FOSTER L B CO (FSTR) SVP updates stock grants and tax withholding
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
FOSTER L B CO executive Brian Hunter Friedman reported amended equity awards and tax withholding transactions. On February 19, 2026, he acquired several grants and earned awards of common stock totaling 9,325 shares at $0.00 per share through long‑term incentive plans and restricted stock units.
The filing also shows a disposition of 3,476 shares at $31.125 per share to cover taxes upon vesting and settlement of performance shares. Following these transactions, he directly owned 31,548 shares and indirectly held 1,259 shares in the L.B. Foster Company 401(k) Plan. The amendment corrects previously reported beneficial ownership and tax‑withholding share counts related to vestings in February 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Friedman Brian Hunter
Role
SVP, Chief Growth Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,585 | $0.00 | -- |
| Grant/Award | Common Stock | 1,947 | $0.00 | -- |
| Grant/Award | Common Stock | 713 | $0.00 | -- |
| Grant/Award | Common Stock | 3,080 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,476 | $31.125 | $108K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 29,284 shares (Direct);
Common Stock — 1,259 shares (Indirect, L.B. Foster Company 401(k) Plan Shares)
Footnotes (1)
- Represents the number of shares of common stock resulting from Performance Share Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023 upon certification of performance results by the Compensation Committee at 47.2% for the annual period ended December 31, 2025. Includes 1,272 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 1,272 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification by the Compensation Committee. Includes 11,522 shares of common stock resulting from the settlement of Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023; those 11,522 Performance Restricted Stock Units settled at the end of the 2023-2025 performance period upon certification by the Compensation Committee on 2/19/2026. This amended Form 4 was filed to correct the number of shares beneficially owned to reflect the amendment made to the Form 4 originally filed on 2/18/2026. The amendment to the Form 4 was filed on 3/09/2026 to correct the number of shares withheld to pay taxes applicable to the vesting of restricted stock on 2/13/2026 and 2/14/2026. Represents the number of Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024 upon certification of performance results by the Compensation Committee at 39.5% for the annual period ended December 31, 2025. The earned Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification by the Compensation Committee. Includes 3,219 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 3,219 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification of the Compensation Committee. Represents the number of Performance Restricted Stock Units earned under the 2025-2027 Long Term Incentive Plan granted on 5/22/2025 upon certification of performance results by the Compensation Committee at 11.2% for the annual period ended December 31, 2025. The earned Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2027, upon certification by the Compensation Committee. Includes 713 Performance Restricted Stock Units earned under the 2025-2027 Long Term Incentive Plan granted on 5/22/2025; those 713 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2027, upon certification by the Compensation Committee. Award of restricted stock units (RSUs), which are settled in stock upon vesting, and generally will vest ratably over a three-year period on the first, second, and third anniversary of the date of grant. Shares withheld to pay taxes upon the vesting and settlement of all earned performance shares related to the 2023-2025 LTIP awarded on 2/14/2023.
FAQ
What did FSTR executive Brian Hunter Friedman report in this amended Form 4?
He reported amended stock award activity, including 9,325 FSTR common shares acquired at $0.00 per share through long-term incentive and restricted stock unit programs, plus 3,476 shares disposed at $31.125 per share to cover tax obligations tied to vested performance shares.
Why was this Form 4 for FSTR filed as an amendment?
The Form 4 was amended to correct the number of shares beneficially owned and the number of shares withheld for taxes related to restricted stock vesting on February 13 and 14, 2026, aligning reported ownership with compensation committee certifications.
Did this FSTR Form 4 show open-market buying or selling by the executive?
No open-market trades are described. The filing shows stock acquired through grants and performance-based awards at $0.00 per share, and shares disposed under code F solely to satisfy tax liabilities upon vesting and settlement of earned performance share awards.