NEUPERT PETER M 4
Research Summary
AI-generated summary
Fortrea (FTRE) Director Peter M. Neupert Receives RSU Award
What Happened
- Peter M. Neupert, a director of Fortrea Holdings, was granted 12,852 restricted stock units (RSUs) on June 10, 2026. The report lists the acquisition price as $0.00 because this was an equity award (derivative), not a cash purchase. Each RSU represents the right to receive one share of Fortrea common stock at settlement.
Key Details
- Transaction date: 2026-06-10; Filing date (Form 4): 2026-06-12.
- Transaction type/code: Award/Grant (A); amount: 12,852 RSUs; reported price: $0.00.
- Vesting: The RSUs vest in full 12 months after June 10, 2026, subject to continued service (footnote).
- Shares held after transaction: the filing indicates an aggregate holding of 12,852 RSUs for the reporting person.
- Footnotes: F1—each RSU equals one share at settlement; F2—vesting in its entirety 12 months after grant if service continues; F3—number shown is the aggregate RSUs held.
- Timeliness: Form 4 was filed two days after the transaction (generally within the Section 16 reporting window).
Context
- This is a compensatory equity award to a director, not an open-market purchase or sale, so it reflects compensation practices rather than a direct buy/sell signal. RSUs convert to stock at settlement and are typically taxable when they vest or are settled.