Stock awards and tax share withholding for Foster L B (FSTR) SVP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Foster L B Co SVP - Rail Gregory W. Lippard reported multiple equity award transactions in company common stock. On February 19, 2026, he acquired share grants of 5,975, 2,678, 1,002 and 4,244 shares at no cost under long-term incentive and restricted stock unit programs.
On the same date, 8,735 shares were withheld at a price of $31.125 per share to cover tax liabilities upon vesting of earned performance shares. After these transactions, he directly owned 75,996 shares, with an additional 1,531 shares held indirectly in a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
LIPPARD GREGORY W
Role
SVP -Rail
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,975 | $0.00 | -- |
| Grant/Award | Common Stock | 2,678 | $0.00 | -- |
| Grant/Award | Common Stock | 1,002 | $0.00 | -- |
| Grant/Award | Common Stock | 4,244 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,735 | $31.125 | $272K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 76,807 shares (Direct);
Common Stock — 1,531 shares (Indirect, L.B. Foster Company 401(k) Plan Shares)
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 19,202 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 19,202 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 1,749 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 1,749 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 4,427 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 4,427 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 1,002 Performance Restricted Stock Units earned under the 2025-2027 Long Term Incentive Plan granted on 5/22/2025; those 1,002 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.
FAQ
What insider transactions did FOSTER L B CO (FSTR) report for Gregory W. Lippard?
Gregory W. Lippard reported several equity award transactions. He received multiple stock grants under long-term incentive and restricted stock unit plans, and shares were withheld to cover taxes on vested performance shares, all dated February 19, 2026.
What long-term incentive plans are referenced in the FSTR Form 4 footnotes?
The footnotes reference the 2023–2025, 2024–2026, and 2025–2027 Long Term Incentive Plans. They describe performance share units and performance restricted stock units earned based on certified results, with settlement at future dates upon Compensation Committee certification.