FTV insider trade: 58,133-share sale after option exercise
Rhea-AI Filing Summary
Fortive (FTV) reported an insider transaction by its SVP & Chief Legal Officer. On 11/10/2025, the officer exercised 58,133 stock options at $28.92 per share and sold 58,133 common shares at a weighted average price of $51.28 across trades ranging from $51.165 to $51.415. Following these transactions, the officer beneficially owned 80,075 common shares directly and held 47,557 options outstanding with a $28.92 exercise price expiring on 05/15/2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 58,133 | $0.00 | -- |
| Exercise | Common Stock | 58,133 | $28.92 | $1.68M |
| Sale | Common Stock | 58,133 | $51.28 | $2.98M |
Footnotes (1)
- In connection with the spin-off of Ralliant Corporation by the Issuer, outstanding Restricted Stock Units ("RSUs"), including RSUs previously granted to the Reporting Person, were subject to antidilution adjustments ("Anti-Dilution Adjustment"). To the extent that the outstanding RSUs granted to the Reporting Person were previously reported under Table I, the total number of shares reported include the additional RSUs held by the Reporting Person as a result of the Anti-Dilution Adjustment. The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.165 to $51.415. The Reporting Person undertakes to provide to the Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein. Prior to the separation of the Issuer from Danaher Corporation ("Danaher") on July 2, 2016 (the "Separation"), one-fifth of the stock options issued by Danaher on May 15, 2016 ("2016 Danaher Options") to the Reporting Person became exercisable on each of the first five anniversaries of the grant date. In connection with the Separation, the 2016 Danaher Options that remained outstanding as of July 2, 2016 were converted into stock options to purchase 77,361 shares of the Issuer's common stock with identical vesting schedule. In addition, the total number of stock options and the exercise price reflect further anti-dilution adjustments applied as a result of the spin-off of Vontier Corporation from the Issuer on October 9, 2020 and the spin-off of Ralliant Corporation from the Issuer on June 28, 2025.
FAQ
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