{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-048954","form_type":"8-K","ticker":"FTV","cik":"0001659166","company_name":"Fortive Corp","filed_at":"2025-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.342994+00:00","generated_at":"2026-05-25T03:46:23.931907+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Fortive appoints Mark Okerstrom as CFO effective March 24, 2025; McLaughlin retires","bullets":["Mark Okerstrom named SVP & CFO, effective March 24, 2025, succeeding Charles McLaughlin who retires but remains through Dec 2025.","Okerstrom previously at Bain & Company and Advent International; former Expedia CFO/CEO (2011–2019) and President/COO of Convoy.","Compensation: $800k base salary, 125% target bonus, $2.5M cash sign-on (two installments), $10M one-time equity, $6M annual equity.","One-time equity: 50% PSUs (3-year performance + 1-year hold), 25% stock options, 25% RSUs (both vest 50% at year 3 and 4).","Sign-on awards include a make-whole payment for forfeited compensation from previous position."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-048954","json":"https://secwatch.observer/filing/0001193125-25-048954.json","markdown":"https://secwatch.observer/filing/0001193125-25-048954.md","text":"https://secwatch.observer/filing/0001193125-25-048954.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1659166/000119312525048954/0001193125-25-048954-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1659166/000119312525048954/d940041d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T03:46:23.931907+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":"bc28fc0fa7","claim":"Mark D. Okerstrom was appointed as Senior Vice President and Chief Financial Officer at Fortive Corp.","evidence_excerpt":"On March 4, 2025, the Board of Directors of Fortive Corporation (the “Company”) appointed Mark D. Okerstrom as Senior Vice President and Chief Financial Officer of the Company, effective March 24, 2025","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1659166/000119312525048954/0001193125-25-048954-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Senior Vice President and Chief Financial Officer"}]},{"claim_id":"e35906069a","claim":"Charles E. McLaughlin departed as Senior Vice President and Chief Financial Officer at Fortive Corp.","evidence_excerpt":"Mr. Okerstrom will succeed Charles E. McLaughlin, who will retire from his role as Senior Vice President and Chief Financial Officer of the Company on the Effective Date and will continue to serve in a non-executive officer role with the Company through December 31, 2025 to assist with the transition.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1659166/000119312525048954/0001193125-25-048954-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retire"},{"label":"Role","value":"Senior Vice President and Chief Financial Officer"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}