L.B. Foster (FSTR) investors back board, auditor and 2025 pay package
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
L.B. Foster Company reported the results of its Annual Meeting of Shareholders held on May 21, 2026. Shareholders elected six directors, including Raymond T. Betler and John F. Kasel, each receiving over 7.35 million votes for, with relatively low withheld votes and 1,229,731 broker non-votes for each nominee.
Shareholders ratified Ernst & Young LLP as independent registered public accounting firm for 2026 with 8,765,684 votes for and 40,462 against. They also gave advisory approval to 2025 executive compensation, with 7,556,424 votes for, 16,545 against, 10,479 abstentions, and 1,229,731 broker non-votes.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.07, 9.01
2 items
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Votes for director Betler: 7,543,045 votes
Votes for director Kasel: 7,560,634 votes
Auditor ratification votes for: 8,765,684 votes
+4 more
7 metrics
Votes for director Betler
7,543,045 votes
Election of Raymond T. Betler as director at 2026 annual meeting
Votes for director Kasel
7,560,634 votes
Election of John F. Kasel as director at 2026 annual meeting
Auditor ratification votes for
8,765,684 votes
Ratification of Ernst & Young LLP for 2026
Auditor ratification votes against
40,462 votes
Ratification of Ernst & Young LLP for 2026
Say-on-pay votes for
7,556,424 votes
Advisory approval of 2025 executive compensation
Say-on-pay votes against
16,545 votes
Advisory approval of 2025 executive compensation
Broker non-votes on director elections
1,229,731 votes
Each director election at 2026 annual meeting
Key Terms
broker non-votes, independent registered public accounting firm, advisory approval, named executive officers, +1 more
5 terms
broker non-votes financial
"Name | Votes For | Votes Withheld | Broker Non-votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm financial
"Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2026"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
advisory approval financial
"Advisory approval of the compensation paid to the Company’s named executive officers in 2025"
named executive officers financial
"compensation paid to the Company’s named executive officers in 2025"
Named executive officers are the senior company leaders whose names, roles and compensation are singled out in required regulatory filings; this typically includes the chief executive, chief financial officer and the next highest‑paid senior officers. Investors treat this list like a team roster — it shows who makes key decisions, how they are paid and whether incentives align with shareholder interests, so changes or pay patterns can signal governance quality, risk or strategic shifts.
inline XBRL technical
"Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101)"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.
FAQ
Were L.B. Foster (FSTR) director nominees elected at the 2026 annual meeting?
Yes, all six director nominees were elected. Each nominee, including Raymond T. Betler and John F. Kasel, received more than 7.35 million votes for, with relatively low withheld votes and 1,229,731 broker non-votes recorded for each director position.
Were there any other matters voted on at L.B. Foster’s 2026 annual meeting?
No, shareholders only considered three proposals at the 2026 annual meeting. These were the election of six directors, ratification of Ernst & Young LLP as auditor for 2026, and advisory approval of 2025 executive compensation; no additional matters were submitted for a vote.