Form 4: Fortrea Holdings CEO Peter Neupert Reports Stock Transactions
SEC Form 4 Filing
Fortrea Holdings CEO Peter Neupert reports the settlement of Restricted Stock Units (RSUs) into common stock and the acquisition of additional RSUs.
Summary
- On May 14, 2025, Peter Neupert, CEO of Fortrea Holdings Inc., settled 7,282 Restricted Stock Units (RSUs) into common stock at a price of $0.
- Following this transaction, Neupert directly owns 35,632 shares of Fortrea common stock.
- Neupert also acquired 148,536 new RSUs, which will vest in their entirety twelve months after May 14, 2025, subject to continued service.
- After the reported transactions, Neupert holds 148,536 RSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
The newly acquired RSUs will vest twelve months after May 14, 2025, subject to the Reporting Person's continued service.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the executive's holdings and alignment with shareholder interests.
Stakeholder Impact
- The transactions reflect the CEO's compensation structure and alignment with shareholder value.
- The vesting of RSUs incentivizes the CEO to remain with the company and contribute to its long-term success.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of RSU settlement and acquisition |
| 05/16/2025 | Date of Form 4 filing |
Keywords
Fortrea Holdings Inc., Peter Neupert, RSU, Restricted Stock Unit, Common Stock, Form 4, SEC, Beneficial Ownership, Insider Trading
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