Regan P. O'Dea - 25 Feb 2026 Form 3 Insider Report for Fortis Inc. (FTS)

Role
VP, General Counsel
Signature
Regan O'Dea
Issuer symbol
FTS
Transactions as of
25 Feb 2026
Net transactions value
$0
Form type
3
Filing time
25 Feb 2026, 11:52:32 UTC
Next filing
04 Mar 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
O'Dea Regan Patrick VP, General Counsel 5 SPRINGDALE STREET, SUITE 1100, ST. JOHN'S, NEWFOUNDLAND, CANADA Regan O'Dea 25 Feb 2026 0002110063

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FTS Common Shares 14,610 25 Feb 2026 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding FTS Option (right to buy) 25 Feb 2026 Common Shares 303 $41.27 Direct F1, F2
holding FTS Option (right to buy) 25 Feb 2026 Common Shares 5,888 $47.57 Direct F1, F3
holding FTS Option (right to buy) 25 Feb 2026 Common Shares 5,140 $58.40 Direct F1, F4
holding FTS Option (right to buy) 25 Feb 2026 Common Shares 5,972 $50.33 Direct F1, F5
holding FTS Performance Share Units (PSUs) 25 Feb 2026 Common Shares 2,736 Direct F6
holding FTS Performance Share Units (PSUs) 25 Feb 2026 Common Shares 2,449 Direct F7
holding FTS Performance Share Units (PSUs) 25 Feb 2026 Common Shares 2,596 Direct F8
holding FTS Restricted Share Units (RSUs) 25 Feb 2026 Common Shares 912 Direct F9
holding FTS Restricted Share Units (RSUs) 25 Feb 2026 Common Shares 816 Direct F10
holding FTS Restricted Share Units (RSUs) 25 Feb 2026 Common Shares 865 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exercise price in Canadian dollars.
F2 5,028 Options granted 02/13/18; Options Vesting Schedule: Options Exercisable 02/13/2019 - 1,257; Options Exercisable 02/13/2020 - 1,257; Options Exercisable 02/13/2021 - 1,257; Options Exercisable 02/13/2022 - 1,257; 4,725 Options exercised between 11/16/23 and 12/12/2025.
F3 Options Vesting Schedule: Options Exercisable 02/13/2020 - 1,472; Options Exercisable 02/13/2021 - 1,472; Options Exercisable 02/13/2022 - 1,472; Options Exercisable 02/13/2023 - 1,472.
F4 Options Vesting Schedule: Options Exercisable 02/26/2021 - 1,285; Options Exercisable 02/26/2022 - 1,285; Options Exercisable 02/26/2023 - 1,285; Options Exercisable 02/26/2024 - 1,285.
F5 Options Vesting Schedule: Options Exercisable 02/25/2022 - 1,493; Options Exercisable 02/25/2023 - 1,493; Options Exercisable 02/25/2024 - 1,493; Options Exercisable 02/25/2025 - 1,493.
F6 PSUs granted on January 1, 2024 pursuant to the Fortis Inc. Omnibus Equity Plan. PSUs vest on December 31, 2026 based on performance against pre-established measures. PSUs may be settled in cash or Fortis Inc. common shares. The cash value of a vested PSU is equal to the market price of a Fortis Inc. common share at the relevant time, calculated using the five-day volume weighted average trading price of shares on the TSX. The reporting individual earns additional PSUs as dividend equivalents for dividends paid on Fortis Inc. common shares prior to vesting.
F7 PSUs granted on January 1, 2025 pursuant to the Fortis Inc. Omnibus Equity Plan. PSUs vest on December 31, 2027 based on performance against pre-established measures. PSUs may be settled in cash or Fortis Inc. common shares. The cash value of a vested PSU is equal to the market price of a Fortis Inc. common share at the relevant time, calculated using the five-day volume weighted average trading price of shares on the TSX. The reporting individual earns additional PSUs as dividend equivalents for dividends paid on Fortis Inc. common shares prior to vesting.
F8 PSUs granted on January 1, 2026 pursuant to the Fortis Inc. Omnibus Equity Plan. PSUs vest on December 31, 2028 based on performance against pre-established measures. PSUs may be settled in cash or Fortis Inc. common shares. The cash value of a vested PSU is equal to the market price of a Fortis Inc. common share at the relevant time, calculated using the five-day volume weighted average trading price of shares on the TSX. The reporting individual earns additional PSUs as dividend equivalents for dividends paid on Fortis Inc. common shares prior to vesting.
F9 RSUs granted on January 1, 2024 pursuant to the Fortis Inc. Omnibus Equity Plan. RSUs vest on January 1, 2027. RSUs may be settled in cash or Fortis Inc. common shares. The cash value of a vested RSU is equal to the market price of a Fortis Inc. common share at the relevant time, calculated using the five-day volume weighted average trading price of shares on the TSX. The reporting individual earns additional RSUs as dividend equivalents for dividends paid on Fortis Inc. common shares prior to vesting.
F10 RSUs granted on January 1, 2025 pursuant to the Fortis Inc. Omnibus Equity Plan. RSUs vest on January 1, 2028. RSUs may be settled in cash or Fortis Inc. common shares. The cash value of a vested RSU is equal to the market price of a Fortis Inc. common share at the relevant time, calculated using the five-day volume weighted average trading price of shares on the TSX. The reporting individual earns additional RSUs as dividend equivalents for dividends paid on Fortis Inc. common shares prior to vesting.
F11 RSUs granted on January 1, 2026 pursuant to the Fortis Inc. Omnibus Equity Plan. RSUs vest on January 1, 2029. RSUs may be settled in cash or Fortis Inc. common shares. The cash value of a vested RSU is equal to the market price of a Fortis Inc. common share at the relevant time, calculated using the five-day volume weighted average trading price of shares on the TSX. The reporting individual earns additional RSUs as dividend equivalents for dividends paid on Fortis Inc. common shares prior to vesting.