Fortrea (FTRE) CAO Parks sells 1,927 shares after 5,270 RSUs vest

Rhea-AI Filing Summary

Fortrea Holdings Inc.’s Chief Accounting Officer Robert Parks reported routine equity compensation activity. On March 9, 2026, he exercised 5,270 Restricted Stock Units, receiving the same number of common shares at a price of $0.00 per share as part of scheduled vesting. On March 10, 2026, he sold a total of 1,927 common shares in open-market transactions at weighted average prices of $8.93 and $9.21 per share to cover tax withholding obligations required under the company’s equity incentive plans. Following these transactions, he directly holds 22,389 shares of common stock and 85,344 RSUs, reflecting a net increase in overall equity-based exposure despite the tax-related sales.

Insights

Insider transactions analyst

Routine RSU vesting with tax-related sales, limited signaling value.

Chief Accounting Officer Robert Parks converted 5,270 RSUs into common stock at $0.00 per share as part of scheduled vesting. Footnotes state this reflects normal settlement of equity awards, not a discretionary market bet.

He then sold 1,927 common shares at weighted average prices of $8.93 and $9.21 per share to satisfy tax withholding requirements via mandatory “sell to cover” transactions. The company’s equity plan requires this method, so the timing is not an active trading decision.

After these moves, Parks directly owns 22,389 common shares and 85,344 RSUs, indicating substantial remaining exposure to Fortrea Holdings Inc.. This pattern—RSU vesting plus tax sales—is typically viewed as administrative compensation activity rather than a directional signal.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Parks Robert

(Last) (First) (Middle)

8 MOORE DRIVE

(Street)

DURHAM NC 27713

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Fortrea Holdings Inc. [ FTRE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/09/2026		M		5,270	A	$0(1)	24,316	D
Common Stock(2)	03/10/2026		S		963	D	$8.93(3)	23,353(4)	D
Common Stock(2)	03/10/2026		S		964	D	$9.21(5)	22,389(4)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	03/09/2026		M			5,270	(6)	(6)	Common Stock	5,270	$0	85,344(7)	D

Explanation of Responses:

1. Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of Fortrea Holdings Inc. ("Fortrea") common stock ("Common Stock"). This transaction represents the settlement of RSUs into Common Stock on their scheduled vesting date.

2. The sales reported on this Form 4 represent shares of Common Stock sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.

3. This transaction was executed in multiple trades at prices ranging from $8.72 to $9.03. The price reported in column 4 above reflects the weighted average price of the shares of Common Stock sold. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

4. This number reflects the aggregate amount of Common Stock held by the reporting person.

5. This transaction was executed in multiple trades at prices ranging from $9.04 to $9.90. The price reported in column 4 above reflects the weighted average price of the shares of Common Stock sold. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

6. The RSUs vested on March 7, 2026. The second installment will vest on March 7, 2027.

7. This number reflects the aggregate number of RSUs held by the reporting person.

	/s/ Erica Smith-Klocek, Attorney-in-Fact for Robert Parks	03/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transactions did Fortrea (FTRE) report for Robert Parks?

Fortrea reported that Chief Accounting Officer Robert Parks settled 5,270 RSUs into common stock, then sold 1,927 shares. The sales were made to cover tax withholding obligations tied to the RSU vesting, under the company’s mandatory “sell to cover” plan rules.

Were Robert Parks’ FTRE stock sales discretionary open-market trades?

No. Footnotes explain the 1,927 FTRE shares sold by Robert Parks were mandated “sell to cover” transactions. They were executed solely to fund required tax withholding on vested RSUs, not as discretionary trades reflecting a personal market view.

At what prices did Robert Parks sell his Fortrea (FTRE) shares?

Robert Parks sold FTRE common stock in two transactions with weighted average prices of $8.93 and $9.21 per share. Each transaction was executed across multiple trades within stated price ranges, as detailed in the Form 4 footnotes for transparency on execution levels.

How many Fortrea (FTRE) shares and RSUs does Robert Parks hold after these transactions?

After the reported activity, Robert Parks directly holds 22,389 shares of Fortrea common stock and 85,344 RSUs. One RSU represents the right to receive one share at settlement, so this position reflects significant ongoing equity-based exposure to the company’s performance.

What triggered the RSU conversion in the Fortrea (FTRE) Form 4 filing?

The RSU conversion was triggered by a scheduled vesting event. Footnotes state the RSUs vested on March 7, 2026, and were settled into 5,270 shares of common stock on March 9, 2026, as part of Parks’ equity compensation vesting schedule.

Does Robert Parks still have unvested Fortrea (FTRE) RSUs after this filing?

Yes. The Form 4 shows Robert Parks holding 85,344 RSUs after the transaction. Footnotes also note that the second installment of this RSU award is scheduled to vest on March 7, 2027, indicating additional future equity vesting is expected under his compensation plan.