{"schema_version":"secwatch.filing_event.v1","accession":"0001659166-25-000104","form_type":"8-K","ticker":"FTV","cik":"0001659166","company_name":"Fortive Corp","filed_at":"2025-06-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.236317+00:00","generated_at":"2026-05-18T13:18:33.278462+00:00","sec_items":["1.01","2.01","2.02","5.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Fortive spins off Ralliant (1:3 ratio), names new CEO; Q2 revenue seen flat to slightly down","bullets":["Spin-off effective June 28, 2025; shareholders received 1 RAL share per 3 FTV shares; about 113M RAL shares distributed.","Olumide Soroye appointed President, CEO and Director effective June 28, succeeding James Lico (retired, remains senior advisor through year-end).","Estimated Q2 (ended June 28) revenue and core revenue flat to slightly down; adjusted EPS near mid-point of prior guidance; tariff/policy headwinds cited.","Ralliant borrowed $1.15B under term loans to pay Fortive; Fortive to use proceeds for debt repayment and stock repurchase.","Pro forma net earnings for new Fortive: $112.6M (Q1 2025) vs $171.9M as reported, after Ralliant elimination."],"urls":{"canonical":"https://secwatch.observer/filing/0001659166-25-000104","json":"https://secwatch.observer/filing/0001659166-25-000104.json","markdown":"https://secwatch.observer/filing/0001659166-25-000104.md","text":"https://secwatch.observer/filing/0001659166-25-000104.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1659166/000165916625000104/0001659166-25-000104-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1659166/000165916625000104/ftv-20250627.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T13:18:33.278462+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":"db9765727a5bafb762f2bb296cf140cdb80fd089","claim":"Fortive Corp completed a disposition involving Ralliant Corporation for one share of Ralliant common stock for every three shares of Fortive common stock held as of the Record Date (closed 2025-06-28).","evidence_excerpt":"The Distribution was completed effective as of 12:01 a.m. on June 28, 2025.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1659166/000165916625000104/0001659166-25-000104-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Ralliant Corporation"},{"label":"Consideration","value":"one share of Ralliant common stock for every three shares of Fortive common stock held as of the Record Date"},{"label":"Closing","value":"2025-06-28"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}