Form 4: Fortrea Holdings Inc. Officer Reports Stock Transactions
SEC Form 4 Filing
Amanda M. Warren, Chief Accounting Officer of Fortrea Holdings Inc., reports the vesting and subsequent tax withholding of restricted stock units.
Summary
- On June 3, 2024, Amanda M. Warren, Chief Accounting Officer of Fortrea Holdings Inc., reported transactions involving common stock and restricted stock units (RSUs).
- 3,842 RSUs vested and were converted into common stock.
- 1,113 shares were withheld by Fortrea to satisfy tax obligations at a price of $24.85 per share.
- Following these transactions, Warren directly owns 5,298 shares of common stock and 14,983 RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares, but the effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| June 30, 2023 | Date of execution of Power of Attorney. |
| June 1, 2024 | RSUs vested. |
| June 3, 2024 | Date of reported transactions (RSU vesting and tax withholding). |
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