Fortive Corp. reported an insider ownership change for Mark D. Okerstrom in a Form 4 filed July 7, 2026, covering a transaction dated July 6, 2026. The filing relates to derivative securities tied to Fortive common stock, specifically phantom shares credited under the company’s Executive Deferred Incentive Program, or EDIP. The reported action was not an open-market purchase or sale of Fortive shares. Instead, it involved notional dividend accruals on phantom shares held in the Fortive stock fund within the EDIP, referred to in the filing as the “EDIP Stock Fund.” These dividend-equivalent accruals increase the number of phantom shares credited to the participant’s deferred compensation account. The number of phantom shares credited is calculated using the closing price of Fortive’s common stock on the NYSE on the date the dividend accruals are credited. The filing notes that the phantom shares convert on a one-for-one basis into Fortive common stock. Upon termination of employment, the vested portion of the EDIP Stock Fund is settled in Fortive common stock, meaning the deferred phantom-share balance can ultimately result in delivery of actual shares. The vesting terms distinguish between voluntary contributions and issuer contributions. Okerstrom immediately vests in 100% of each voluntary contribution to the EDIP Stock Fund. Contributions made by Fortive vest in full upon the earlier of death or retirement after at least five years of service and reaching age 55. Alternatively, if earlier, issuer contributions vest at a rate of one-tenth per year of participation after five years of participation, in accordance with the EDIP. The provided filing text does not include the table values showing the exact number of phantom shares accrued, the transaction code, the price used for the dividend accrual calculation, or Okerstrom’s beneficial ownership after the transaction. The form was signed on July 7, 2026, by Daniel B. Kim as attorney-in-fact for the reporting person.