Stock awards and tax share withholding at FOSTER L B CO (FSTR)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FOSTER L B CO senior vice president Sara Fay Rolli reported equity compensation activity in common stock. On February 19, 2026, she acquired several stock awards and vested performance share units and restricted stock units under the company’s 2023–2025, 2024–2026, and 2025–2027 long‑term incentive plans.
These awards, granted at no cash cost to her, increased her direct holdings, while 1,499 shares were withheld at $31.125 per share to cover taxes on earned performance shares. After these acquisitions and tax‑withholding dispositions, she directly owned 9,765 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Rolli Sara Fay
Role
SVP, Operational Admin
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 956 | $0.00 | -- |
| Grant/Award | Common Stock | 584 | $0.00 | -- |
| Grant/Award | Common Stock | 407 | $0.00 | -- |
| Grant/Award | Common Stock | 1,985 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,499 | $31.125 | $47K |
Holdings After Transaction:
Common Stock — 8,288 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 3,072 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 3,072 Performance Restricted Stock Units settled at the end of the 2023-2025 performance period upon certification by the Compensation Committee on 2/19/2026. Includes 382 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 382 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification by the Compensation Committee. 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 966 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 966 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 407 Performance Restricted Stock Units earned under the 2025-2027 Long Term Incentive Plan granted on 5/22/2025; those 407 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 did FOSTER L B CO (FSTR) report in this Form 4 for Sara Fay Rolli?
The Form 4 shows SVP Sara Fay Rolli received multiple equity awards and vested performance-based shares and units, while some shares were withheld to cover taxes. All reported transactions involved the company’s common stock under long-term incentive plans certified by the Compensation Committee.
Which incentive plans are involved in Sara Fay Rolli’s FSTR equity awards?
The transactions relate to the 2023–2025, 2024–2026, and 2025–2027 Long Term Incentive Plans. These plans granted performance share units and performance restricted stock units that vest and settle based on certified performance results and specified multi‑year performance periods approved by the Compensation Committee.
What performance results affected Sara Fay Rolli’s FSTR awards in this Form 4?
Performance certifications determined how many performance-based units were earned. The Compensation Committee certified 47.2% achievement for the 2023–2025 plan year and 39.5% for the 2024–2026 plan year’s 2025 period, which drove the number of performance share and restricted stock units converting into stock.
When will remaining FOSTER L B CO (FSTR) performance restricted stock units settle?
Some performance restricted stock units are scheduled to settle at the end of their performance periods. Units under the 2024–2026 plan are expected to settle on December 31, 2026, and units under the 2025–2027 plan on December 31, 2027, following Compensation Committee certification.
How do FOSTER L B CO (FSTR) restricted stock units vest for Sara Fay Rolli?
The filing notes restricted stock unit awards generally vest in three equal installments over three years. They typically vest on the first, second, and third anniversaries of the grant date, and are settled in company stock upon vesting, subject to the plan’s terms and committee approvals.