Fortrea Holdings Inc. DEF 14A: Executive Compensation Details
Ticker: FTRE · Form: DEF 14A · Filed: Apr 28, 2025 · CIK: 1965040
| Field | Detail |
|---|---|
| Company | Fortrea Holdings Inc. (FTRE) |
| Form Type | DEF 14A |
| Filed Date | Apr 28, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, stock-awards, sec-filing, DEF14A
TL;DR
Fortrea Holdings Inc. DEF 14A out: exec pay & stock awards detailed for FY24.
AI Summary
Fortrea Holdings Inc. filed a DEF 14A on April 28, 2025, for the fiscal year ending December 31, 2024. The filing details executive compensation and stock awards, including year-end fair values of equity awards granted and outstanding, as well as changes in fair value for awards granted in prior years. It also reports dividends or other earnings paid on equity awards not otherwise reflected in total compensation for the covered year.
Why It Matters
This filing provides crucial transparency into how Fortrea Holdings Inc. compensates its top executives and the value of equity awards, which can influence investor decisions and perceptions of corporate governance.
Risk Assessment
Risk Level: medium — DEF 14A filings are routine disclosures, but the details on executive compensation and equity awards can reveal potential governance issues or significant changes in pay structure.
Key Numbers
- 20250428 — Filing Date (Date the DEF 14A was filed.)
- 20250610 — Period of Report (The period this filing pertains to.)
- 1231 — Fiscal Year End (Fortrea Holdings Inc.'s fiscal year ends on December 31st.)
Key Players & Entities
- Fortrea Holdings Inc. (company) — Filer
- Silver Spinco Inc. (company) — Former Company Name
- 8 MOORE DRIVE (location) — Business and Mailing Address
- DURHAM (location) — City
- NC (location) — State
- 27709 (location) — ZIP Code
FAQ
What was the total compensation reported for the named executive officers in the fiscal year ending December 31, 2023?
The filing indicates that details regarding total compensation for named executive officers for the fiscal year ending December 31, 2023, are included, with specific values to be found within the detailed tables of the DEF 14A.
What is the fair value of equity awards granted to non-PEO members in the covered year 2023?
The filing references 'YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember' for non-PEO members for the period 2023-01-01 to 2023-12-31, indicating these values are detailed within the report.
Were there any changes in the fair value of outstanding equity awards granted in prior years for PEO members in 2023?
Yes, the filing includes data points such as 'ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember' for PEO members for the period 2023-01-01 to 2023-12-31.
What dividends or other earnings were paid on equity awards for PEO members in 2023 that were not reflected in total compensation?
The filing specifies 'DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember' for PEO members for the period 2023-01-01 to 2023-12-31, indicating such details are reported.
When did Fortrea Holdings Inc. change its name from Silver Spinco Inc.?
Fortrea Holdings Inc. changed its name from Silver Spinco Inc. on February 7, 2023.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 28, 2025 regarding Fortrea Holdings Inc. (FTRE).