FOSTER L B CO CFO reports tax share withholding
FOSTER L B CO executive William M. Thalman, EVP & CFO, reported two tax-withholding dispositions of common stock.
Rhea-AI Filing Summary
FOSTER L B CO executive William M. Thalman, EVP & CFO, reported two tax-withholding dispositions of common stock. On February 14, 2026, 1,721 shares were withheld at $31.63 per share, and on February 13, 2026, 1,007 shares were withheld at the same price to cover taxes on vesting of restricted stock under long-term incentive plans.
The report notes that his holdings include 18,519 performance restricted stock units from the 2023–2025 plan and 2,385 units from the 2024–2026 plan, which will settle after the respective performance periods upon Compensation Committee certification. This amended Form 4 corrects previously reported beneficial ownership and the number of shares withheld for prior tax obligations.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,721 | $31.63 | $54K |
| Exercise Price or Tax Liability | Common Stock | 1,007 | $31.63 | $32K |
Footnotes (5)
- F1. Shares withheld to pay taxes applicable to the vesting of restricted stock related to the 2024-2026 LTIP awarded on 5/23/24.
- F2. Includes 18,519 Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023; those 18,519 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2025, upon certification by the Compensation Committee.
- F3. Includes 2,385 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 2,385 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification by the Compensation Committee.
- 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 2/12/2026. The amendment to the Form 4 was on 2/23/2026 to correct the number of shares withheld to pay taxes applicable to 50 percent of the Performance-based stock unit award granted on 3/31/2021 and earned on 2/11/2026.
- F5. Shares withheld to pay taxes applicable to the vesting of restricted stock related to the 2023-2025 LTIP awarded on 2/14/23.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FSTR executive William M. Thalman report?
Were William M. Thalman’s FSTR transactions open-market stock sales?
What long-term incentive plans are referenced in this FSTR Form 4/A?
How many performance restricted stock units does William M. Thalman hold in FSTR?
Why was this FSTR Form 4/A filed as an amendment?
What is William M. Thalman’s role at FOSTER L B CO (FSTR)?
AI-generated analysis. How Rhea-AI works. Not financial advice.