Foster L B Co (FSTR) Director Elects Stock Payment — 666 Shares
Rhea-AI Filing Summary
David J. Meyer, a director of Foster L B Co (ticker: FSTR), reported a transaction dated 09/30/2025 in which he received 666 shares of the company's common stock at a reported price of $26.95 per share. The Form 4 states these shares represent his quarterly director cash retainer fees elected to be paid in stock. Following the issuance, Mr. Meyer beneficially owns 11,250 shares. The filing was signed on behalf of Mr. Meyer by an attorney-in-fact on 10/01/2025. This disclosure is limited to a routine director compensation election and reports the specific share count, price, and resulting beneficial ownership.
Positive
- Director compensation elected in stock can increase alignment between management and shareholders by tying pay to company equity
- Clear disclosure of share count (666), price ($26.95), and post-transaction ownership (11,250) provides transparency
Negative
- None.
Insights
TL;DR: Routine director equity election; modestly increases director stake and aligns pay with shareholder interests.
This Form 4 documents a standard governance practice where a director elects to receive cash retainer fees in stock. The report specifies 666 shares issued at $26.95 and a post-transaction beneficial ownership of 11,250 shares. Such elections are common and serve to better align directors with shareholders without indicating any change in board composition or control. The filing contains no information about additional compensation arrangements or changes to standing governance policies.
TL;DR: Non-derivative issuance tied to director retainer; transaction is routine and immaterial to company capital structure.
The disclosed transaction is a non-derivative acquisition representing payment in-kind for a director's quarterly retainer. The price per share is listed as $26.95, which is the reported transaction price, and the total new shares are 666. The filing shows no derivative activity, no change in control, and no sale or disposition of other holdings. From a market-capital perspective, this single director issuance is not presented as material to shareholders in the filing.