Morais Mark A. 4

What Happened
Mark A. Morais, Chief Operating Officer of Fortrea Holdings Inc. (FTRE), had 4,284 Restricted Stock Units (RSUs) settle into 4,284 shares on March 13, 2026 (conversion of derivative). A portion of the shares was sold in the open market on March 16, 2026 — 1,804 shares were disposed at a weighted average price of $9.22 for total proceeds of $16,633. The sale was a sell-to-cover to satisfy tax withholding obligations and not reported as a discretionary sale.

Key Details

• Transaction dates: RSU settlement/conversion on 2026-03-13; open-market sale on 2026-03-16. Filing date: 2026-03-17. No late filing indicated in this summary.
• Sale details: 1,804 shares sold; weighted average price $9.22; proceeds $16,633. Reported execution prices ranged $9.03–$9.41 (F3).
• RSU settlement: 4,284 RSUs converted to common shares on vesting (F1). The RSUs vest in three substantially equal annual installments beginning March 13, 2025 (F5).
• Reason for sale: Sell-to-cover for tax withholding mandated by issuer election under equity plans (non-discretionary) (F2).
• Shares owned after transaction: Aggregate post-transaction holdings are referenced in the Form 4 filing (not specified here) (F4, F6).

Context
RSU settlement means the derivative (RSU) converted into actual shares at vesting; this is not an options exercise for cash. The reported sale was a routine sell-to-cover to satisfy tax withholding and should not be read as an independent vote of confidence or lack thereof by the insider. For full details (exact post-transaction holdings, trade-by-trade prices), consult the Form 4 filing (Accession: 0001965040-26-000050).