Fortrea (FTRE) CAO Robert Parks Sells 2,000 Shares

What Happened

• Robert Parks, Chief Accounting Officer of Fortrea Holdings Inc. (FTRE), reported an open-market sale of 2,000 shares of common stock on 2026-05-18.
• The shares were sold at $13.44 per share for total proceeds of $26,880. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: 2026-05-18; Filing date: 2026-05-20 (Form 4 accession 0001965040-26-000062).
• Price per share: $13.44; Shares sold: 2,000; Total proceeds: $26,880.
• Shares owned after transaction: not specified in the body of the filing; Footnote F2 states the reported number reflects the aggregate amount of Common Stock held by the reporting person.
• Relevant footnotes: F1 confirms the sale involved shares of Common Stock; F2 references aggregate holdings. Exhibit noted: Exhibit 21 — Power of Attorney.
• Filing timeliness: The Form 4 was filed two days after the transaction (within the typical 2-business-day reporting window), indicating a timely report.

Context

• This was a straightforward sale of existing shares. Sales by insiders can be routine (e.g., diversification or liquidity needs) and do not by themselves indicate company performance. No option exercise, gift, or tax-withholding event was reported in this filing.