L.B. Foster (NASDAQ: FSTR) controller logs stock awards and tax share withholding in amended Form 4
Filing Impact
Filing Sentiment
Form Type
4/A
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
6 transactions reported
Mixed
6 txns
Insider
REILLY SEAN M
Role
Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,987 | $0.00 | -- |
| Grant/Award | Common Stock | 1,315 | $0.00 | -- |
| Grant/Award | Common Stock | 492 | $0.00 | -- |
| Grant/Award | Common Stock | 2,053 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,308 | $31.125 | $134K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 29,931 shares (Direct);
Common Stock — 1,013 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 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. 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. 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. 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 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. 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 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. 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 insider transactions did FSTR Controller Sean M. Reilly report?
Sean M. Reilly reported several equity compensation transactions in L.B. Foster common stock, including stock grants classified as awards and a tax-withholding disposition. These reflect performance-based share programs and related tax settlements rather than open-market buying or selling activity.
Why was this Form 4 for FSTR amended?
The Form 4 was amended to correct the number of shares beneficially owned and the number of shares withheld for taxes. The amendment updates figures originally reported on February 18, 2026 and further corrected on March 9, 2026 related to restricted stock vesting.
What long-term incentive plans are referenced in Sean M. Reilly’s FSTR filing?
The filing references the 2023–2025, 2024–2026, and 2025–2027 Long Term Incentive Plans. It describes performance share units and performance restricted stock units earned based on certified performance results and settling at the end of each respective performance period.
Are the reported FSTR transactions open-market purchases or sales?
No. The transactions are classified as equity awards, performance-based share settlements, and a tax-withholding disposition. They arise from long-term incentive plans and restricted stock vesting, rather than discretionary open-market buying or selling of L.B. Foster common stock.