Fortrea Holdings Inc. filings document the public-company disclosures of a Nasdaq-listed contract research organization. The company’s 8-K reports furnish operating results and financial condition updates, including revenue, profitability measures, book-to-bill metrics, guidance and related press release exhibits.
Fortrea’s regulatory filings also cover proxy governance, annual meeting matters, board composition, executive compensation and inducement award plans. Capital-structure disclosures include common stock, rights to purchase Series A preferred stock, senior secured notes activity and other debt or equity matters tied to the company’s clinical development services business.
FTRE reports a planned sale of restricted stock under Rule 144. A holder intends to sell up to 9,700 shares of common stock through Fidelity Brokerage Services LLC on the NASDAQ, with an indicated aggregate market value of $174,697. The notice also lists prior restricted stock vesting events used as compensation, involving 7,282 shares on May 14, 2025 and 2,418 shares on June 10, 2026.
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.
Fortrea Holdings Inc. reports that Chief Financial Officer Jason Fredrick Knoblauch beneficially owns 275 shares of Common Stock directly as of July 6, 2026. No purchases or sales are reported; this disclosure simply records his existing direct ownership position.
Fortrea Holdings Inc. outlines senior finance leadership changes and related compensation. Chief Accounting Officer Robert A. Parks plans to resign effective August 7, 2026 to pursue an opportunity outside the contract research organization industry; the company states his decision is not due to any disagreement over operations or accounting practices. Vice President of Accounting Carrie Russell will become interim principal accounting officer and interim Chief Accounting Officer on that date, receiving a $20,000 one-time cash bonus and an additional $10,000 per month during her interim service.
The company also details the transition for departing Chief Financial Officer Jill McConnell. She will remain employed through September 8, 2026 with existing pay, benefits, and continued equity vesting. If she remains through the transition, she is eligible for severance totaling $1,017,500, paid in two equal installments, plus up to 12 months of company-paid COBRA premiums and continued vesting of restricted stock units during a consulting period through March 8, 2027.
Fortrea Holdings Inc. announced a planned chief financial officer transition. Jason F. Knoblauch will become CFO and principal financial officer on July 6, 2026, succeeding Jill McConnell, who will remain for a transition period and is not leaving due to any disagreement on financial reporting or controls.
Knoblauch’s offer includes a $570,000 base salary, a target annual bonus equal to 85% of salary, and a $1,250,000 cash inducement award. He will also receive employment inducement equity awards with grant date fair values of about $2.3 million in restricted stock units and $1.7 million in performance stock units, capped at an aggregate of 400,000 shares, plus future long-term incentive grants starting with a $2 million award in the 2028 cycle.
The company reiterated its 2026 financial guidance, targeting revenues between $2,550 million and $2,650 million and adjusted EBITDA between $190 million and $220 million, underscoring that the leadership change does not alter its current financial outlook.
Fortrea Holdings Inc. director Machelle Sanders increased her equity stake through routine equity compensation activity. She exercised 38,817 Restricted Stock Units (RSUs) into the same number of Common Stock shares and now directly holds 46,099 Common Stock shares. She also received a new grant of 12,852 RSUs that will convert into Common Stock after a one-year vesting period, contingent on continued board service.
Fortrea Holdings Inc. director David Ross Smith reported routine equity compensation activity involving Restricted Stock Units (RSUs) and common stock. On June 10, 2026, an RSU award for 38,817 units vested and settled into an equal number of common shares. Fortrea withheld 18,244 shares of common stock to cover tax obligations on the vesting, a non‑market disposition. Following these transactions, Smith directly held 30,117 shares of Fortrea common stock. He also received a new grant of 12,852 RSUs, which, according to the disclosure, will vest in full twelve months after June 10, 2026, subject to his continued service as a director, leaving him with 12,852 RSUs outstanding.