[Form 4] FOSTER L B CO Insider Trading Activity

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

Corporate Governance Expert

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.

Securities Analyst

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Meyer David J

(Last) (First) (Middle)

C/O L.B. FOSTER COMPANY

415 HOLIDAY DRIVE, SUITE 100

(Street)

PITTSBURGH PA 15220

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FOSTER L B CO [ FSTR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/30/2025		A		666(1)	A	$26.95	11,250	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the Reporting Person's quarterly director cash retainer fees, which were elected to be paid in stock.

Remarks:

	/s/ David J. Meyer by Judith M. Balog, attorney-in-fact	10/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did David J. Meyer report on Form 4 for FSTR?

The Form 4 reports that David J. Meyer received 666 shares of common stock on 09/30/2025, elected in lieu of his quarterly cash retainer.

At what price were the shares reported on the FSTR Form 4?

The shares are reported at a price of $26.95 per share on the Form 4.

What is David J. Meyer's beneficial ownership after the reported transaction?

Following the reported transaction, Mr. Meyer beneficially owns 11,250 shares of Foster L B Co common stock.

Was the Form 4 signed by David J. Meyer himself?

The filing was executed on behalf of David J. Meyer by an attorney-in-fact and bears a signature dated 10/01/2025.

Does the Form 4 show any derivative transactions for FSTR by the reporting person?

No. The Form 4 includes only a non-derivative acquisition of common stock and lists no derivative securities.