Pesicka Edward A 4

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.