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Fortrea (FTRE) director Erin L. Russell logs RSU vesting and new 12,852-unit grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Russell Erin L reported acquisition or exercise transactions in this Form 4 filing.

Fortrea Holdings Inc. director Erin L. Russell reported routine equity compensation activity involving restricted stock units. On June 10, 2026, 38,817 RSUs vested and were settled into the same number of shares of common stock, increasing her direct common share holdings to 72,617 shares.

On the same date, Russell received a new grant of 12,852 RSUs, each representing one share of common stock upon settlement. This RSU award vests in full twelve months after June 10, 2026, contingent on her continued service as a director.

Positive

  • None.

Negative

  • None.
Insider Russell Erin L
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 — 72,617 shares (Direct, null)
Footnotes (1)
  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 a 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.
RSUs vested 38,817 units RSU award settled into common stock on June 10, 2026
Common shares after vesting 72,617 shares Direct Fortrea common stock held after June 10, 2026 settlement
New RSU grant 12,852 units RSU award granted June 10, 2026 to Erin L. Russell
RSUs outstanding 12,852 units Aggregate RSUs held by reporting person after the grant
Exercise transactions 1 exercise, 38,817 shares Derivative exercise/conversion count and shares from transactionSummary
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.
derivative security financial
"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.
vesting date financial
"This transaction represents the settlement of RSUs into Common Stock on their scheduled vesting date."
aggregate amount of Common Stock financial
"This number reflects the aggregate amount of Common Stock held by the reporting person."
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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*
Russell Erin L

(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
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
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
Common Stock06/10/2026M38,817A$0(1)72,617(2)D
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)06/10/2026M38,817 (3) (3)Common Stock38,817$00D
Restricted Stock Unit(4)06/10/2026A12,852 (5) (5)Common Stock12,852$012,852(6)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"). This transaction represents the settlement of RSUs into Common Stock on their scheduled vesting date.
2. This number reflects the aggregate amount of Common Stock held by the reporting person.
3. Represents a RSU award that vested in its entirety on June 10, 2026.
4. Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of Fortrea Holdings Inc. ("Fortrea") common stock ("Common Stock").
5. 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.
6. This number reflects the aggregate number of RSUs held by the reporting person.
/s/ Erica Smith-Klocek, Attorney-in-Fact for Erin L. Russell06/12/2026
** 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)

FAQ

What insider transactions did Fortrea (FTRE) director Erin L. Russell report?

Erin L. Russell reported equity compensation transactions only. 38,817 restricted stock units vested into common shares, and she received a new grant of 12,852 restricted stock units, all recorded as direct holdings with no open-market trades disclosed.

How many Fortrea (FTRE) common shares does Erin L. Russell now hold?

After the June 10, 2026 transactions, Erin L. Russell directly holds 72,617 shares of Fortrea common stock. This figure reflects the settlement of 38,817 vested restricted stock units into common shares, as noted in the Form 4 footnotes.

What are the details of the new RSU grant to Fortrea (FTRE) director Erin L. Russell?

Erin L. Russell received a grant of 12,852 restricted stock units on June 10, 2026. Each RSU represents one share of Fortrea common stock and vests in full twelve months after that date, subject to her continued service as a director.

Did the Fortrea (FTRE) Form 4 show any stock sales by Erin L. Russell?

The Form 4 reports no open-market purchases or sales. All transactions are classified as RSU vesting and a new RSU grant, with derivative exercises converting units into common stock and no sale codes or tax-withholding dispositions indicated.

How many restricted stock units does Fortrea (FTRE) director Erin L. Russell hold after the filing?

Following the June 10, 2026 grant and vesting, Erin L. Russell holds 12,852 restricted stock units. These RSUs each correspond to one future share of Fortrea common stock, and the award vests in its entirety twelve months after the grant date.