4//SEC Filing
Pike Thomas 4
Accession 0001127602-24-001231
CIK 0001965040other
Filed
Jan 10, 7:00 PM ET
Accepted
Jan 11, 6:12 PM ET
Size
12.7 KB
Accession
0001127602-24-001231
Insider Transaction Report
Form 4
Pike Thomas
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2024-01-09−40,220→ 457,522 total→ Common Stock (40,220 underlying) - Exercise/Conversion
Common Stock
2024-01-09+40,220→ 60,220 total - Tax Payment
Common Stock
2024-01-09$32.35/sh−12,393$400,914→ 47,827 total
Footnotes (5)
- [F1]Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of Fortrea Holdings Inc. ("Fortrea") Common Stock. This transaction represents the settlement of RSUs in shares of Common Stock on their scheduled vesting date.
- [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.
- [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. An annual installment of the RSUs vested on January 9, 2024.
- [F5]This number reflects the aggregate number of RSUs held by the reporting person.
Issuer
Fortrea Holdings Inc.
CIK 0001965040
Entity typeother
Related Parties
1- filerCIK 0001471570
Filing Metadata
- Form type
- 4
- Filed
- Jan 10, 7:00 PM ET
- Accepted
- Jan 11, 6:12 PM ET
- Size
- 12.7 KB