Fortrea (FTRE) Form 144 Filed for 592-Share Sale After Vesting
Rhea-AI Filing Summary
Form 144 filed for Fortrea Holdings Inc. (FTRE) reports a proposed sale of 592 shares of common stock with an aggregate market value of $6,055.63. The filer acquired these shares on 09/08/2025 by restricted stock vesting from the issuer and lists the nature of payment as compensation. The filing identifies Fidelity Brokerage Services LLC as the broker and indicates an approximate sale date of 09/09/2025 on NASDAQ. The form notes there were no securities sold by the person in the past three months and includes the standard signer representation regarding material nonpublic information.
Positive
- Disclosure of acquisition method: Shares were acquired by restricted stock vesting from the issuer on 09/08/2025.
- Clear proposed sale details: 592 common shares with aggregate market value $6,055.63, broker identified as Fidelity Brokerage Services LLC, and approximate sale date 09/09/2025.
Negative
- None.
Insights
TL;DR: Routine insider sale notice for a small equity award; administrative disclosure under Rule 144.
The filing documents a proposed sale of 592 common shares acquired through restricted stock vesting and designated as compensation. It is a procedural disclosure under Rule 144 specifying broker, aggregate market value and intended sale date. There are no reported sales in the prior three months, which simplifies aggregation rules for this notice. The filing does not disclose broader holdings, intent beyond the proposed sale date, or any material operational information about the issuer.
TL;DR: Compliance-focused filing showing compensation-related share issuance and planned disposition via a broker.
The document reflects a standard compliance step following restricted stock vesting: the beneficiary files a Form 144 to notify the market of a proposed sale. It lists the broker and confirms payment was compensation. The filing includes the required signature representation about lack of undisclosed material information. No governance actions, insider relationships, or additional disclosures are provided.