---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-058194"
form_type: "8-K"
ticker: "FTV"
cik: "0001659166"
company_name: "Fortive Corp"
filed_at: "2023-03-02T23:59:59+00:00"
generated_at: "2026-06-18T15:29:59.700826+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Fortive adopts policy requiring shareholder vote for executive severance above 2.99x base+bonus

## Summary
- Policy adopted Feb 27, 2023, effective immediately, applies to all Section 16 officers.
- Cash severance exceeding 2.99x base salary plus target bonus requires shareholder ratification.
- Covers new employment, severance, or separation agreements and any new severance plans/policies.
- Excludes equity awards, deferred compensation, retirement benefits, and other non-cash benefits.
- Policy does not affect existing agreements; only new ones after adoption.

## SEC filing metadata
- accession: 0001193125-23-058194
- form_type: 8-K
- ticker: FTV
- cik: 0001659166
- company_name: Fortive Corp
- filed_at: 2023-03-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1659166/000119312523058194/0001193125-23-058194-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1659166/000119312523058194/d454626d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-058194
- JSON: https://secwatch.observer/filing/0001193125-23-058194.json
- Plain text: https://secwatch.observer/filing/0001193125-23-058194.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.