Fortive Corp
For the period ended Apr 3, 2026. Filed Apr 30, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Apr 3, 2026 · Filed Apr 30, 2026
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Unregistered Sales of Equity Securities and Use of Proceeds
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
In February 2022, our Board adopted a share repurchase program (the “General Share Repurchase Program”), under which our Board has made various authorizations for the total repurchase of up to 58.8 million shares of our common stock. In 2025, in connection with the Separation, our Board adopted a separate and incremental special purpose share repurchase program (the “Special Share Repurchase Program”) under which we may repurchase up to $550 million of our common stock exclusively from the proceeds we received from Ralliant in connection with the Separation.
As of April 3, 2026, there were 6.6 million shares and $67.5 million remaining authorized under the General Share Repurchase Program and Special Share Repurchase Program, respectively. There is no expiration date for these repurchase programs, and the timing and amount of repurchases under the programs are determined by the Company's management based on market conditions and other factors. The repurchase programs may be suspended or discontinued at any time by the Board of Directors.
The following table provides details about our share repurchases, including those pursuant to a 10b5-1 plan, during the fiscal quarter ended April 3, 2026.
| Period | Total numberof shares(or units)purchased | Average pricepaid per share(or unit) | Total numberof shares (or units)purchasedas part of publiclyannounced plans orprograms | Maximum number of shares(or units) that may yet bepurchased under theGeneral Share Repurchase Program | Maximum approximate dollar value that may yet bepurchased under theSpecial Share Repurchase Program |
|---|---|---|---|---|---|
| January 1 - January 31 | 2,023,081 | $53.87 | 2,023,081 | 13,480,182 | $67,483,059 |
| February 1 - February 28 | 5,059,059 | 56.99 | 5,059,059 | 8,421,123 | 67,483,059 |
| March 1 - April 3 | 1,812,585 | 56.67 | 1,812,585 | 6,608,538 | 67,483,059 |
| Total | 8,894,725 | $56.21 | 8,894,725 | 6,608,538 | $67,483,059 |
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