one and are ultimately settled in common shares for the vested portion at employment termination.

When do Fortive (FTV) EDIP phantom shares reported in this Form 4 actually convert to stock?

Vested EDIP phantom shares convert into Fortive common stock upon termination of employment. Vesting occurs immediately for voluntary contributions and on specified schedules or events, such as death or qualifying retirement, for company contributions, as outlined in the Executive Deferred Incentive Program terms.