Foster CFO shares withheld to cover taxes
FOSTER L B CO executive William M. Thalman, EVP & CFO, reported tax-related share dispositions tied to vesting equity awards.
Rhea-AI Filing Summary
FOSTER L B CO executive William M. Thalman, EVP & CFO, reported tax-related share dispositions tied to vesting equity awards. On February 13, 2026, 1,007 shares of common stock at $31.63 per share were withheld to cover taxes on restricted stock from the 2023–2025 long-term incentive plan. On February 14, 2026, 1,721 shares at $31.63 per share were similarly withheld for taxes on restricted stock from the 2024–2026 plan. After these transactions, he directly owned 72,010 and 73,731 shares, respectively, including 18,519 performance restricted stock units scheduled to settle after December 31, 2025 and 2,385 units scheduled to settle after December 31, 2026, subject to Compensation Committee certification.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,721 | $31.63 | $54K |
| Exercise Price or Tax Liability | Common Stock | 1,007 | $31.63 | $32K |
Footnotes (4)
- F1. Shares withheld to pay taxes applicable to the vesting of restricted stock related to the 2024-2026 LTIP awarded on 5/23/24.
- F2. Includes 18,519 Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023; those 18,519 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2025, upon certification by the Compensation Committee.
- F3. Includes 2,385 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 2,385 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification by the Compensation Committee.
- F4. Shares withheld to pay taxes applicable to the vesting of restricted stock related to the 2023-2025 LTIP awarded on 2/14/23.
FAQ
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What insider transactions did FSTR EVP & CFO William Thalman report?
Were the FSTR insider transactions open-market sales of stock?
What long-term incentive plans are connected to these FSTR transactions?
What performance restricted stock units does the FSTR CFO still hold?
Do the FSTR Form 4 transactions change the CFO’s incentive alignment?
AI-generated analysis. How Rhea-AI works. Not financial advice.