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Fortrea Holdings (FTRE) officer lines up $89K stock sale tied to tax on vested shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Fortrea Holdings Inc. (FTRE) reported that officer Jill G. Mcconnell filed a notice under Rule 144 for a proposed sale of company common stock. The notice covers 4,892 shares of common stock, with an indicated aggregate value of $88,975.21. The shares relate to restricted stock vesting on August 17, 2026, received from the issuer as compensation. A remark states that the sale includes an amount necessary to cover a tax obligation from settlement of a vested equity award distribution. In the prior three months, Mcconnell reported a separate sale of 4,866 shares for $75,364.61. Common shares outstanding for this class are listed as 95,100,000, as context.

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Shares proposed to be sold 4,892 shares Fortrea common stock covered by the Form 144 notice
Aggregate value of proposed sale $88,975.21 Associated with the 4,892 shares of Fortrea common stock
Shares sold in prior 3 months 4,866 shares Sale by Jill G. Mcconnell on 06/02/2026
Aggregate value of prior sale $75,364.61 Common stock sold on 06/02/2026
Shares outstanding 95,100,000 shares Common stock of the same class listed in the notice
Date of notice 08/19/2026 Filing date of the Form 144 notice
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock vesting financial
"Common | 08/17/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Jill G. Mcconnell."
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
vested equity award distribution financial
"resulting from the settlement of a vested equity award distribution."

FAQ

What does the Form 144 filing for FTRE by Jill G. Mcconnell disclose?

It discloses a proposed sale of 4,892 shares of Fortrea (FTRE) common stock under Rule 144, tied to restricted stock vesting compensation. It also notes a prior three-month sale of 4,866 shares for $75,364.61.

How many FTRE shares is Jill G. Mcconnell planning to sell under this Form 144?

The notice covers a proposed sale of 4,892 shares of Fortrea common stock. The aggregate value associated with this amount is listed as $88,975.21, and the filing relates to shares from restricted stock vesting on August 17, 2026.

What prior FTRE stock sales by Jill G. Mcconnell are reported in this Form 144?

The filing reports that on June 2, 2026, Mcconnell sold 4,866 shares of Fortrea common stock for an aggregate amount of $75,364.61. These are sales in the three months preceding the notice, as required by Rule 144.

How many Fortrea (FTRE) common shares are outstanding according to this filing?

The Form 144 lists 95,100,000 Fortrea common shares outstanding for the class involved. This figure serves as context for the size of the proposed 4,892-share sale disclosed in the filing for officer Jill G. Mcconnell.

Why does the FTRE Form 144 mention tax obligations for Jill G. Mcconnell?

The remarks state the sale includes an amount necessary to cover a tax obligation arising from settlement of a vested equity award distribution. This links the planned sale of 4,892 shares to taxes triggered by restricted stock vesting.

What is the nature of the FTRE shares being sold by Jill G. Mcconnell?

The shares are tied to restricted stock vesting from the issuer as compensation, with vesting dated August 17, 2026Compensation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature