Foster L.B. EVP logs tax share dispositions
Foster L B Co EVP and General Counsel Patrick J. Guinee reported two tax-related share dispositions under the company’s long-term incentive plans.
Rhea-AI Filing Summary
Foster L B Co EVP and General Counsel Patrick J. Guinee reported two tax-related share dispositions under the company’s long-term incentive plans. On February 13 and 14, 2026, a total of 2,435 shares of common stock were withheld at $31.63 per share to cover taxes on vesting restricted stock. After these transactions, Guinee directly held 81,128 shares of common stock, which includes performance restricted stock units earned under the 2023–2025 and 2024–2026 Long Term Incentive Plans. This amended Form 4 corrects the number of shares previously reported as withheld for taxes related to the 2023–2025 plan.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,507 | $31.63 | $48K |
| Exercise Price or Tax Liability | Common Stock | 928 | $31.63 | $29K |
Footnotes (4)
- 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. Includes 15,874 Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023; those 15,874 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2025, upon certification by the Compensation Committee.
- F3. Includes 2,194 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 2,194 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification by the Compensation Committee.
- F4. This amended Form 4 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
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What insider transactions did FSTR executive Patrick J. Guinee report?
Were Patrick J. Guinee’s FSTR transactions open-market sales?
Why was this Form 4/A for FSTR filed as an amendment?
What long-term incentive plans are referenced in Patrick J. Guinee’s FSTR filing?
What do the footnotes reveal about FSTR performance restricted stock units?
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