Ray Amrit 4
4 · Fortrea Holdings Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Fortrea (FTRE) Director Ray Amrit Receives RSU Settlement & New Award
What Happened Ray Amrit, a director of Fortrea Holdings Inc. (FTRE), had 38,817 restricted stock units (RSUs settle/converted into 38,817 shares) on June 10, 2026 (reported on Form 4), and was granted an additional 12,852 RSUs the same day. The filing lists the exercise/conversion entries at $0.00 (no cash paid) and the new RSU award also at $0.00. These transactions reflect compensation awards/settlements, not open‑market purchases or sales.
Key Details
- Transaction date(s): June 10, 2026; Form 4 filed June 12, 2026 (timely filing).
- Codes: M = exercise/conversion (38,817 RSUs settled into common shares); A = grant/award (12,852 RSUs).
- Prices/values: $0.00 per share reported (typical for RSU settlement; no cash exchanged).
- Shares owned after transaction: aggregate holdings are referenced in the filing footnotes (see F2/F6); exact post‑transaction totals are not specified in the summary text provided.
- Footnotes: F1/F4 define each RSU as the right to one share at settlement; F3 notes the 38,817 RSU award vested in full on June 10, 2026; F5 notes the 12,852 RSU award vests 12 months after June 10, 2026 subject to continued service.
- No indication of special plans (e.g., 10b5‑1) or tax‑withholding share disposals in the provided footnotes.
Context These entries are routine equity compensation actions: settled RSUs converting to shares (a neutral event for sentiment) and a time‑vested RSU grant that vests in 12 months. Because no open‑market purchase or sale occurred, these transactions should be viewed as compensation-related rather than a direct buy/sell signal.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1][F2]2026-06-10+38,817→ 52,453 total - Exercise/Conversion
Restricted Stock Unit
[F1][F3]2026-06-10−38,817→ 0 total→ Common Stock (38,817 underlying) - Award
Restricted Stock Unit
[F4][F5][F6]2026-06-10+12,852→ 12,852 total→ Common Stock (12,852 underlying)
Footnotes (6)
- [F1]Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of Fortrea Holdings Inc. ("Fortrea") common stock ("Common Stock"). This transaction represents the settlement of RSUs into Common Stock on their scheduled vesting date.
- [F2]This number reflects the aggregate amount of Common Stock held by the reporting person.
- [F3]Represents an RSU award that vested in its entirety on June 10, 2026.
- [F4]Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of Fortrea Holdings Inc. ("Fortrea") common stock ("Common Stock").
- [F5]Represents a RSU award that vests in its entirety twelve months after June 10, 2026, subject to the Reporting Person's continued service as a director.
- [F6]This number reflects the aggregate number of RSUs held by the reporting person.