FOSTER L B CO exec reports stock awards, tax shares
FOSTER L B CO senior vice president Robert Ness reported equity compensation changes.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,585 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,947 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 764 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 3,422 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 5,281 | $31.125 | $164K |
Footnotes (9)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. 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.
- F8. 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.
- F9. 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
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What insider transactions did FSTR executive Robert Ness report in this Form 4?
What types of equity awards are involved in Robert Ness’s FSTR Form 4?
How are future FSTR performance restricted stock units for Robert Ness expected to settle?
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