Form 4: Fortrea Holdings Inc. Director, Amrit Ray, Reports Stock Transaction
SEC Form 4 Filing
Director Amrit Ray reports the vesting and acquisition of 6,354 shares of Fortrea Holdings Inc. common stock on July 18, 2024, through the vesting of Restricted Stock Units (RSUs).
Summary
- On July 18, 2024, Amrit Ray, a director of Fortrea Holdings Inc., acquired 6,354 shares of common stock.
- This acquisition resulted from the vesting of 6,354 Restricted Stock Units (RSUs).
- Following the transaction, Ray directly holds 6,354 shares of common stock and 7,282 RSUs.
Sentiment
Score: 5
Explanation: This is a neutral report of a standard transaction. It doesn't indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| June 1, 2023 | Date of execution of Power of Attorney. |
| July 18, 2024 | Date of transaction: vesting of Restricted Stock Units and acquisition of common stock. |
| July 19, 2024 | Date of signature of the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.