Peter C Underwood

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.

SVP Chief Legal Officer Underwood sells 58,133 shares of FTV for $2,981,060.24; reduces holdings 42.1%

Peter C Underwood, SVP and Chief Legal Officer, sold 58,133 shares at $51.28 on 2025-11-10, reducing his holdings from 138,208 shares to 80,075 shares—a 42.1% decrease in his position. Underwood's cross-ticker track record shows 1 prior sale with a 90-day well-timed rate of 100.00%, and his previous FTV sale on 2025-05-12 showed a 90-day return of -36.2%, indicating the stock declined after that sale. The stock is currently trading at $52.03, -16.8% from its 52-week high of $62.53, suggesting his prior May sale preceded a material pullback. The company's fundamentals show a P/E of 27.38 with modest annual revenue growth of 2.8%, which may indicate elevated valuation relative to near-term growth prospects. This substantial reduction in a top executive's holdings warrants investor attention, particularly given the historical pattern of decline following his prior FTV transaction.

FTV SVP/CLO Peter C. Underwood sold 14,327 shares at $73.88 (May 2025); stock now at $55.50, down 11.2% from 52-week high.

Underwood sold 14,327 shares at $73.88 on 2025-05-12, reducing his holdings by 21.7% from 66,077 to 51,750 shares and generating $1,058,478.76 in proceeds. The sale occurred near the 52-week high (stock currently at $55.50, which is -11.2% from the $62.53 52-week peak achieved in this range). At the time of the sale, the stock appears to have been trading within its typical range. With Fortive showing modest +2.8% annual revenue growth, a P/E of 23.62, and quarterly net income of $171,900,000.00 on $1,474,200,000.00 revenue, the company demonstrates stable profitability. The sale represents a meaningful reduction of executive holdings but should be evaluated in full context of any 10b5-1 trading plan or other scheduled arrangements not specified in the provided facts.