Pesicka Edward A 4
4 · Fortrea Holdings Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Fortrea (FTRE) Director Edward Pesicka Receives RSUs Settled into 38,817 Shares
What Happened
Edward A. Pesicka, a director of Fortrea Holdings, reported the settlement of restricted stock units (RSUs) on June 10, 2026. The filing shows 38,817 RSUs converted/settled into common stock (reported as a derivative conversion/exercise, code M) and a contemporaneous derivative disposition for 38,817 units. In addition, Pesicka received a new RSU award of 12,852 units (code A) that vests in full 12 months after June 10, 2026. All transactions are reported at a $0.00 per-share acquisition price in the Form 4 (standard for RSU settlements).
Key Details
- Transaction date: June 10, 2026 (Form 4 filed June 12, 2026 — appears timely).
- Codes: M = conversion/settlement of derivative (38,817 shares acquired and 38,817 derivative units disposed); A = grant/award of 12,852 RSUs (vests in 12 months).
- Reported price: $0.00 per share for the RSU settlement/award (typical reporting convention).
- Footnotes: F1/F4 — each RSU converts to one share at settlement; F3 — one RSU award vested in full on June 10, 2026; F5 — the 12,852 RSU award vests 12 months after June 10, 2026, subject to continued service; F2/F6 — the filing reports aggregate holdings but the specific totals are not included in the excerpt provided.
- No open-market purchase or sale of common stock is reported in this filing (this is an RSU settlement/award event, not a market trade).
Context
RSU settlements and new RSU grants are compensation events, not open-market bets by the insider. The M-coded entries here reflect conversion/settlement of derivative awards into underlying shares; the simultaneous disposition line often accompanies such settlements in Form 4 reporting mechanics. The new 12,852 RSUs remain subject to future vesting and continued service requirements, so they do not represent immediately tradable shares.
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.