Equity awards, tax withholding for FOSTER L B CO (FSTR) EVP
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
FOSTER L B CO executive Patrick J. Guinee, EVP General Counsel & Sec., reported multiple equity award transactions in common stock. On February 19, 2026, he acquired 7,170, 3,359, 1,239 and 5,613 shares through grant or award acquisitions tied to long-term incentive and restricted stock unit programs.
He also disposed of 10,091 shares at $31.125 per share to cover tax obligations upon vesting and settlement of earned performance shares from the 2023–2025 long-term incentive plan. This amended Form 4 corrects the number of shares beneficially owned and the number of shares withheld for taxes.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Guinee Patrick J.
Role
EVP General Counsel & Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,170 | $0.00 | -- |
| Grant/Award | Common Stock | 3,359 | $0.00 | -- |
| Grant/Award | Common Stock | 1,239 | $0.00 | -- |
| Grant/Award | Common Stock | 5,613 | $0.00 | -- |
| Tax Withholding | Common Stock | 10,091 | $31.125 | $314K |
Holdings After Transaction:
Common Stock — 88,298 shares (Direct)
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 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. Includes 23,044 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 23,044 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 5,553 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 5,553 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 1,239 Performance Restricted Stock Units earned under the 2025-2027 Long Term Incentive Plan granted on 5/22/2025; those 1,239 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 Patrick J. Guinee report for FOSTER L B CO (FSTR)?
Patrick J. Guinee reported several equity award acquisitions and a tax-related share disposition. He received common stock from long-term incentive and restricted stock unit plans, then had shares withheld to satisfy tax liabilities tied to vested performance shares from the 2023–2025 incentive plan.
What long-term incentive plans are referenced in the FSTR Form 4/A for Patrick J. Guinee?
The filing references the 2023–2025, 2024–2026, and 2025–2027 Long Term Incentive Plans. Performance share units and performance restricted stock units under these plans are earned based on certified performance results and generally settle at the end of each multi‑year performance period upon committee certification.
Why was Patrick J. Guinee’s Form 4 for FOSTER L B CO amended?
The Form 4 was amended to correct the number of shares beneficially owned and the number of shares withheld for taxes. The correction relates to shares used to satisfy tax obligations on restricted stock vesting and performance share settlements previously reported in the original Form 4 filing.