Form 4: Fortrea Holdings Inc. Director R. Andrew Eckert Reports Stock Transaction
SEC Filing
Director R. Andrew Eckert of Fortrea Holdings Inc. reports the vesting of restricted stock units and subsequent ownership of common stock.
Summary
- On July 18, 2024, R. Andrew Eckert, a director of Fortrea Holdings Inc., had 6,354 Restricted Stock Units (RSUs) vest.
- Each RSU represents the right to receive one share of Fortrea Holdings Inc. Common Stock.
- Following the transaction, Eckert directly owns 6,354 shares of Common Stock and 7,282 RSUs.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding stock transactions, indicating a neutral 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 may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| June 1, 2023 | Power of Attorney executed by R. Andrew Eckert. |
| July 18, 2024 | Restricted Stock Units vested. |
| July 19, 2024 | Date of Form 4 signature. |
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