FOSTER L B CEO reports stock awards, tax withholding
FOSTER L B CO President and CEO John F. Kasel reported multiple stock-based awards and a related tax share withholding on February 19, 2026.
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Rhea-AI Filing Summary
FOSTER L B CO President and CEO John F. Kasel reported multiple stock-based awards and a related tax share withholding on February 19, 2026. He acquired several grants of common stock at $0 per share as performance and restricted stock units vested, and 36,746 shares were withheld at $31.125 per share to cover tax liabilities, leaving him with 243,596 directly held shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 26,289 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 11,684 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 4,754 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 20,534 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 36,746 | $31.125 | $1.14M |
| Holding | Common Stock | -- | -- | -- |
Footnotes (9)
- F1. 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.
- F2. Includes 84,491 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 84,491 Performance Restricted Stock Units settled at the end of the 2023-2025 performance period upon certification by the Compensation Committee on 2/19/2026.
- 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 by the Compensation Committee.
- F4. 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.
- F5. Includes 19,316 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 19,316 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification of the Compensation Committee.
- F6. 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.
- F7. Includes 4,754 Performance Restricted Stock Units earned under the 2025-2027 Long Term Incentive Plan granted on 5/22/2025; those 4,754 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2027, upon certification by the Compensation Committee.
- F8. 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.
- F9. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did FOSTER L B CO (FSTR) disclose about John F. Kasel's recent equity awards?
What types of incentive plans are referenced in the FOSTER L B CO (FSTR) Form 4 filing?
At what performance levels were FOSTER L B CO (FSTR) performance units certified for John F. Kasel?
How do the FOSTER L B CO (FSTR) restricted stock units for John F. Kasel vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.