Fortrea CAO receives 22,893 RSUs grant
Parks Robert reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Parks Robert reported acquisition or exercise transactions in this Form 4 filing.
Fortrea Holdings Inc. reported that Chief Accounting Officer Robert Parks received a grant of 22,893 Restricted Stock Units (RSUs) tied to Fortrea common stock. Each RSU represents one future share, and they vest in three substantially equal annual installments beginning on March 6, 2027. Following this compensation award, Parks holds an aggregate 90,614 RSUs, aligning his incentives with the company’s long-term performance rather than reflecting any open-market stock purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 22,893 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of Fortrea Holdings Inc. ("Fortrea") common stock ("Common Stock").
- F2. The RSUs vest in three substantially equal annual installments beginning on March 6, 2027.
- F3. This number reflects the aggregate number of RSUs held by the reporting person.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Fortrea (FTRE) Chief Accounting Officer Robert Parks report on this Form 4?
Is the Fortrea (FTRE) Form 4 transaction a stock buy or sell by Robert Parks?
How do the new Fortrea (FTRE) RSUs for Robert Parks vest over time?
What is the total Fortrea (FTRE) RSU position held by Robert Parks after this filing?
What does each Fortrea (FTRE) Restricted Stock Unit granted to Robert Parks represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.