FTV - Witnessing An Insider Decision JAMES LICO Exercises Options Valued At $1.38M At Fortive | Benzinga
On May 16, it was revealed in an SEC filing that JAMES LICO, President and CEO at Fortive (NYSE:FTV) executed a significant exercise of company stock options.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Thursday revealed that LICO, President and CEO at Fortive in the Industrials sector, exercised stock options for 29,480 shares of FTV stock. The exercise price of the options was $30.42 per share.
The latest update on Friday morning shows Fortive shares down by 0.0%, trading at $77.33. At this price, LICO's 29,480 shares are worth $1,382,906.
Unveiling the Story Behind Fortive
Fortive is a diversified industrial technology firm with a broad portfolio of mission-critical products and services that include field solutions, product realization, health, and sensing technologies. The company serves a wide range of end markets, including manufacturing, utilities, medical, and electronics. Fortive generated roughly $6.1 billion in revenue in 2023.
Fortive: A Financial Overview
Positive Revenue Trend: Examining Fortive's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 4.37% as of 31 March, 2024, showcasing a substantial increase in ...