Foster EVP files amended tax share withholding
FOSTER L B CO EVP & CFO William M. Thalman reported two tax-related share dispositions under the company’s Long Term Incentive Plans.
Rhea-AI Filing Summary
FOSTER L B CO EVP & CFO William M. Thalman reported two tax-related share dispositions under the company’s Long Term Incentive Plans. On February 14, 2026, 1,736 shares of common stock were withheld at $31.63 per share to cover taxes on vesting of restricted stock from the 2024-2026 LTIP.
On February 13, 2026, 1,007 shares were similarly withheld at $31.63 per share to satisfy tax obligations tied to performance-based awards. The amendment corrects prior Form 4 share counts and clarifies that Thalman now directly holds 72,007 shares, including 18,519 performance RSUs under the 2023-2025 plan and 2,385 performance RSUs under the 2024-2026 plan that are scheduled to settle after their respective performance periods.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,736 | $31.63 | $55K |
| Exercise Price or Tax Liability | Common Stock | 1,007 | $31.63 | $32K |
Footnotes (5)
- F1. Shares withheld to pay taxes applicable to the vesting of restricted stock related to the 2024-2026 LTIP awarded on 5/23/24.
- F2. An amendment to the original Form 4 was filed on 2/20/2026 to correct the number of shares beneficially owned to reflect the amendment made to the Form 4 originally filed on 2/12/2026. The amendment to the Form 4 was filed on 2/20/2026 to correct the number of shares withheld to pay taxes applicable to 50 percent of the Performance-based stock unit award granted on 3/31/2021 and earned on 2/11/2026.
- F3. Includes 18,519 Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023; those 18,519 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2025, upon certification by the Compensation Committee.
- F4. Includes 2,385 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 2,385 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification by the Compensation Committee.
- F5. This amendment was filed to correct the number of shares withheld to pay taxes applicable to the vesting of restricted stock related to the 2023-2025 LTIP awarded on 2/14/23.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did FOSTER L B CO (FSTR) EVP & CFO report in this Form 4/A?
Were William Thalman9s FSTR transactions open-market sales?
What does the amendment to William Thalman9s Form 4 change?
What long-term incentive awards are disclosed for FSTR9s EVP & CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.