FSTR CEO reports tax-withholding share dispositions
FOSTER L B CO director and CEO John F. Kasel reported tax-related share dispositions linked to vesting of long-term incentives.
Rhea-AI Filing Summary
FOSTER L B CO director and CEO John F. Kasel reported tax-related share dispositions linked to vesting of long-term incentives. On February 13 and 14, 2026, a total of 8,459 shares of common stock at $31.63 per share were withheld to pay taxes on restricted stock vesting under the company’s 2023–2025 and 2024–2026 long-term incentive plans.
After these transactions, he directly owned 217,066 shares and indirectly held 13,908 shares through the L.B. Foster Company 401(k) Plan. His direct holdings include 58,202 performance restricted stock units scheduled to settle after December 31, 2025 and 7,632 performance restricted stock units scheduled to settle after December 31, 2026, each subject to Compensation Committee certification.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 5,383 | $31.63 | $170K |
| Exercise Price or Tax Liability | Common Stock | 3,076 | $31.63 | $97K |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- 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 58,202 Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023; those 58,202 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 7,632 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 7,632 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification of the Compensation Committee.
- F4. 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 transactions did FSTR CEO John F. Kasel report on this Form 4?
Were John F. Kasel’s FSTR transactions open-market sales or tax withholdings?
What long-term incentive plans are referenced in John F. Kasel’s FSTR Form 4?
What performance restricted stock units are included in John F. Kasel’s FSTR holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.