Ray Amrit 4

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.