{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-21-364940","form_type":"8-K","ticker":"FTV","cik":"0001659166","company_name":"Fortive Corp","filed_at":"2021-12-22T23:59:59+00:00","discovered_at":"2026-05-14T18:04:13.539333+00:00","generated_at":"2026-06-27T22:57:19.627902+00:00","sec_items":["1.01","2.03","5.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Fortive enters $1B 364-day term loan facility, draws full amount","bullets":["$1 billion delayed-draw term loan fully drawn at closing on Dec 16, 2021.","Interest based on LIBOR plus 60-80 bps margin, depending on credit rating.","Financial covenants: net leverage ratio ≤3.50 (4.00 after large acquisitions), interest coverage ≥3.50.","Director Feroz Dewan resigned effective Dec 31, 2021, for personal reasons, no disagreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-21-364940","json":"https://secwatch.observer/filing/0001193125-21-364940.json","markdown":"https://secwatch.observer/filing/0001193125-21-364940.md","text":"https://secwatch.observer/filing/0001193125-21-364940.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1659166/000119312521364940/0001193125-21-364940-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1659166/000119312521364940/d276123d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T22:57:19.627902+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bf5b087236","claim":"Feroz Dewan resigned as Director at Fortive Corp.","evidence_excerpt":"On December 16, 2021, Feroz Dewan notified the Board of Director of the Company of his decision to resign as a director of the Company for personal reasons unrelated to the Company, with such resignation effective December 31, 2021.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1659166/000119312521364940/0001193125-21-364940-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}