Fortrea (FTRE) Form 144 Filed for 3,156-Share Sale After Vesting
Rhea-AI Filing Summary
Fortrea Holdings (FTRE) Form 144 notice shows a proposed sale of 3,156 common shares through Fidelity Brokerage (Smithfield, RI) on 09/09/2025 with an aggregate market value of $32,283.04. The shares were acquired on 09/08/2025 as restricted stock vesting and paid as compensation. The filing reports 90,800,000 shares outstanding for the class. It also discloses a prior sale by Jill G. Mcconnell of 4,886 shares on 08/19/2025 for $39,160.31. The notice includes the signer’s representation that no undisclosed material adverse information exists.
Positive
- Shares acquired via restricted stock vesting, indicating alignment of compensation with company performance
- Insider attestation that no undisclosed material adverse information exists as part of the filing
Negative
- None.
Insights
TL;DR: Small insider sale request after recent restricted stock vesting; amounts are immaterial relative to outstanding shares.
The filing documents a proposed sale of 3,156 common shares valued at $32,283.04 following restricted stock vesting on 09/08/2025. Relative to the reported 90.8 million shares outstanding, the transaction size is negligible and unlikely to affect market supply or valuation materially. The filing also discloses a prior sale of 4,886 shares for $39,160.31 on 08/19/2025, which suggests routine disposition of vested compensation rather than a large-scale exit.
TL;DR: Transaction appears consistent with compensation vesting and routine insider liquidity; no governance red flags disclosed.
The report indicates the shares to be sold were acquired as restricted stock vesting and paid as compensation, a common executive compensation mechanism. The filer affirms no undisclosed material adverse information and includes the standard Rule 144 representation. There is no indication of unusual transfer mechanisms, related-party counterparties, or aggregated large disposals that would raise governance concerns.