Fortrea director converts 148,536 RSUs to shares
Fortrea Holdings Inc. director Peter M. Neupert reported a routine equity compensation event.
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Form Type
4
Rhea-AI Filing Summary
Fortrea Holdings Inc. director Peter M. Neupert reported a routine equity compensation event. On May 14, 2026, he settled 148,536 Restricted Stock Units into the same number of shares of Fortrea common stock on their scheduled vesting date. Following this vesting and conversion, he holds an aggregate of 246,668 shares of common stock directly. The filing reflects an exercise/conversion of RSUs rather than an open-market purchase or sale.
Insider Trade Summary
148,536 shares exercised/converted
Exercise
2 txns
Insider
NEUPERT PETER M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 148,536 | $0.00 | $0.00 |
| Exercise | Common Stock | 148,536 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Common Stock — 246,668 shares (Direct)
Footnotes (3)
- F1. 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.
- F2. This number reflects the aggregate amount of Common Stock held by the reporting person.
- F3. Represents an RSU award that vested in its entirety on May 14, 2026.
Key Figures
RSUs settled: 148,536 units
Shares received: 148,536 shares
Holdings after transaction: 246,668 shares
+1 more
4 metrics
RSUs settled
148,536 units
Restricted Stock Units vested and settled on May 14, 2026
Shares received
148,536 shares
Common stock issued upon RSU settlement on May 14, 2026
Holdings after transaction
246,668 shares
Aggregate common stock held directly after RSU conversion
Exercise/settlement price
$0.00 per unit
RSUs settled with stated price per share of 0.0000
Key Terms
Restricted Stock Unit, Common Stock, vesting date, derivative security
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of Fortrea Holdings Inc. common stock."
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.
Common Stock financial
"This number reflects the aggregate amount of Common Stock held by the reporting person."
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.
vesting date financial
"This transaction represents the settlement of RSUs into Common Stock on their scheduled vesting date."
derivative security financial
"Transaction code M is described as an 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Fortrea (FTRE) director Peter M. Neupert report?
Peter M. Neupert reported a routine equity compensation event. He settled 148,536 Restricted Stock Units into 148,536 shares of Fortrea common stock upon vesting, converting derivative awards into direct share ownership without an open-market trade.
Were the Fortrea (FTRE) transactions by Peter M. Neupert open-market buys or sells?
No, the transactions were not open-market buys or sells. They reflect the settlement of 148,536 Restricted Stock Units into common stock on a scheduled vesting date, classified as an exercise or conversion of derivative securities, not a discretionary trade.
What type of securities were converted in Peter M. Neupert’s Fortrea (FTRE) Form 4?
The filing shows Restricted Stock Units being converted. Each RSU represented the right to receive one share of Fortrea common stock at settlement, and 148,536 RSUs vested and settled into an equal number of common shares on May 14, 2026.
Did any Restricted Stock Units remain unvested for Peter M. Neupert at Fortrea (FTRE)?
The reported RSU award vested in its entirety on May 14, 2026. The derivative position tied to this specific 148,536-unit award dropped to zero, indicating that particular RSU grant was fully settled into common stock as of the vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
