Fortrea (FTRE) director Erin L. Russell logs RSU vesting and new 12,852-unit grant
Filing Impact
Filing Sentiment
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 Trade Summary
38,817 shares exercised/converted
Mixed
3 txns
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)
- 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.
Key Figures
RSUs vested: 38,817 units
Common shares after vesting: 72,617 shares
New RSU grant: 12,852 units
+2 more
5 metrics
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
Key Terms
Restricted Stock Unit, derivative security, vesting date, aggregate amount of Common Stock
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.
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."
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.
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.