FSTR Controller reports equity awards, tax share withholding
Rhea-AI Filing Summary
L.B. Foster Company Controller Sean M. Reilly reported several equity compensation transactions in common stock on February 19, 2026. He received multiple stock grants classified as awards or other acquisitions, and a portion of shares was withheld to cover tax liabilities tied to vested performance shares.
The filing also reports a tax-withholding disposition of 4,308 shares at a price of $31.125 per share, leaving 29,483 directly owned shares after that transaction, plus 1,013 shares held indirectly in the L.B. Foster Company 401(k) Plan. This Form 4 amendment corrects previously reported tax-withheld and beneficially owned share amounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,987 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,315 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 492 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 2,053 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,308 | $31.125 | $134K |
| holding | Common Stock | -- | -- | -- |
Footnotes (10)
- F1. 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.
- F2. Includes 859 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 859 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification by the Compensation Committee.
- F3. Includes 9,601 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 9,601 Performance Restricted Stock Units settled at the end of the 2023-2025 performance period upon certification by the Compensation Committee on 2/19/2026.
- F4. 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 2/14/2026.
- F5. 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.
- F6. Includes 2,174 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 2,174 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification of the Compensation Committee.
- F7. 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.
- F8. Includes 492 Performance Restricted Stock Units earned under the 2025-2027 Long Term Incentive Plan granted on 5/22/2025; those 492 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2027, upon certification by the Compensation Committee.
- F9. 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.
- F10. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did FSTR Controller Sean M. Reilly report?
Why was this Form 4 for FSTR amended?
What long-term incentive plans are referenced in Sean M. Reilly’s FSTR filing?
Are the reported FSTR transactions open-market purchases or sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.