Fortrea stockholders approve incentive plan with 6.5 million more shares
At its June 10, 2025 annual meeting, Fortrea stockholders approved an amended and restated 2023 Omnibus Incentive Plan that adds 6,500,000 shares, requires minimum vesting periods, bars dividend payments until awards vest, and eliminates liberal share recycling for full-value awards. Stockholders also elected three Class II directors, ratified Deloitte & Touche LLP as auditor for 2025, and approved an advisory vote on executive compensation, so the changes affect how shares are issued under the plan.
Key points
- Plan amendment approved with 67,787,664 votes for, 3,586,743 against, 161,212 abstained and 11,353,040 broker non-votes
- Erin L. Russell received 68,271,971 votes for; Dr. Amrit Ray received 63,349,166 and Machelle Sanders received 62,641,894
- Deloitte & Touche LLP ratified as auditor for fiscal year ending December 31, 2025, with 82,675,784 votes for
- Quorum of 82,888,659 of 90,540,317 shares outstanding as of the April 17, 2025 record date
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 12, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.