Mcconnell Jill G. 4

What Happened

• Jill G. McConnell, Chief Financial Officer of Fortrea Holdings Inc. (FTRE), had 15,283 Restricted Stock Units (RSUs vest and settle into common stock) on March 9, 2026. The RSUs were converted to 15,283 shares (acquired at $0.00).
• To satisfy tax withholding on the RSU vesting, McConnell sold 2,530 shares on March 10 at a weighted average price of $8.93 for $22,593, and 2,531 shares on March 10 at a weighted average price of $9.21 for $23,311 — total proceeds about $45,904. These were mandated "sell-to-cover" transactions, not discretionary stock sales.

Key Details

• Transaction dates: RSU settlement recorded March 9, 2026; sell-to-cover trades executed March 10, 2026. Form filed March 11, 2026 (appears timely).
• Specifics: 15,283 RSUs settled into 15,283 shares (acquired at $0.00). Sales: 2,530 @ $8.93 ($22,593) and 2,531 @ $9.21 ($23,311). Total sold ≈ 5,061 shares for ≈ $45,904.
• Footnotes: F1/F6 — RSUs represent one share per unit and vested March 7, 2026 (next installment vests March 7, 2027). F2 — sales were required to cover tax withholding (sell-to-cover). F3/F5 — each sale was executed in multiple trades; reported prices are weighted averages. F4/F7 — the filing references aggregate holdings and RSU balances (see form footnotes for exact totals).
• Filing timeliness: Report filed 2026-03-11 for transactions March 9–10, 2026 (no late filing indicated).

Context

• This was not a discretionary sale indicating a view on the stock; it was a routine sell-to-cover to satisfy tax withholding obligations tied to RSU vesting.
• For retail investors, buy transactions or discretionary sales can be more informative about insider sentiment; forced or tax-related sales (like this) are routine administrative events.