Fortrea (NASDAQ: FTRE) grants RSUs and PSUs to its COO

(Neutral)

Form Type

Rhea-AI Filing Summary

Morais Mark A. reported acquisition or exercise transactions in this Form 4 filing.

Fortrea Holdings Inc. reported that Chief Operating Officer Mark A. Morais received new equity awards in the form of restricted stock units and performance stock units tied to Fortrea common stock. He was granted 52,030 RSUs, each representing one share, vesting in three roughly equal annual installments starting on March 6, 2027. These RSUs bring his aggregate RSU holdings to 131,251 units.

Morais also received 66,667 performance stock units, each representing a contingent right to one share of common stock. These PSUs vest based on Fortrea’s share price reaching specified levels at the end of a three-year performance period and are shown with an expiration date of December 31, 2028, reflecting a long-term, performance-based component of his compensation.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Morais Mark A.

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	52,030	$0.00	$0.00
Grant/Award	Performance Stock Units	66,667	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 131,251 shares (Direct); Performance Stock Units — 66,667 shares (Direct)

Footnotes (4)

F1. Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of Fortrea Holdings Inc. ("Fortrea") common stock ("Common Stock").
F2. The RSUs vest in three substantially equal annual installments beginning on March 6, 2027.
F3. This number reflects the aggregate number of RSUs held by the reporting person.
F4. Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of Fortrea Common Stock. The PSUs vest upon the Common Stock achieving specified prices per share at the end of the three-year performance period.

FAQ

What insider transaction did Fortrea (FTRE) report for its COO?

Fortrea reported equity awards to COO Mark A. Morais, not open-market trades. He received 52,030 restricted stock units and 66,667 performance stock units, both tied to Fortrea common stock, as part of his long-term incentive compensation package.

How many restricted stock units did the Fortrea (FTRE) COO receive?

COO Mark A. Morais received 52,030 restricted stock units. Each RSU represents the right to one share of Fortrea common stock at settlement, vesting in three substantially equal annual installments beginning March 6, 2027, subject to continued service and plan terms.

What are the vesting terms of the Fortrea (FTRE) COO’s RSUs?

The COO’s 52,030 restricted stock units vest in three substantially equal annual installments. Vesting begins on March 6, 2027, and continues annually thereafter, aligning the award with a multi-year service period under Fortrea’s equity incentive arrangements.

How do the Fortrea (FTRE) performance stock units for the COO work?

The 66,667 performance stock units give the COO a contingent right to one share of Fortrea common stock each. They vest only if Fortrea’s stock reaches specified prices per share at the end of a three-year performance period, with an expiration date of December 31, 2028.

How many RSUs does the Fortrea (FTRE) COO hold after this Form 4?

After this grant, the number of restricted stock units held by the COO is 131,251. This figure reflects the aggregate RSU position reported following the March 6, 2026 award, emphasizing his ongoing exposure to Fortrea’s future share performance.

Is the Fortrea (FTRE) COO’s Form 4 a stock purchase or sale?

The Form 4 reflects equity awards, not a stock purchase or sale. Both transactions are coded “A” for grant or award, indicating compensation-related acquisitions of RSUs and PSUs at no cash price per share, rather than open-market buying or selling.

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

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/10/2026 - 04:33 PM

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Morais Mark A.

(Last)

(First)

(Middle)

8 MOORE DRIVE

(Street)

DURHAM

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 Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	⁽¹⁾	03/06/2026		A		52,030		⁽²⁾	⁽²⁾	Common Stock	52,030	$0	131,251⁽³⁾	D
Performance Stock Units	⁽⁴⁾	03/06/2026		A		66,667		⁽⁴⁾	12/31/2028	Common Stock	66,667	$0	66,667	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").

2. The RSUs vest in three substantially equal annual installments beginning on March 6, 2027.

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

4. Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of Fortrea Common Stock. The PSUs vest upon the Common Stock achieving specified prices per share at the end of the three-year performance period.

	/s/ Erica Smith-Klocek, Attorney-in-Fact for Mark A. Morais	03/10/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR