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Fortrea (FTRE) CAO awarded 22,893 RSUs, boosting total to 90,614

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

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.

Positive

  • None.

Negative

  • None.
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
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*
Parks Robert

(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 Accounting 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 22,893 (2) (2) Common Stock 22,893 $0 90,614(3) 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.
/s/ Erica Smith-Klocek, Attorney-in-Fact for Robert Parks 03/10/2026
** Signature of Reporting Person Date
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.

FAQ

What did Fortrea (FTRE) Chief Accounting Officer Robert Parks report on this Form 4?

Robert Parks reported receiving a grant of 22,893 Restricted Stock Units. These RSUs are a form of equity compensation that convert into Fortrea common shares at settlement, increasing his total RSU holdings to 90,614 units after the grant.

Is the Fortrea (FTRE) Form 4 transaction a stock buy or sell by Robert Parks?

The Form 4 shows an RSU grant, not an open-market buy or sell. The 22,893 Restricted Stock Units were awarded as compensation at a price of $0.0000, so no cash stock purchase or sale occurred in the market.

How do the new Fortrea (FTRE) RSUs for Robert Parks vest over time?

The 22,893 RSUs vest in three substantially equal annual installments. Vesting begins on March 6, 2027, meaning portions of the award will become earned each year, encouraging longer-term alignment with Fortrea’s performance and employee retention.

What is the total Fortrea (FTRE) RSU position held by Robert Parks after this filing?

After the reported RSU grant, Robert Parks holds an aggregate 90,614 Restricted Stock Units. This total reflects all RSUs currently credited to him, as stated, and indicates a meaningful equity-linked component in his overall compensation package at Fortrea.

What does each Fortrea (FTRE) Restricted Stock Unit granted to Robert Parks represent?

Each Restricted Stock Unit represents the right to receive one share of Fortrea common stock at settlement. This means the 22,893 RSUs could ultimately convert into 22,893 shares, subject to the vesting schedule and other standard conditions described in the award.
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