Categories: Health

Fortrea Announces Grant of Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)

 | Source: Fortrea Holdings Inc

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 at Fortrea.com and follow us on LinkedIn and X (formerly Twitter).

Fortrea Contacts:

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

GlobeNews Wire

Recent Posts

WSPN and ArrivalX Partner to Unlock Next-Generation Cross-Border Payments

TORTOLA, British Virgin Islands, Dec. 11, 2025 /PRNewswire/ -- Worldwide Stablecoin Payment Network (WSPN), a leading…

17 minutes ago

BrowserStack Announces Availability of MCP Server in AWS Marketplace

DUBLIN, Dec. 10, 2025 /PRNewswire/ -- BrowserStack, the world's leading software testing platform, announced today…

17 minutes ago

MediPharm Labs Announces Board of Directors Changes: Shelley Potts Steps Down, Michael Bumby Returns

TORONTO, Dec. 10, 2025 (GLOBE NEWSWIRE) -- MediPharm Labs Corp. (TSX: LABS) (OTCQB: MEDIF) (FSE:…

1 hour ago

FitLine x Paris Basketball: Performance and Results at the Highest Level

LUXEMBOURG and PARIS, Dec. 10, 2025 /PRNewswire/ -- FitLine is proud to announce a new…

1 hour ago

NYSE Content Advisory: Pre-Market Update + Magnum is World’s Largest Ice Cream Business after Spinoff

NEW YORK, Dec. 10, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a…

1 hour ago

Tenant and Domestic Help Verification Emerges as a Vital Safety Practice Across Indian Families, Landlords and Brokers

Verification has become an important conversation across Indian cities as more households, landlords, and community…

3 hours ago