Fortive Corp — fact timeline

Fortive Corp incurred senior notes of $600 million aggregate principal amount of its 4.750% Notes due 2031 and $500 million aggregate principal amount of its with Truist Bank at 4.750% per annum for the 2031 notes; 5.250% per annum for the 2036 notes maturing May 15, 2031 for the 2031 notes; May 15, 2036 for the 2036 notes.

“On May 14, 2026, Fortive Corporation, a Delaware corporation (the “Company”), completed an underwritten offering (the “Offering”) of $600 million aggregate principal amount of its 4.750% Notes due 2031 (the “2031 notes”) and $500 million aggregate principal amount of its 5.250% Notes due 2036 (the “2036 notes” and, together with the 2031 notes, the “notes”).”

Fortive Corp reported first quarter of 2026 (quarter ended April 3, 2026) results: revenue $1.07 billion, net income $136 million, EPS $0.44 per diluted share (GAAP). Guidance reaffirmed.

“the significant shareholder value creation opportunity in front of us,” Mr. Soroye concluded. Financial Highlights for First Quarter 2026 , Continuing Operations • Revenue of $1.07 billion, up 7.7% year-over-year; core revenue up 5.3% • GAAP net earnings of $136 million, up 21.1% year-over-year, GAAP net earnings margin of 12.8%; adjusted EBITDA of $314 million, up”

Fortive Corp entered into Third Amended and Restated Credit Agreement with Bank of America, N.A. valued at $2.0 billion (effective 2026-03-17).

“On March 17, 2026 (the “ Closing Date ”), Fortive Corporation, a Delaware corporation (the “ Company ”), entered into a third amended and restated credit agreement (the “ Credit Agreement ”) with Bank of America, N.A. (“ Bank of America ”), as administrative agent and a swing line lender, and a syndicate of lenders from time to time party thereto, that provides for a 5-year revolving credit facility in an aggregate principal amount not to exceed $2.0 billion, which includes a multicurrency borrowing feature.”

Fortive Corp amended revolving credit of not to exceed $2.0 billion with Bank of America, N.A., as administrative agent and a swing line lender, and a syndicate of lenders at Term SOFR plus a margin of between 69 and 110 basis points maturing March 17, 2031.

“The Credit Agreement extends the availability period of the revolving credit facility from October 18, 2027 to March 17, 2031”

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).

“The Distribution was completed effective as of 12:01 a.m. on June 28, 2025.”

Charles E. McLaughlin departed as Senior Vice President and Chief Financial Officer at Fortive Corp.

“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.”

Mark D. Okerstrom was appointed as Senior Vice President and Chief Financial Officer at Fortive Corp.

“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”

Gregory J. Moore was appointed as Director at Fortive Corp.

“Effective February 26, 2025, the Board of Directors of Fortive Corporation (the “Company”) increased the size of the Company’s Board from nine to ten members and appointed Gregory J. Moore, M.D., Ph.D., to the Board”

Sharmistha Dubey was appointed as Chair of the Board at Fortive Corp.

“effective January 28, 2025, the Board appointed Sharmistha Dubey, an independent director of the Company, as the Chair of the Board to succeed Mr. Spoon.”

Alan G. Spoon changed role as Chair of the Board at Fortive Corp.

“effective January 28, 2025, the Board appointed Sharmistha Dubey, an independent director of the Company, as the Chair of the Board to succeed Mr. Spoon.”

Alan G. Spoon departed as Director at Fortive Corp.

“On January 28, 2025, Alan G. Spoon notified the Board of Directors (the “Board”) of Fortive Corporation (the “Company”) that he has elected not to stand for re-election as a director at the Company’s 2025 Annual Meeting of Shareholders (the “Annual Meeting”) to be held on June 3, 2025, and will retire from the Board effective on the date of the Annual Meeting.”

Charles E. McLaughlin departed as Senior Vice President and Chief Financial Officer at Fortive Corp.

“In addition, on August 30, 2024, Charles E. McLaughlin notified the Company of his decision to retire as Senior Vice President and Chief Financial Officer of the Company by the end of the first quarter of 2025.”

James A. Lico departed as Director at Fortive Corp.

“On August 31, 2024, James A. Lico notified the Board of Directors of Fortive Corporation (the “Company” or “Fortive”) of his decision to retire as President and Chief Executive Officer, and as a director, of the Company, effective upon the consummation of the proposed spin-off”

James A. Lico departed as President and Chief Executive Officer at Fortive Corp.

“On August 31, 2024, James A. Lico notified the Board of Directors of Fortive Corporation (the “Company” or “Fortive”) of his decision to retire as President and Chief Executive Officer, and as a director, of the Company, effective upon the consummation of the proposed spin-off”

Fortive Corp reported the first quarter of 2024 results: revenue $1.52 billion, net income $207 million, EPS $0.58. Guidance raised.

“For the first quarter, net earnings were $207 million. For the same period, adjusted net earnings were $295 million, which excludes the $63 million gain on sale of property in our Precision Technologies Segment. Diluted net earnings per share for the first quarter was $0.58. For the same period, adjusted diluted net earnings per share was $0.83. For the first quarter, revenues increased 4% year-over-year to $1.52 billion, which included core revenue growth of 3%.”