Fortrea (FTRE) director Pesicka settles 38,817 RSUs, gets 12,852 new
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pesicka Edward A reported acquisition or exercise transactions in this Form 4 filing.
Fortrea Holdings Inc. director Edward A. Pesicka reported routine equity compensation activity. On June 10, 2026, previously granted Restricted Stock Units (RSUs) covering 38,817 shares vested and were settled into an equal number of shares of common stock, increasing his direct common stock holdings to 52,453 shares.
On the same date, Pesicka received a new RSU award covering 12,852 RSUs, which, according to the disclosure, vests in full twelve months after June 10, 2026, subject to his continued service as a director. Following these transactions, he also holds 12,852 RSUs representing future rights to receive common stock at settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
38,817 shares exercised/converted
Mixed
3 txns
Insider
Pesicka Edward A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 38,817 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 12,852 | $0.00 | -- |
| Exercise | Common Stock | 38,817 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Common Stock — 52,453 shares (Direct, null)
Footnotes (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. This number reflects the aggregate amount of Common Stock held by the reporting person. Represents an RSU award that vested in its entirety on June 10, 2026. Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of Fortrea Holdings Inc. ("Fortrea") common stock ("Common Stock"). Represents a RSU award that vests in its entirety twelve months after June 10, 2026, subject to the Reporting Person's continued service as a director. This number reflects the aggregate number of RSUs held by the reporting person.
Key Figures
RSUs settled: 38,817 shares
Common stock held: 52,453 shares
New RSU grant: 12,852 RSUs
+3 more
6 metrics
RSUs settled
38,817 shares
RSUs converted to common stock on June 10, 2026
Common stock held
52,453 shares
Direct holdings following transactions
New RSU grant
12,852 RSUs
Awarded June 10, 2026
RSUs outstanding
12,852 RSUs
Aggregate RSUs held after grant
Transaction date
June 10, 2026
Date of vesting, settlement and grant
Vesting schedule
12 months
New RSU award vests 12 months after June 10, 2026
Key Terms
Restricted Stock Unit, derivative security, vested, settlement
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of Fortrea Holdings Inc."
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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vested financial
"Represents an RSU award that vested in its entirety on June 10, 2026."
settlement financial
"represents the right to receive, at settlement, one share of Fortrea Holdings Inc."
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 insider transactions did Fortrea (FTRE) director Edward A. Pesicka report?
Edward A. Pesicka reported equity compensation activity, including settlement of 38,817 Restricted Stock Units into common stock and receipt of a new award of 12,852 RSUs. These transactions reflect vesting and grants rather than open-market buying or selling of Fortrea shares.
What happened to Edward A. Pesicka’s 38,817 Fortrea RSUs on June 10, 2026?
On June 10, 2026, 38,817 of Edward A. Pesicka’s Restricted Stock Units vested and were settled into 38,817 shares of Fortrea common stock. Each RSU represented the right to receive one share upon settlement on the scheduled vesting date.
What are the terms of the new 12,852 RSU award reported for Fortrea (FTRE)?
The new award covers 12,852 Restricted Stock Units that vest in full twelve months after June 10, 2026, subject to Edward A. Pesicka’s continued service as a director. Each RSU entitles him to receive one share of Fortrea common stock at settlement.
Does Edward A. Pesicka still hold Fortrea RSUs after the June 10, 2026 transactions?
Yes. Following settlement of vested RSUs into common stock, Edward A. Pesicka holds 12,852 Restricted Stock Units. This number reflects his aggregate RSU holdings, representing future rights to receive an equal number of Fortrea common shares at settlement.
Were Edward A. Pesicka’s Fortrea (FTRE) transactions open-market buys or sells?
No. The reported transactions involve settlement of vested Restricted Stock Units into shares and a new RSU grant. The filing does not show any open-market purchases or sales, but rather routine equity compensation and derivative settlement activity for the director.