[144] FOSTER L B CO SEC Filing
FSTR — Section 144 notice: affiliate proposed/reported sales of common stock.
Rhea-AI Filing Summary
FSTR — Section 144 notice: affiliate proposed/reported sales of common stock. The filing lists Restricted Stock Units acquired as compensation on 05/29/2012 (1184 shares) and 02/20/2025 (216 shares). It also reports that Brian H. Kelly sold 100 shares on 03/05/2026 and 200 shares on 03/06/2026.
The form identifies the broker as Goldman Sachs & Co. LLC and includes a sale amount of 5770.68 associated with the 03/06/2026 entry. Timing and cash‑flow mechanics for the reported sales are presented as transactional entries on the form.
Positive
- None.
Negative
- None.
Insights
Reported insider disposals were small, routine transactions by an affiliate.
The filing shows two small dispositions by Brian H. Kelly: 100 shares on 03/05/2026 and 200 shares on 03/06/2026. The entries align with routine affiliate sales notices under Section 144 rather than a material corporate action.
Cash proceeds are partially shown for the second sale (5770.68) but the form does not tie proceeds to company receipts; subsequent filings may show how remaining vested RSUs were treated.
Disclosure meets standard brokered‑sale reporting; no governance red flags visible in this excerpt.
The form lists the broker as Goldman Sachs & Co. LLC and records RSUs acquired as compensation on 05/29/2012 (1184) and 02/20/2025 (216). These are background grant entries common on resale notices.
Because the reported sales are modest in size, the filing is unlikely to change governance or control dynamics; impact depends on undisclosed holdings and any additional transactions.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did the FSTR Form 144 disclose about insider sales?
Were any Restricted Stock Units mentioned in the FSTR filing?
Who acted as broker for the reported transactions in the Form 144?
Does the Form 144 indicate the company received proceeds from these sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.