Tax withholding trades by FOSTER L B CO (FSTR) SVP
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
FOSTER L B CO senior vice president and chief growth officer Brian Hunter filed an amended Form 4 to correct share amounts withheld for taxes on vested restricted stock from the 2023–2025 and 2024–2026 long‑term incentive plans. The filing reports two tax-withholding dispositions of Common Stock: 585 shares on February 14, 2026 at $31.63 per share and 380 shares on February 13, 2026 at $31.63 per share, both used to cover tax liabilities rather than open-market sales. After these transactions, he directly holds 25,699 shares and has 1,259 shares held indirectly in the L.B. Foster Company 401(k) Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Friedman Brian Hunter
Role
SVP, Chief Growth Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 585 | $31.63 | $19K |
| Tax Withholding | Common Stock | 380 | $31.63 | $12K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 25,699 shares (Direct);
Common Stock — 1,259 shares (Indirect, L.B. Foster Company 401(k) Plan Shares)
Footnotes (1)
- 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 2024-2026 LTIP awarded on 5/23/24. 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 7,937 Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023; those 7,937 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2025, upon certification by the Compensation Committee. This amended Form 4 was filed to also 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
What insider transactions did FSTR executive Brian Hunter report on this amended Form 4?
Brian Hunter reported two tax-withholding dispositions of FSTR Common Stock, totaling 965 shares, at a price of $31.63 per share. These shares were withheld to cover tax liabilities tied to vesting restricted stock under long-term incentive plans, not open-market sales.
Why was Brian Hunter’s Form 4 for FOSTER L B CO (FSTR) amended?
The Form 4 was amended to correct the number of FSTR shares withheld to pay taxes on vested restricted stock from the 2023–2025 and 2024–2026 long term incentive plans. The amendment clarifies the exact tax-withholding share amounts previously reported.
What long-term incentive awards are referenced in Brian Hunter’s FSTR Form 4 footnotes?
Footnotes reference Performance Restricted Stock Units from the 2024–2026 and 2023–2025 Long Term Incentive Plans. These include 1,272 and 7,937 units, respectively, which are scheduled to settle after performance periods end, subject to Compensation Committee certification on the stated future dates.