Controller at Foster L B (FSTR) awarded 295 restricted stock units
Rhea-AI Filing Summary
Curran Timothy Joseph reported acquisition or exercise transactions in this Form 4 filing.
FOSTER L B CO reported a Form 4 showing its Controller and Principal Accounting Officer, Timothy Joseph Curran, received an award of 295 restricted stock units of common stock at no cost. These RSUs will generally vest in equal parts over three years on the first, second, and third anniversaries of the grant date.
After this grant, Curran holds 9,090 shares and units in total, including 255 Performance Restricted Stock Units under the 2025–2027 Long Term Incentive Plan and 966 Performance Restricted Stock Units under the 2024–2026 Long Term Incentive Plan, which are scheduled to settle following performance certification in 2027 and 2026, respectively.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 295 shares
Net Buy
1 txn
Insider
Curran Timothy Joseph
Role
Controller and PAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 295 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 9,090 shares (Direct)
Footnotes (3)
- F1. Award of 295 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 the grant.
- F2. Includes 255 Performance Restricted Stock Units earned under the 2025-2027 Long Term Incentive Plan granted on 5/22/2025; those 255 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2027, upon certification by the Compensation Committee.
- F3. Includes 966 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 966 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification of the Compensation Committee.
Key Figures
RSU grant: 295 restricted stock units
Post-transaction holdings: 9,090 shares and units
Performance RSUs 2025–2027 plan: 255 units
+3 more
6 metrics
RSU grant
295 restricted stock units
Award of common stock-settled RSUs on grant date
Post-transaction holdings
9,090 shares and units
Total holdings following the RSU award
Performance RSUs 2025–2027 plan
255 units
To settle after performance period ending December 31, 2027
Performance RSUs 2024–2026 plan
966 units
To settle after performance period ending December 31, 2026
Vesting schedule
3-year ratable vesting
RSUs vest on first, second, and third anniversaries of grant
Grant price
$0.00 per share
Equity compensation award with no cash cost to insider
Key Terms
restricted stock units, Performance Restricted Stock Units, Long Term Incentive Plan, Compensation Committee
4 terms
restricted stock units financial
"Award of 295 restricted stock units (RSUs) which are settled in stock upon vesting"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance Restricted Stock Units financial
"Includes 255 Performance Restricted Stock Units earned under the 2025-2027 Long Term Incentive Plan"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
Long Term Incentive Plan financial
"earned under the 2025-2027 Long Term Incentive Plan granted on 5/22/2025"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
Compensation Committee financial
"will settle at the end of the performance period ... upon certification by the Compensation Committee"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did FSTR reporting person Timothy Curran receive in this Form 4 filing?
Timothy Curran received an award of 295 restricted stock units of common stock. These units were granted at no cost and represent equity-based compensation that will be settled in shares as they vest over time.
How do the 295 RSUs granted to Timothy Curran at FSTR vest?
The 295 restricted stock units generally vest ratably over three years. Vesting occurs in equal portions on the first, second, and third anniversaries of the grant date, after which each vested unit is settled in one share of common stock.
What performance-based RSUs are included in Timothy Curran’s FSTR holdings?
Curran’s holdings include 255 Performance Restricted Stock Units from the 2025–2027 Long Term Incentive Plan and 966 from the 2024–2026 plan. These performance RSUs will settle at the end of each plan’s performance period upon Compensation Committee certification.
When will Timothy Curran’s performance-based RSUs at FSTR settle?
The 255 Performance Restricted Stock Units related to the 2025–2027 plan are scheduled to settle on December 31, 2027. The 966 units from the 2024–2026 plan are scheduled to settle on December 31, 2026, after performance is certified.