FOSTER L B CO (FSTR) SVP reports stock awards and tax share withholding
Rhea-AI Filing Summary
FOSTER L B CO senior vice president and chief growth officer Brian Hunter Friedman reported multiple stock awards and related tax withholding transactions in company common stock. On February 19, 2026, he acquired several grants, including 3,585, 1,947, 713 and 3,080 shares at a stated price of $0.00 per share as part of long-term incentive and restricted stock unit programs.
The filing also shows 3,476 shares disposed of at $31.125 per share to satisfy tax obligations upon vesting of earned performance shares from the 2023–2025 long-term incentive plan. Footnotes explain that additional performance restricted stock units tied to the 2024–2026 and 2025–2027 plans will settle after the performance periods end, subject to Compensation Committee certification.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,585 | $0.00 | -- |
| Grant/Award | Common Stock | 1,947 | $0.00 | -- |
| Grant/Award | Common Stock | 713 | $0.00 | -- |
| Grant/Award | Common Stock | 3,080 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,476 | $31.125 | $108K |
| holding | Common Stock | -- | -- | -- |
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 11,522 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 11,522 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 1,272 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 1,272 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 3,219 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 3,219 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 713 Performance Restricted Stock Units earned under the 2025-2027 Long Term Incentive Plan granted on 5/22/2025; those 713 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.