Fortrea (FTRE) Form 144 Notice — 1,677 Restricted Shares for Sale
Rhea-AI Filing Summary
Fortrea Holdings Inc. (FTRE) filed a Form 144 to notify a proposed sale of common stock. The filer plans to sell 1,677 shares through Fidelity Brokerage Services with an aggregate market value of $17,154.20, representing part of 90,800,000 shares outstanding. The approximate sale date is 09/09/2025. The shares were acquired on 09/08/2025 through restricted stock vesting from the issuer and the payment is described as compensation. The filer certifies they are not aware of any undisclosed material adverse information about the issuer.
Positive
- Shares were acquired via restricted stock vesting, indicating compensation rather than an open-market purchase
- Form 144 filed with broker identified as Fidelity Brokerage Services, showing a standard, regulated execution channel
- Filer attests to no undisclosed material adverse information about the issuer
Negative
- None.
Insights
TL;DR: Small executive/insider sale from recent restricted stock vesting; immaterial to FTRE capitalization.
The Form 144 documents a planned sale of 1,677 common shares with an aggregate market value of $17,154.20 through Fidelity, scheduled for 09/09/2025. The shares were acquired one day earlier via restricted stock vesting and tied to compensation. Relative to 90.8 million shares outstanding, this sale is de minimis and unlikely to affect share supply or market price. The filing follows Rule 144 notification requirements and includes the representative attestation regarding undisclosed material information.
TL;DR: Routine insider sale following vesting; standard disclosure and attestation included.
The notice indicates a beneficiary sold shares received from restricted stock vesting, using Fidelity Brokerage Services as the broker. The filer provides the standard attestation about lacking undisclosed material adverse information. There are no disclosures of prior sales in the past three months and no indications of unusual trading arrangements. From a governance standpoint, this is a routine compensation-related sale with standard compliance signals.