Fortrea (FTRE) director David Ross Smith gets 6,598 RSU tax true-up shares

Rhea-AI Filing Summary

Fortrea Holdings Inc. director David Ross Smith reported acquiring 6,598 shares of common stock on July 20, 2026 through the settlement of previously reported Restricted Stock Units (RSUs). The additional shares represent a tax “true up” after initial shares were withheld to satisfy tax withholding requirements when the RSUs vested on June 10, 2026.

Following this transaction, Smith directly holds an aggregate of 36,715 shares of Fortrea common stock. The transaction was not reported as being conducted under a Rule 10b5-1 trading plan.

Insider Trade Summary

Net Buyer: 6,598 shares

Net Buy 1 txn

Insider Smith David Ross

Role Director

Type	Security	Shares	Price	Value
Exercise	Common Stock F1, F2	6,598	$0.00	$0.00

Holdings After Transaction: Common Stock — 36,715 shares (Direct)

Footnotes (2)

1. F1. The Shares are the result of the settlement of Restricted Stock Units ("RSUs"), which vested on June 10, 2026 and were reported on June 12, 2026 ("Initial Form 4"). As previously reported in the Initial Form 4, an initial number of shares were withheld at settlement to satisfy tax withholding requirements on the vesting of the RSUs. The Company has issued the additional shares reported herein to the Reporting Person to true up for the actual amount of tax withholding.
2. F2. This number reflects the aggregate amount of Common Stock held by the reporting person.

Key Figures

Shares acquired: 6,598 shares Post-transaction holdings: 36,715 shares RSU vesting date: June 10, 2026 +1 more

4 metrics

Shares acquired 6,598 shares Additional common shares issued via RSU settlement tax true-up on July 20, 2026

Post-transaction holdings 36,715 shares Aggregate amount of Fortrea common stock held directly by David Ross Smith after the transaction

RSU vesting date June 10, 2026 Date on which the RSUs that generated these shares vested

Initial Form 4 report date June 12, 2026 Date when the original RSU vesting and initial tax withholding settlement were reported

Key Terms

Restricted Stock Units, tax withholding requirements, true up, aggregate amount of Common Stock

4 terms

Restricted Stock Units financial

"The Shares are the result of the settlement of Restricted Stock Units ("RSUs"), which vested"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax withholding requirements financial

"shares were withheld at settlement to satisfy tax withholding requirements on the vesting of the RSUs"

true up financial

"issued the additional shares reported herein to the Reporting Person to true up for the actual"

A true up is an adjustment made to reconcile a previously estimated or provisional amount with the actual final figure, such as final costs, taxes, or share counts. For investors it matters because true-ups can create one-time charges or credits that change reported earnings, cash flow, or liabilities and may affect valuation and future forecasts; think of it like balancing a bank statement to correct earlier estimates.

aggregate amount of Common Stock financial

"This number reflects the aggregate amount of Common Stock held by the reporting person"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/27/2026 - 07:52 AM Accepted by SEC EDGAR 07/27/2026 - 07:52 AM Learn about SEC filing dates

FAQ

What insider transaction did Fortrea (FTRE) director David Ross Smith report?

Director David Ross Smith reported acquiring 6,598 shares of Fortrea common stock. These shares came from the settlement of previously reported RSUs, issued as a tax withholding true-up rather than an open-market purchase.

How many Fortrea (FTRE) shares does David Ross Smith hold after this Form 4?

After the reported transaction, David Ross Smith directly holds 36,715 shares of Fortrea common stock. This figure reflects the updated aggregate ownership following the RSU-related tax withholding true-up on July 20, 2026.

Was the Fortrea (FTRE) insider transaction by David Ross Smith under a Rule 10b5-1 plan?

No, the transaction was not indicated as being under a Rule 10b5-1 trading plan. The shares were issued as part of an RSU settlement tax withholding adjustment, rather than pursuant to a pre-arranged trading plan.

What is the nature of the 6,598 Fortrea (FTRE) shares acquired by David Ross Smith?

The 6,598 shares represent additional settlement shares from vested Restricted Stock Units. They were issued to “true up” for the actual tax withholding amount after an initial number of shares had been withheld for taxes.

When did the RSUs related to David Ross Smith’s Fortrea (FTRE) shares vest?

The RSUs vested on June 10, 2026. An initial settlement, including tax withholding share reductions, was reported on June 12, 2026, with this Form 4 reflecting additional shares issued to adjust for actual tax withholding.

Did David Ross Smith buy or sell Fortrea (FTRE) shares on the market in this Form 4?

He did not report a market buy or sell. The Form 4 shows an acquisition of shares via RSU settlement true-up, not an open-market transaction, and does not disclose any sales or purchases on an exchange.

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^*

Smith David Ross

(Last) (First) (Middle)

8 MOORE DRIVE

(Street)

DURHAM NORTH CAROLINA 27713

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/20/2026

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

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

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

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
Common Stock	07/20/2026		M		6,598	A	$0(1)	36,715(2)	D

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

Explanation of Responses:

1. The Shares are the result of the settlement of Restricted Stock Units ("RSUs"), which vested on June 10, 2026 and were reported on June 12, 2026 ("Initial Form 4"). As previously reported in the Initial Form 4, an initial number of shares were withheld at settlement to satisfy tax withholding requirements on the vesting of the RSUs. The Company has issued the additional shares reported herein to the Reporting Person to true up for the actual amount of tax withholding.

2. This number reflects the aggregate amount of Common Stock held by the reporting person.

	/s/ Erica Smith-Klocek, Attorney-in-Fact for David R. Smith	07/27/2026
	** 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.
* Form 4: SEC 1474 (03-26)