Foster L B EVP reports tax share dispositions
FOSTER L B CO executive Patrick J. Guinee reported tax-related share withholdings tied to vesting long-term incentives.
Rhea-AI Filing Summary
FOSTER L B CO executive Patrick J. Guinee reported tax-related share withholdings tied to vesting long-term incentives. On February 13 and 14, he disposed of 928 and 1,479 common shares, respectively, at $31.63 per share to cover tax liabilities on restricted stock.
After these tax-withholding dispositions, he directly holds 81,156 common shares. This figure includes 15,874 performance restricted stock units from the 2023–2025 plan, settling after December 31, 2025, and 2,194 units from the 2024–2026 plan, settling after December 31, 2026, subject to Compensation Committee certification.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,479 | $31.63 | $47K |
| Exercise Price or Tax Liability | Common Stock | 928 | $31.63 | $29K |
Footnotes (4)
- F1. Shares withheld to pay taxes applicable to the vesting of restricted stock related to the 2024-2026 LTIP awarded on 5/23/24.
- F2. Includes 15,874 Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023; those 15,874 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2025, upon certification by the Compensation Committee.
- F3. Includes 2,194 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 2,194 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification by the Compensation Committee.
- F4. Shares withheld to pay taxes applicable to the vesting of restricted stock related to the 2023-2025 LTIP awarded on 2/14/23.
FAQ
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What insider transaction did FSTR executive Patrick J. Guinee report?
Were the FSTR Form 4 transactions open-market stock sales?
What performance restricted stock units are included in Guinee’s FSTR holdings?
What long-term incentive plans are referenced in the FSTR Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.