Parks Robert 4

What Happened

• Robert Parks, Chief Accounting Officer of Fortrea Holdings Inc. (FTRE), received a grant of 22,893 restricted stock units (RSUs) on March 6, 2026. The RSUs were reported as acquired at $0.00 (award/derivative), meaning no cash was paid for the grant. RSUs represent the right to receive one share of Fortrea common stock at settlement.

Key Details

• Transaction date and code: 2026-03-06, code A (award/grant).
• Reported acquisition: 22,893 RSUs at $0.00 (derivative award).
• Shares/units held after transaction: 22,893 RSUs (aggregate reported for the insider).
• Vesting: RSUs vest in three substantially equal annual installments beginning March 6, 2027 (per filing footnote).
• Filing: Form 4 filed March 10, 2026; appears to be filed within the required reporting window.

Context

• RSUs are not an immediate market purchase or sale; they convert to shares upon vesting/settlement and are often used for long-term retention. This award does not by itself indicate a buy/sell signal in the market.