Fortrea Holdings (FTRE) grants CFO new RSU and PSU awards
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Mcconnell Jill G.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 88,450 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 66,667 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 171,414 shares (Direct);
Performance Stock Units — 66,667 shares (Direct)
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"). The RSUs vest in three substantially equal annual installments beginning on March 6, 2027. This number reflects the aggregate number of RSUs held by the reporting person. 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.
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.
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.