Fortrea Holdings (FTRE) interim CAO details 15,325 RSUs vesting to 2027
Rhea-AI Filing Summary
Fortrea Holdings Inc. reported the initial equity holdings of officer Carrie Elizabeth Russell, who serves as Interim CAO. She beneficially holds 15,325 Restricted Stock Units (RSUs), each representing the right to receive one share of common stock at settlement, and 1,780 shares of common stock held directly.
The 15,325 RSUs vest over multiple future dates: 850 RSUs vest in full on September 6, 2026; 6,918 RSUs vest in two equal installments beginning on March 7, 2027; and 7,557 RSUs vest in three equal installments beginning on March 6, 2027. No buy or sell transactions are reported; this filing records existing holdings and vesting terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Russell Carrie Elizabeth
Role
Interim CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Unit F3, F1, F2 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 15,325 shares (Direct);
Common Stock — 1,780 shares (Direct)
Footnotes (3)
- F1. The Restricted Stock Units ("RSUs") vest in the following manner: (i) 850 RSUs will vest in full on September 6, 2026, (ii) 6,918 RSUs will vest in two equal installments beginning on March 7, 2027, and (iii) 7,557 RSUs will vest in three equal installments beginning on March 6, 2027.
- F2. This number reflects the aggregate number of RSUs held by the reporting person.
- F3. Each RSU represents the right to receive, at settlement, one share of Fortrea Holdings Inc. common stock.
Key Figures
Restricted Stock Units held: 15,325 RSUs
Common stock held: 1,780 shares
RSUs vesting 09/06/2026: 850 RSUs
+2 more
5 metrics
Restricted Stock Units held
15,325 RSUs
Aggregate number of RSUs held by the reporting person as of the Form 3
Common stock held
1,780 shares
Directly held Fortrea Holdings Inc. common stock following the reported holdings
RSUs vesting 09/06/2026
850 RSUs
RSUs that will vest in full on September 6, 2026
RSUs vesting in two installments
6,918 RSUs
Vest in two equal installments beginning on March 7, 2027
RSUs vesting in three installments
7,557 RSUs
Vest in three equal installments beginning on March 6, 2027
Key Terms
Restricted Stock Unit, vest, settlement
3 terms
Restricted Stock Unit financial
"The Restricted Stock Units ("RSUs") vest in the following manner"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vest financial
"The Restricted Stock Units ("RSUs") vest in the following manner"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
settlement financial
"Each RSU represents the right to receive, at settlement, one share"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
FAQ
What equity holdings does FTRE officer Carrie Elizabeth Russell report on this Form 3?
Carrie Elizabeth Russell reports holding 15,325 Restricted Stock Units (RSUs) and 1,780 shares of Fortrea Holdings Inc. common stock, all held directly. The RSUs convert into common shares at settlement according to a defined vesting schedule.
How do the 15,325 RSUs reported by FTRE's Interim CAO vest over time?
The 15,325 RSUs vest in three blocks: 850 RSUs on September 6, 2026; 6,918 RSUs in two equal installments starting March 7, 2027; and 7,557 RSUs in three equal installments starting March 6, 2027.
What does each RSU reported by FTRE represent for Carrie Elizabeth Russell?
Each RSU represents the right to receive one share of Fortrea Holdings Inc. common stock at settlement. The RSUs do not immediately deliver shares; shares are received only as the RSUs vest and are settled.
Does this FTRE Form 3 show any stock purchases or sales by the Interim CAO?
No, the Form 3 shows no purchases or sales. It records existing holdings: 15,325 RSUs tied to common stock and 1,780 common shares held directly, along with the RSU vesting terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
