Fortrea Holdings Inc. (FTRE) stock is experiencing a significant pre-market surge on Tuesday, jumping 7.82% ahead of the regular trading session. This notable increase comes in the wake of a recent insider transaction reported to the Securities and Exchange Commission (SEC).

According to an SEC filing, Peter M. Neupert, a Director at Fortrea Holdings, has recently acquired common shares of the company. While the exact details of the transaction were not immediately available, such insider buying often signals confidence in the company's prospects and can be viewed positively by the market.

Insider transactions, particularly acquisitions by company directors, are closely watched by investors as they may indicate the leadership's belief in the company's future performance. This latest move by Director Neupert appears to have sparked optimism among pre-market traders, contributing to the stock's impressive early morning rally. As the regular trading session approaches, market participants will be keen to see if this upward momentum continues and whether additional details about the insider purchase emerge.