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Fortrea Announces Grant of Inducement Awards Under Nasdaq Listing Rule 5635(c)(4) - December 10, 2025

Key Takeaway: Fortrea has announced the granting of 245,000 restricted stock units (RSUs) to two new employees as part of their inducement awards under Nasdaq Listing Rule 5635(c)(4). These RSUs will vest in three equal annual installments starting December 10, 2026, contingent on the employees' continued employment. This move reflects Fortrea's strategy to attract talent and strengthen its workforce.
Price reaction · baseline $15.14 (2025-12-10 close) · hit pre-market · clean, no other FTRE news in the window
day 0 close
+2.7%
day 1
+3.8%
day 3
+5.6%

Market Sentiment Analysis

POSITIVE FACTORS

  • Granting of RSUs indicates company growth and employee investment.
  • Attracting new talent through inducement awards enhances workforce.
  • Compliance with Nasdaq Listing Rule shows commitment to governance.

Full Press Release Details

DURHAM, N.C., Dec. 10, 2025 (GLOBE NEWSWIRE) --Fortrea (Nasdaq: FTRE) (the “Company”), a leading global contract research organization, today announced the granting of an inducement award of restricted stock units (“RSUs”) on December 10, 2025, to two newly hired employees. The award consisted of 245,000 RSUs that vest in three equal annual installments starting December 10, 2026, subject to the employee’s continuous employment through the applicable vesting date. The RSUs are subject to the terms and conditions of the Company’s Amended and Restated 2025 Inducement Award Plan and the award agreements covering the grants. These awards follow Nasdaq Listing Rule 5635(c)(4) and are intended as an inducement material to the individual becoming a new employee of the Company.

About Fortrea

Fortrea (Nasdaq: FTRE) is a leading global provider of clinical development solutions to the life sciences industry. We partner with emerging and large biopharmaceutical, biotechnology, medical device and diagnostic companies to drive healthcare innovation that accelerates life changing therapies to patients. Fortrea provides phase I-IV clinical trial management, clinical pharmacology and consulting services. Fortrea’s solutions leverage three decades of experience spanning more than 20 therapeutic areas, a passion for scientific rigor, exceptional insights and a strong investigator site network. Our talented and diverse team working in about 100 countries is scaled to deliver focused and agile solutions to customers globally. Learn more about how Fortrea is becoming a transformative force from pipeline to patient atFortrea.comand follow us onLinkedInandX(formerly Twitter).

Fortrea Contacts:

Tracy Krumme (Investors) – 984-385-6707,Tracy.Krumme@fortrea.comSue Zaranek (Media) – 919-943-5422,media@fortrea.comKate Dillon (Media) – 646-818-9115,kdillon@prosek.com

Frequently Asked Questions

What are the inducement awards granted by Fortrea?

Fortrea granted 245,000 restricted stock units (RSUs) to two new employees.

When do the RSUs vest for Fortrea employees?

The RSUs vest in three equal annual installments starting December 10, 2026.

What is the purpose of the inducement awards?

The awards are intended to attract new talent to Fortrea.

Which Nasdaq rule does Fortrea follow for these awards?

Fortrea follows Nasdaq Listing Rule 5635(c)(4) for the inducement awards.

Last updated: Dec 11, 2025