This is a routine insider sale of option-exercised shares by a senior VP, not a CEO/CFO. The dollar amount is small relative to market cap and the insider's likely total holdings. No material bearish signal — monitor for any cluster of additional insider sales in the next 30 days, but this filing alone does not warrant action.
Price Chart
Executive Summary
Fortive Corp SVP Peter C. Underwood filed a Form 144 notice of intent to sell 47,557 shares of common stock, with an approximate market value of $2.89 million based on the filing date. The shares were acquired through option grants from 2016, and the sale is planned via a broker on the NYSE. This is a routine insider sale by a senior officer exercising long-held options, not an open-market liquidation of accumulated shares.
Key Facts
- Insider: Peter C. Underwood, SVP of Fortive Corp
- Shares to be sold: 47,557 shares of common stock
- Approximate value: $2,892,001.30
- Shares acquired via option grant dated May 15, 2016
- Sale planned through Fidelity Brokerage Services LLC on NYSE
- Filing date: May 4, 2026
- Insider indicated the sale is not part of a planned distribution (Rule 144(c))
Financial Impact
Sale of 47,557 shares valued at approximately $2.89 million, representing roughly 0.016% of Fortive's $18.0B market cap
Risk Factors
- Insider may sell additional shares in the future if this is part of a broader plan
- Option exercise and sale could signal a peak in insider confidence if followed by other C-suite sales
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001959173-26-003226 |
| Document: 0001959173-26-003226-index.html | 0001959173-26-003226 |
| Document: 0001959173-26-003226.txt | 0001959173-26-003226 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | Press Release | $56.45 $55.00 | ▼ −2.57% | ▼ −3.39% | $56.66 (+0.37%) |
Aug 21, 2026 5w ago | Institutional Cluster | $60.08 $59.63 | ▼ −0.74% | ▼ −1.22% | $56.66 (−5.69%) |
Aug 10, 2026 7w ago | 144 | $61.68 $59.45 | ▼ −3.62% | ▼ −3.21% | $56.66 (−8.14%) |
Jul 29, 2026 9w ago | 8-K | $59.54 $61.31 | ▲ +2.98% | ▼ −2.55% | $56.66 (−4.84%) |
Jul 21, 2026 10w ago | Press Release | $60.67 $62.92 | ▲ +3.71% | ▲ +4.94% | $56.66 (−6.61%) |
Jul 9, 2026 12w ago | Press Release | $61.15 $62.45 | ▲ +2.13% | ▲ +2.26% | $56.66 (−7.34%) |
Jul 8, 2026 12w ago | Press Release | $61.27 $60.68 | ▼ −0.96% | ▼ −1.83% | $56.66 (−7.52%) |
Jun 29, 2026 13w ago | Press Release | $60.67 $63.60 | ▲ +4.83% | ▲ +3.44% | $56.66 (−6.61%) |
Jun 18, 2026 15w ago | 144 | $61.03 $61.73 | ▲ +1.15% | ▲ +2.81% | $56.66 (−7.16%) |
Jun 5, 2026 17w ago | DEFA14A | $61.28 $60.14 | ▼ −1.86% | ▼ −2.43% | $56.66 (−7.54%) |
US Market Status
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