L.B. Foster (NASDAQ: FSTR) SVP moves 1,000 shares to charitable fund
Rhea-AI Filing Summary
FOSTER L B CO (FSTR) executive Brian Hunter Friedman, SVP and Chief Growth Officer, reported a bona fide gift of 1,000 shares of common stock on August 24, 2026. The shares were contributed to an independent charitable gift fund for future grants. After the gift, he directly holds 30,132 shares and indirectly holds 1,365 shares through the L.B. Foster Company 401(k) Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,000 shares
Net Sell
2 txns
Insider
Friedman Brian Hunter
Role
SVP, Chief Growth Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 1,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 30,132 shares (Direct);
Common Stock — 1,365 shares (Indirect, L.B. Foster Company 401(k) Plan Shares)
Footnotes (1)
- F1. On August 24, 2026, the reporting person gifted 1,000 shares to an independent charitable gift fund established for future grants to charitable organizations.
Key Figures
Shares gifted: 1,000 shares of Common Stock
Direct holdings after transaction: 30,132 shares of Common Stock
Indirect holdings after transaction: 1,365 shares of Common Stock
+2 more
5 metrics
Shares gifted
1,000 shares of Common Stock
Bona fide gift on August 24, 2026
Direct holdings after transaction
30,132 shares of Common Stock
Held directly by Brian Hunter Friedman after the gift
Indirect holdings after transaction
1,365 shares of Common Stock
Held indirectly via L.B. Foster Company 401(k) Plan
Transaction price per share
$0.0000
Reported for the 1,000-share bona fide gift
Gift fund shares received
1,000 shares of Common Stock
Transferred to an independent charitable gift fund
Key Terms
bona fide gift, indirect ownership, L.B. Foster Company 401(k) Plan Shares, charitable gift fund
4 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift" for the 1,000-share transfer"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
"direct_or_indirect = "I" with nature of ownership via 401(k) Plan"
charitable gift fund financial
"gifted 1,000 shares to an independent charitable gift fund"
FAQ
What insider transaction did FSTR executive Brian Hunter Friedman report?
He reported a bona fide gift of 1,000 shares of FSTR common stock on August 24, 2026, transferred to an independent charitable gift fund established for future grants to charitable organizations.
Was the FSTR insider transaction a purchase or sale?
No. The Form 4 reports a bona fide gift of 1,000 FSTR shares, coded as transaction type G, which is a gift disposition rather than a market purchase or sale.
Did the FSTR insider gift involve a charitable organization?
Yes. The 1,000 FSTR shares were gifted to an independent charitable gift fund established for future grants to charitable organizations, according to the filing footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.
