L.B. Foster SVP has 683 shares withheld for taxes
Foster L B Co senior vice president Robert Ness reported a routine tax-withholding share disposition tied to equity compensation.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Foster L B Co senior vice president Robert Ness reported a routine tax-withholding share disposition tied to equity compensation. On the vesting of restricted stock under the 2025–2027 long-term incentive plan, 683 common shares were withheld at $38.11 per share to cover taxes. After this non-market transaction, he holds 32,370 common shares directly, which include 3,219 performance restricted stock units from the 2024–2026 plan and 764 performance restricted stock units from the 2025–2027 plan that will settle after their respective performance periods.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 683 | $38.11 | $26K |
Footnotes (3)
- F1. Shares withheld to pay taxes applicable to the vesting of restricted stock related to the 2025-2027 LTIP Awarded 5/22/2025.
- F2. Includes 3,219 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 3,219 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification of the Compensation Committee.
- F3. Includes 764 Performance Restricted Stock Units earned under the 2025-2027 Long Term Incentive Plan granted on 5/22/2025; those 764 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2027, upon certification by the Compensation Committee.
AI-generated analysis. How Rhea-AI works. Not financial advice.