FOSTER L B CO SVP reports tax-withheld shares
FOSTER L B CO senior vice president Sara Fay Rolli reported routine share dispositions related to tax withholding on vested equity awards.
Rhea-AI Filing Summary
FOSTER L B CO senior vice president Sara Fay Rolli reported routine share dispositions related to tax withholding on vested equity awards. On two dates, she surrendered a total of 265 shares of common stock at a price of $31.63 per share to cover tax liabilities tied to restricted stock vesting under the company’s long-term incentive plans. After these non-market transactions, she directly owns 7,332 common shares, a figure that includes performance-based restricted stock units earned under the 2023–2025 and 2024–2026 Long Term Incentive Plans that are scheduled to settle after their respective performance periods end.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 153 | $31.63 | $5K |
| Exercise Price or Tax Liability | Common Stock | 112 | $31.63 | $4K |
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 2,116 Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023; those 2,116 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 382 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 382 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 did FOSTER L B CO executive Sara Fay Rolli report on this Form 4 for FSTR?
Are the FSTR Form 4 transactions by Sara Fay Rolli open-market sales or tax withholding?
AI-generated analysis. How Rhea-AI works. Not financial advice.