Markets.News
Fortrea, a prominent global contract research organization traded on Nasdaq under the ticker symbol FTRE, announced on September 12, 2025, the granting of an inducement award to a newly hired employee. The award comprises 75,000 restricted stock units (RSUs) that will vest in three equal annual portions beginning September 12, 2026, contingent upon the employee's continuous tenure with the company until each vesting date. The RSUs are governed by Fortrea's Amended and Restated 2025 Inducement Award Plan and the respective award agreements. This action aligns with Nasdaq Listing Rule 5635(c)(4) and serves as a significant inducement for the individual to join the company.