ESOPJun 10, 2026, 04:16 PM
Fortrea Grants 240,500 RSUs to 10 New Employees
AI Summary
Fortrea Holdings Inc. announced the grant of 240,500 restricted stock units (RSUs) to 10 newly hired employees on June 10, 2026. These inducement awards, which vest in three equal annual installments starting June 10, 2027, are subject to continuous employment and comply with Nasdaq Listing Rule 5635(c)(4). The grants are part of the Company's Amended and Restated 2025 Inducement Award Plan, aimed at attracting new talent.
Key Highlights
- Fortrea granted 240,500 restricted stock units (RSUs).
- The RSUs were awarded to 10 newly hired employees.
- The awards were granted on June 10, 2026.
- RSUs vest in three equal annual installments.
- Vesting begins on June 10, 2027.
- Awards are subject to continuous employment.
- Grants comply with Nasdaq Listing Rule 5635(c)(4).
- Awards are under the 2025 Inducement Award Plan.
Price Impact
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