Foster L B Co director accepts stock retainer, ownership rises to 13,138
Rhea-AI Filing Summary
Alexander B. Jones, a director of Foster L B Co (FSTR), reported acquiring 649 shares of the company's common stock on 09/30/2025 at a price of $26.95 per share, bringing his beneficial ownership to 13,138 shares. The filing, signed 10/02/2025, states these shares represent his quarterly director cash retainer elected to be paid in stock. The report notes he may be part of a Section 13(d) group that collectively owns more than 10% of the company's common stock, and he disclaims beneficial ownership of shares held directly by other group members. The transaction was reported on a Form 4 under Section 16.
Positive
- Director increased ownership by 649 shares to 13,138 shares
- Shares arose from director compensation, aligning pay with shareholder value
- Transaction fully disclosed on Form 4 with price ($26.95) and dates (09/30/2025, filed 10/02/2025)
Negative
- None.
Insights
Director accepted compensation in stock, increasing insider stake modestly.
The director received 649 shares as his quarterly cash retainer elected to be paid in stock, which is a routine, non-open-market acquisition tied to compensation rather than a discretionary purchase. That increases his reported beneficial ownership to 13,138 shares, a concrete, attributable position.
This disclosure matters because stock-based compensation aligns director pay with shareholder outcomes and is reportable under Section 16; the filing also discloses a possible Section 13(d) group involvement that could affect aggregate ownership calculations.
Transaction is compliance-driven and non-speculative; timing and source are explicit.
The Form 4 shows a 09/30/2025 acquisition at $26.95 per share tied to director retainer payments, not a market purchase; the signature date is 10/02/2025. The report cleanly fulfills Section 16 reporting requirements and includes the reporting person’s disclaimer regarding a Section 13(d) group.
Because the shares derive from compensation and the filing provides exact amounts and prices, the disclosure supports regulatory transparency without revealing trading intent.