Fortrea Holdings (FTRE) grants CFO new RSU and PSU awards

Rhea-AI Filing Summary

Mcconnell Jill G. reported acquisition or exercise transactions in this Form 4 filing.

Fortrea Holdings Inc. reported new equity awards for its Chief Financial Officer, Jill G. Mcconnell. On March 6, 2026, she received 88,450 Restricted Stock Units, each representing one future share of common stock, bringing her total RSUs to 171,414.

The RSUs vest in three substantially equal annual installments beginning on March 6, 2027. She was also granted 66,667 Performance Stock Units, each tied to one share of common stock and vesting based on the stock reaching specified prices at the end of a three-year performance period.

SEC Form 4

FORM 4

UNITED 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

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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^*

Mcconnell Jill G.

(Last) (First) (Middle)

8 MOORE DRIVE

(Street)

DURHAM NC 27713

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Fortrea Holdings Inc. [ FTRE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	03/06/2026		A		88,450		(2)	(2)	Common Stock	88,450	$0	171,414(3)	D
Performance Stock Units	(4)	03/06/2026		A		66,667		(4)	12/31/2028	Common Stock	66,667	$0	66,667	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. The RSUs vest in three substantially equal annual installments beginning on March 6, 2027.

3. This number reflects the aggregate number of RSUs held by the reporting person.

4. Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of Fortrea Common Stock. The PSUs vest upon the Common Stock achieving specified prices per share at the end of the three-year performance period.

	/s/ Erica Smith-Klocek, Attorney-in-Fact for Jill G. McConnell	03/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did Fortrea (FTRE) disclose for CFO Jill Mcconnell?

Fortrea disclosed equity compensation awards to CFO Jill G. Mcconnell. She received 88,450 Restricted Stock Units and 66,667 Performance Stock Units, both settling in Fortrea common stock, with vesting based on time and future stock price performance conditions.

How many Restricted Stock Units were granted to the Fortrea (FTRE) CFO?

The CFO received 88,450 Restricted Stock Units. Each RSU represents the right to receive one share of Fortrea common stock, vesting in three substantially equal annual installments starting March 6, 2027, aligning compensation with multi-year company performance.

What are the terms of the Performance Stock Units granted by Fortrea (FTRE)?

Fortrea granted 66,667 Performance Stock Units to its CFO. Each PSU can convert into one share of common stock, vesting only if the stock reaches specified prices at the end of a three-year performance period, directly linking value to share price performance.

Did the Fortrea (FTRE) CFO buy or sell any shares in the open market?

The filing shows only grant-type acquisitions of RSUs and PSUs, not open-market trades. The awards were granted at a stated price of $0.0000, reflecting compensation grants rather than purchases or sales in the public market.

What is the CFO’s equity position in Fortrea (FTRE) after these grants?

After the new RSU grant, the CFO holds 171,414 Restricted Stock Units in total. She also holds 66,667 Performance Stock Units, which may convert into an equal number of common shares if the specified stock price and performance conditions are met.