Fortive said the separation of its Precision Technologies segment was completed on June 28, 2025 at 12:01 a.m. Eastern Time, and shareholders of record as of June 16, 2025 received one share of Ralliant common stock for every 3 shares of Fortive common stock held. The press release stated that approximately 113 million shares of Ralliant common stock were distributed.

1. 01

   Fortive said the separation of its Precision Technologies segment was completed on June 28, 2025 at 12:01 a.m. Eastern Time, and shareholders of record as of June 16, 2025 received one share of Ralliant common stock for every 3 shares of Fortive common stock held. The press release stated that approximately 113 million shares of Ralliant common stock were distributed.

2. 02

   Fortive said Ralliant borrowed $1.15 billion under the Term Loans on June 27, 2025 and used the proceeds to make payments to Fortive as part of the cash consideration for the contribution of certain assets and liabilities to Ralliant in connection with the separation. The company said it intends to apply the cash consideration to repay certain outstanding indebtedness and to repurchase certain of its outstanding common stock pursuant to the special purpose share repurchase program authorized on May 27, 2025.

3. 03

   Fortive said James A. Lico retired as President and Chief Executive Officer and as a member of the Board of Directors effective upon completion of the separation, and Olumide Soroye was appointed as President and Chief Executive Officer and as a member of the Board effective upon completion of the separation. The press release stated that Lico will continue to serve as a non-executive senior advisor for Fortive until the end of the year.

4. 04

   Fortive said it estimates second quarter Q2 2025 revenue and core revenue as flat to slightly down across new Fortive, with the Precision Technologies segment, now Ralliant, declining mid-single digits. The company said it estimates second quarter Q2 consolidated adjusted EPS near the mid-point of its previous guidance range.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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