Form 4 for FTRE Fortrea Holdings Inc.
Accepted 2024-06-03 00:00:00 ET · period of report 2024-06-03 · accession 0001127602-24-017400 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-06-03 | 2024-06-03 | FTRE | Mcconnell Jill G. | CFO | F - Tax | $24.85 | -4,835 | 26.9K | -15% | -$120.1K |
| D | 2024-06-03 | 2024-06-03 | FTRE | Mcconnell Jill G. | CFO | M - OptEx | $0.00 | +11.0K | 31.7K | +53% | $0 |
| D | 2024-06-03 | 2024-06-03 | FTRE | Mcconnell Jill G. | CFO | M - OptEx | $0.00 | -11.0K | 75.8K | -13% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-06-03 | F | D | 4,835 | $24.85 | 26,882 | D | — | — | (F2) Shares withheld by Fortrea to satisfy tax withholding requirements on vesting of RSUs. (F3) This number reflects the aggregate amount of Common Stock held by the reporting person. |
| 2 | Common | Common Stock | 2024-06-03 | M | A | 11,000 | $0.00 | 31,717 | D | — | — | (F1) Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of Fortrea Holdings Inc. Common Stock. |
| 3 | Derivative | Restricted Stock Unit | 2024-06-03 | M | D | 11,000 | $0.00 | 75,750 | D | — · — to — | 11,000 Common Stock | (F5) This number reflects the aggregate number of RSUs held by the reporting person. (F1) Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of Fortrea Holdings Inc. Common Stock. (F4) In connection with the spin-off of Fortrea by Laboratory Corporation of America Holdings ("Labcorp"), RSUs granted by Labcorp were converted into time-vesting RSUs of Fortrea pursuant to the terms of the Employee Matters Agreement. These RSUs vested on June 1, 2024. |