Fortrea (FTRE) Director Reports 62,500-Share Purchase at ~$6.5 Average
Rhea-AI Filing Summary
Fortrea Holdings director Peter M. Neupert reported two open-market purchases of the issuer's common stock: 30,000 shares on 08/08/2025 at a weighted average price of $6.79, and 32,500 shares on 08/11/2025 at a weighted average price of $6.26. The filing notes the trades were executed in multiple fills at price ranges of $6.69–$6.90 and $6.15–$6.39, respectively.
After these transactions the reporting person beneficially owned 98,132 shares. The Form 4 was signed by an attorney-in-fact on 08/11/2025. No derivative transactions or dispositions were reported on this form.
Positive
- Director Peter M. Neupert purchased a total of 62,500 shares in two open-market transactions
- Beneficial ownership increased to 98,132 shares following the reported purchases
- Transactions reported with weighted average prices and execution price ranges, aiding transparency
Negative
- None.
Insights
TL;DR Insider purchases totaling 62,500 shares raise the director's stake to 98,132 shares, a potentially positive signal to the market.
Two separate open-market purchases on 08/08/2025 and 08/11/2025 increased the reporting person's direct holdings from the prior reported level to 98,132 shares. The transactions executed at weighted average prices of $6.79 and $6.26 show increased insider accumulation over a short window. From a trading perspective, the size and timing are notable for investors tracking insider activity, though the filing does not disclose intent or percentage ownership relative to outstanding shares.
TL;DR Routine Section 16 disclosure: open-market purchases reported and form signed by an attorney-in-fact; no derivative activity or sales disclosed.
The Form 4 documents compliance with Section 16 reporting for a director-level reporting person. Purchases were reported with weighted average prices and explanatory ranges, and the form bears a signature by an attorney-in-fact, indicating proper execution. There are no exercised options, grants, dispositions, or plan-designation boxes checked on this filing to suggest other governance events.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 32,500 | $6.26 | $203K |
| Purchase | Common Stock | 30,000 | $6.79 | $204K |
Footnotes (1)
- The purchases reported on this Form 4 represent shares of Common Stock purchased by the Reporting Person. This transaction was executed in multiple trades at prices ranging from $6.69 to $6.90. The price reported above reflects the weighted average purchase price. 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. This number reflects the aggregate amount of Common Stock held by the reporting person. This transaction was executed in multiple trades at prices ranging from $6.15 to $6.39. The price reported above reflects the weighted average purchase price. 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.
