Fortrea (FTRE) director receives 12,852 RSU equity grant, totaling 33,768 units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sharbaugh William J reported acquisition or exercise transactions in this Form 4 filing.
Fortrea Holdings Inc. director William J. Sharbaugh received an equity compensation grant in the form of 12,852 Restricted Stock Units (RSUs) on June 10, 2026. Each RSU represents the right to receive one share of Fortrea common stock at settlement. After this grant, he holds an aggregate of 33,768 RSUs. The new RSU award vests in its entirety twelve months after June 10, 2026, subject to his continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sharbaugh William J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 12,852 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 33,768 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"). Represents an RSU award that vests in its entirety twelve months after June 10, 2026, subject to the Reporting Person's continued service. This number reflects the aggregate number of RSUs held by the reporting person.
Key Figures
RSUs granted: 12,852 RSUs
Total RSUs held after grant: 33,768 RSUs
RSU exercise/settlement price: $0.00 per unit
+1 more
4 metrics
RSUs granted
12,852 RSUs
Grant dated June 10, 2026 to director William J. Sharbaugh
Total RSUs held after grant
33,768 RSUs
Aggregate RSUs held by the reporting person after the transaction
RSU exercise/settlement price
$0.00 per unit
Reported transaction price and conversion price for the RSU award
Vesting schedule
Vests twelve months after June 10, 2026
Award vests in full after twelve months, subject to continued service
Key Terms
Restricted Stock Unit, RSU, Common Stock, Grant, award, or other acquisition, +1 more
5 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share"
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.
RSU financial
"Represents an RSU award that vests in its entirety twelve months after June 10, 2026"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
Common Stock financial
"one share of Fortrea Holdings Inc. ("Fortrea") common stock ("Common Stock")"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
vests in its entirety financial
"Represents an RSU award that vests in its entirety twelve months after June 10, 2026"
FAQ
What insider transaction did Fortrea (FTRE) report for William J. Sharbaugh?
Fortrea reported that director William J. Sharbaugh received a grant of 12,852 Restricted Stock Units. These RSUs are a form of equity compensation that convert into an equal number of Fortrea common shares when they settle, aligning his interests with shareholders.
How many Fortrea (FTRE) RSUs does William J. Sharbaugh hold after this Form 4?
Following the reported grant, William J. Sharbaugh holds an aggregate of 33,768 Restricted Stock Units. This figure represents all RSUs currently credited to him, including the new award, as disclosed in the filing’s footnotes describing his total RSU holdings.
When do William J. Sharbaugh’s new Fortrea (FTRE) RSUs vest?
The new RSU award vests in its entirety twelve months after June 10, 2026. Vesting is contingent on Sharbaugh’s continued service with Fortrea, meaning he must remain in his role through that period to receive the underlying shares.
What does each Fortrea (FTRE) Restricted Stock Unit represent in this Form 4?
Each Restricted Stock Unit represents the right to receive one share of Fortrea common stock at settlement. No cash is paid by the director for these RSUs; they are an equity-based compensation award granted by the company under its incentive plans.