Equity awards and tax share withholding for FOSTER L B CO (FSTR) SVP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FOSTER L B CO senior vice president Robert Ness reported equity compensation changes. He acquired a total of 9,718 shares of common stock through grants and earned performance-based awards on February 19, 2026, and had 5,281 shares withheld at $31.125 per share to cover taxes. After these transactions, he directly owned 33,139 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Ness Robert
Role
SVP, Precast Concrete Products
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,585 | $0.00 | -- |
| Grant/Award | Common Stock | 1,947 | $0.00 | -- |
| Grant/Award | Common Stock | 764 | $0.00 | -- |
| Grant/Award | Common Stock | 3,422 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,281 | $31.125 | $164K |
Holdings After Transaction:
Common Stock — 32,287 shares (Direct)
Footnotes (1)
- Represents the number of shares of common stock resulting from Performance Share Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023 upon certification of performance results by the Compensation Committee at 47.2% for the annual period ended December 31, 2025. Includes 11,522 shares of common stock resulting from the settlement of Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023; those 11,522 Performance Restricted Stock Units settled at the end of the 2023-2025 performance period upon certification by the Compensation Committee on 2/19/2026. Includes 1,272 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 1,272 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification of the Compensation Committee. Represents the number of Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024 upon certification of performance results by the Compensation Committee at 39.5% for the annual period ended December 31, 2025. The earned Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification by the Compensation Committee. 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. Represents the number of Performance Restricted Stock Units earned under the 2025-2027 Long Term Incentive Plan granted on 5/22/2025 upon certification of performance results by the Compensation Committee at 11.2% for the annual period ended December 31, 2025. The earned Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2027, upon certification by the Compensation Committee. 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. Award of restricted stock units (RSUs), which are settled in stock upon vesting, and generally will vest ratably over a three-year period on the first, second, and third anniversary of the date of grant. Shares withheld to pay taxes upon the vesting and settlement of all earned performance shares related to the 2023-2025 LTIP awarded on 2/14/2023.
FAQ
What insider transactions did FSTR executive Robert Ness report in this Form 4?
Robert Ness reported multiple equity compensation transactions, receiving grants and earned performance-based common shares and having some shares withheld for taxes. All reported transactions involved company common stock and occurred on February 19, 2026, reflecting routine long-term incentive plan activity and related tax settlement.
What types of equity awards are involved in Robert Ness’s FSTR Form 4?
The filing involves performance share units, performance restricted stock units, and restricted stock units under the company’s 2023–2025, 2024–2026, and 2025–2027 Long Term Incentive Plans. Some awards settle in stock after performance periods end and Compensation Committee certification occurs.
How are future FSTR performance restricted stock units for Robert Ness expected to settle?
Certain performance restricted stock units from the 2024–2026 and 2025–2027 long-term incentive plans will settle in stock at the end of their performance periods. Settlement depends on Compensation Committee certification of results for periods ending December 31, 2026 and December 31, 2027, respectively.