Form 4 for FTRE Fortrea Holdings Inc.
Accepted 2024-08-20 00:00:00 ET · period of report 2024-08-19 · accession 0001127602-24-022655 · 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 | 2024-08-20 | 2024-08-19 | FTRE | Pike Thomas | CEO, Dir | F - Tax | $22.39 | -52.6K | 130.9K | -29% | -$1.18M |
| D | 2024-08-20 | 2024-08-19 | FTRE | Pike Thomas | CEO, Dir | M - OptEx | $0.00 | +125.7K | 183.5K | +217% | $0 |
| D | 2024-08-20 | 2024-08-19 | FTRE | Pike Thomas | CEO, Dir | M - OptEx | $0.00 | -125.7K | 331.8K | -27% | $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 | 2024-08-19 | F | D | 52,602 | $22.39 | 130,916 | 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 | 2024-08-19 | M | A | 125,691 | $0.00 | 183,518 | D | — | — | (F1) Each Restricted Stock Unit ("RSU") represents the contingent right to receive, at settlement, one share of Fortrea Holdings Inc. ("Fortrea") Common Stock. This transaction represents the settlement of RSUs of Common Stock on their scheduled vesting date. |
| 3 | Derivative | Restricted Stock Unit | 2024-08-19 | M | D | 125,691 | $0.00 | 331,831 | D | — · — to — | 125,691 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, at settlement, one share of Fortrea Holdings Inc. ("Fortrea") Common Stock. This transaction represents the settlement of RSUs of Common Stock on their scheduled vesting date. (F4) The first installment of RSU's vested on August 17, 2024. The second installment will vest on the second anniversary of the date of grant, and the third and final installment will vest on the third anniversary of Mr. Pike's original hiring date. |