22NW Fund trims FOSTER L B CO (FSTR) stake with 107,019-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FOSTER L B CO major shareholder group reports recent stock sales. Investment entity 22NW Fund, LP, together with related reporting persons including Aron English, disclosed open-market sales of a total of 107,019 shares of FOSTER L B CO common stock over three days at prices around $28 per share.
After these transactions, 22NW Fund, LP is shown holding 1,078,903 shares indirectly, while Aron English also holds 905 shares directly. The reporting persons note they may be deemed a group owning more than 10% of the company’s common stock and disclaim beneficial ownership beyond their economic interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 107,019 shares ($3,041,606)
Net Sell
4 txns
Insider
English Aron R., 22NW, LP, 22NW Fund, LP, 22NW Fund GP, LLC, 22NW GP, Inc.
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner
Sold
107,019 shs ($3.04M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,716 | $28.086 | $76K |
| Sale | Common Stock | 25,889 | $28.1864 | $730K |
| Sale | Common Stock | 78,414 | $28.5103 | $2.24M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,078,903 shares (Indirect, By: 22NW Fund, LP);
Common Stock — 905 shares (Direct)
Footnotes (1)
- This Form 4 is filed jointly by 22NW Fund, LP ("22NW Fund"), 22NW, LP ("22NW"), 22NW Fund GP, LLC ("22NW GP"), 22NW GP, Inc. ("22NW Inc.") and Aron English (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein. Represents a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.0000 to $29.0000, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold in each transaction. Securities owned directly by 22NW Fund. As the investment manager to 22NW Fund, 22NW may be deemed to beneficially own the securities owned directly by 22NW Fund. As the general partner of 22NW Fund, 22NW GP may be deemed to beneficially own the securities owned directly by 22NW Fund. As the general partner of 22NW, 22NW Inc. may be deemed to beneficially own the securities owned directly by 22NW Fund. Mr. English, as the Portfolio Manager of 22NW, Manager of 22NW GP and President and sole shareholder of 22NW Inc., may be deemed to beneficially own the securities owned directly by 22NW Fund. Represents a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.0000 to $28.7350, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold in each transaction. Represents a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.0000 to $28.5000, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold in each transaction.
FAQ
What insider activity did 22NW Fund report in FOSTER L B CO (FSTR)?
22NW Fund, LP and related reporting persons reported selling 107,019 shares of FOSTER L B CO common stock in open-market transactions. These sales occurred over three days and were executed at prices around $28 per share, according to the Form 4 filing.
On what dates did the 22NW Fund sales of FOSTER L B CO stock occur?
The reported FOSTER L B CO stock sales occurred on March 23, 24, and 25, 2026. Across these three trading days, 22NW Fund, LP executed open-market dispositions of common shares at various prices, as detailed in the Form 4 transaction table.
Who are the reporting persons in the FSTR Form 4 filed with 22NW Fund?
The Form 4 lists 22NW Fund, LP, 22NW, LP, 22NW Fund GP, LLC, 22NW GP, Inc., and Aron English as reporting persons. The filing explains their investment manager and general partner relationships and notes that each disclaims beneficial ownership beyond their pecuniary interest.