FTV: Underwood Peter C discloses securities transactions
By AlphaYouPublished Form 4
Underwood Peter C
Reporting filer
Underwood Peter C reported Grant or award in Fortive Corp: 17.392 units of Executive Deferred Incentive Program - Fortive Stock Fund (derivative), dated 2026-09-25. The full Form 4 contains 1 transaction entry.
- Disclosed
- Sep 28, 2026
Reported details
1 entry| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Executive Deferred Incentive Program - Fortive Stock Fund (derivative) | Underwood Peter C | 2026-09-25 | A | Grant or award | 17.392 | 56.09 | 13,953.627 | 3 days | Filed terms
|
Executive Deferred Incentive Program - Fortive Stock Fund (derivative)
- Owner
- Underwood Peter C
- Date
- 2026-09-25
- Code
- A
- Action
- Grant or award
- Quantity
- 17.392
- Price
- 56.09
- Following holdings
- 13,953.627
- Reporting delay
- 3 days
- Filed terms and references
Filed terms
- security Title: Executive Deferred Incentive Program - Fortive Stock Fund
- id: F1
- id: F2
- transaction Date: 2026-09-25
- transaction Form Type: 5
- transaction Code: A
- equity Swap Involved: 0
- transaction Timeliness: E
- transaction Shares: 17.392
- transaction Price Per Share: 56.09
- transaction Acquired Disposed Code: A
- id: F3
- id: F3
- underlying Security Title: Common Stock
- underlying Security Shares: 17.392
- shares Owned Following Transaction: 13953.627
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Underwood Peter C: SVP - Chief Legal Officer.
- F1: Compensation deferred or contributed into the Fortive stock fund (the "EDIP Stock Fund") under Fortive's Executive Deferred Incentive Program (the "EDIP") is deemed to be invested in a number of unfunded, notional shares of the Issuer's common stock based on the closing price of such common stock as reported on the NYSE on the date such compensation is credited to the EDIP Stock Fund (or the closing price for the immediately preceding business day, if such date is not a business day), which closing price is shown in Table II, Column 8.
- F2: The notional shares convert on a one-to-one basis.
- F3: 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.
Original sources
Prepared automatically from public filing data. Report a correction.