SVP/CLO Peter C Underwood sold 47.6K FTV shares at $60.81 for $2.9M; holds 87.8K post-transaction.
Peter C Underwood, SVP and Chief Legal Officer, sold 47,557 shares of Fortive Corp at $60.81 on 2026-05-04, reducing his non-derivative holdings by 35.1% to 87,780 shares. The stock currently trades at $60.14, down 5.1% from its 52-week high of $63.40. His cross-ticker track record shows mixed execution: 2 prior sells averaged -10.2% return over 30 days and -9.5% over 90 days, with a 50.00% well-timed rate. At this specific ticker, his prior two sales—on 2025-11-10 and 2025-05-12—delivered opposite results (up 17.2% and down 36.2% at the 90-day mark respectively), yielding 1 of 2 well-timed outcomes. Fortive faces headwinds with annual revenue declining 33.3% year-over-year, though the latest quarter posted $1.1B in revenue and $136.4M in net income, with a P/E of 34.56.