{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-050368","form_type":"8-K","ticker":"FTRE","cik":"0001965040","company_name":"Fortrea Holdings Inc.","filed_at":"2026-07-29T10:36:49+00:00","discovered_at":"2026-07-29T10:40:00.291177+00:00","generated_at":"2026-07-29T10:40:14.422439+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"leadership","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Fortrea CFO placed on leave after court order; Q2 revenue $678M, raises FY guidance","bullets":["CFO Jason Knoblauch placed on paid leave after Delaware court grants TRO in lawsuit by prior employer alleging restrictive covenant violations.","Board member David Smith (ex-Charles River CFO) appointed Interim CFO; receives $60k/month salary and up to $900k in RSUs.","Q2 revenue $678.2M (down 4.5% YoY); GAAP net loss $(13.2)M, adjusted EPS $0.23.","Adjusted EBITDA $58.7M (up from $54.9M); book-to-bill 1.06x, backlog $7.8B.","Full-year 2026 guidance raised: revenue $2,620M-$2,690M, adjusted EBITDA $205M-$220M."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-050368","json":"https://secwatch.observer/filing/0001628280-26-050368.json","markdown":"https://secwatch.observer/filing/0001628280-26-050368.md","text":"https://secwatch.observer/filing/0001628280-26-050368.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1965040/000162828026050368/0001628280-26-050368-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1965040/000162828026050368/ftre-20260727.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-29T10:40:14.422439+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}