STOCK TITAN

Fortrea Holdings (FTRE) awards 15,840 RSUs to interim CFO Smith

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Smith David Ross reported acquisition or exercise transactions in this Form 4 filing.

Fortrea Holdings Inc. director and Interim CFO Smith David Ross reported a grant of 15,840 Restricted Stock Units (RSUs) linked to common stock. Each RSU settles into one share. The award vests in full twelve months after August 03, 2026, subject to continued service, bringing his aggregate RSU holdings to 28,692.

Positive

  • None.

Negative

  • None.
Insider Smith David Ross
Role Interim CFO
Type Security Shares Price Value
Grant/Award Restricted Stock Unit F1, F2, F3 15,840 $0.00 $0.00
Holdings After Transaction: Restricted Stock Unit — 28,692 shares (Direct)
Footnotes (3)
  1. F1. Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of Fortrea Holdings Inc. ("Fortrea") common stock ("Common Stock").
  2. F2. Represents a RSU award that vests in its entirety twelve months after August 03, 2026, subject to the Reporting Person's continued service.
  3. F3. This number reflects the aggregate number of RSUs held by the reporting person.
RSUs granted 15,840 RSUs Restricted Stock Units awarded to Smith David Ross with transaction date August 03, 2026
RSUs following transaction 28,692 RSUs Aggregate number of RSUs held by the reporting person after the grant
Vesting period twelve months Award vests in its entirety twelve months after August 03, 2026, subject to continued service
Restricted Stock Unit financial
"Each Restricted Stock Unit represents the right to receive one share of 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.
settlement financial
"Each Restricted Stock Unit represents the right to receive, at settlement, one share"
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.
continued service financial
"Award vests in its entirety twelve months after August 03, 2026, subject to continued service"

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

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FAQ

What insider transaction did Fortrea (FTRE) report for Smith David Ross?

Fortrea (FTRE) reported a grant of 15,840 Restricted Stock Units to director and Interim CFO Smith David Ross. Each RSU represents the right to receive one share of common stock at settlement, increasing his aggregate RSU holdings to 28,692 after the award.

How many Restricted Stock Units were granted to Smith David Ross at Fortrea (FTRE)?

Smith David Ross received a grant of 15,840 Restricted Stock Units (RSUs) from Fortrea. These RSUs are tied to Fortrea common stock and will settle into an equivalent number of shares if and when they vest and are delivered in accordance with the award terms.

When do the RSUs granted to Smith David Ross by Fortrea (FTRE) vest?

The RSU award to Smith David Ross vests in its entirety twelve months after August 03, 2026, subject to his continued service. Full vesting occurs only if he remains in service through that one-year period following the stated August 2026 reference date.

What is Smith David Ross’s total RSU position in Fortrea (FTRE) after this grant?

After the reported grant, Smith David Ross holds an aggregate 28,692 Restricted Stock Units in Fortrea. This figure represents the total number of RSUs beneficially held by him following the new 15,840-unit award disclosed in the Form 4.

Does the Fortrea (FTRE) Form 4 indicate a Rule 10b5-1 trading plan for this RSU grant?

The Form 4 indicates that the Rule 10b5-1 checkbox is not marked as an affirmative plan. The footnotes describe the nature and vesting of the RSUs but do not state that this grant was made pursuant to a Rule 10b5-1 trading arrangement.

Is the RSU grant to Smith David Ross at Fortrea (FTRE) a market purchase or compensation award?

The reported transaction is a grant or award acquisition of RSUs, not a market purchase. It reflects equity-based compensation, with 15,840 RSUs awarded that vest in full twelve months after August 03, 2026, assuming continued service with Fortrea.
SEC Form 4
FORM 4UNITED 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*
Smith David Ross

(Last)(First)(Middle)
8 MOORE DRIVE

(Street)
DURHAM NORTH CAROLINA 27713

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Fortrea Holdings Inc. [ FTRE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Interim CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(1)08/03/2026A15,840 (2) (2)Common Stock15,840$028,692(3)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. Represents a RSU award that vests in its entirety twelve months after August 03, 2026, subject to the Reporting Person's continued service.
3. This number reflects the aggregate number of RSUs held by the reporting person.
/s/ Erica Smith-Klocek, Attorney-in-Fact for David R. Smith08/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)