Director David J. Meyer of FOSTER L B CO (FSTR) receives 683-share stock retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meyer David J reported acquisition or exercise transactions in this Form 4 filing.
FOSTER L B CO director David J. Meyer received 683 shares of common stock as a grant elected in lieu of cash fees. The shares were valued at $27.90 each and represent quarterly director cash retainer fees paid in stock. After this award, Meyer directly holds 12,640 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Meyer David J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 683 | $27.90 | $19K |
Holdings After Transaction:
Common Stock — 12,640 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Stock grant size: 683 shares
Grant valuation price: $27.90 per share
Post-transaction holdings: 12,640 shares
3 metrics
Stock grant size
683 shares
Quarterly director cash retainer fees paid in stock
Grant valuation price
$27.90 per share
Value used for the 683-share award
Post-transaction holdings
12,640 shares
Common stock directly owned after the grant
Key Terms
Grant, award, or other acquisition, quarterly director cash retainer fees, paid in stock
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
quarterly director cash retainer fees financial
"Represents the Reporting Person's quarterly director cash retainer fees"
paid in stock financial
"fees, which were elected to be paid in stock"
FAQ
What insider transaction did FSTR director David J. Meyer report?
David J. Meyer reported receiving 683 FSTR common shares as a grant. The award reflects quarterly director cash retainer fees that he elected to take in stock instead of cash, aligning part of his compensation with shareholder equity.
Was the FSTR insider transaction a market purchase or a compensation grant?
The transaction was a compensation grant, not a market purchase. The Form 4 shows code "A" for grant or award, and a footnote explains these 683 shares represent quarterly director cash retainer fees paid in stock rather than cash.
Does the FSTR Form 4 show any stock sales or dispositions by David J. Meyer?
No stock sales or dispositions are reported in this Form 4. The filing shows one acquisition transaction via a grant of 683 shares, with no sell, gift, tax-withholding, or restructuring entries disclosed in the transaction summary fields.