THALMAN WILLIAM M 4/A

What Happened

• William M. Thalman, EVP & CFO of Foster L. B. Co. (FSTR), had 1,667 performance-based stock units convert/settle on 2026-02-11 (acquired at $0.00 per share).
• On the same date 817 shares were withheld to cover tax withholding (disposed at $31.54 each, totaling $25,768) and 1,667 shares were sold/disposed at $31.54 each for proceeds of $52,577. This reflects settlement of a 3/31/2021 PSU grant tied to a $30 30-day average price target.

Key Details

• Transaction date: 2026-02-11. Prices reported: acquisition at $0.00; tax withholding/sales at $31.54/share.
• Proceeds/withholding: sale proceeds $52,577; shares withheld for taxes valued at $25,768.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1–F5 note this is 50% of a 3,333-share PSU grant from 3/31/2021 that vested when the 30-day average reached $30; F4 states this Form 4 was amended to correct the number of shares withheld for taxes. F2–F3 reference additional performance RSUs from later grants included in the officer’s holdings.
• Codes: M = exercise/conversion of derivative (PSU settlement); F = shares withheld to pay taxes.
• Filing status: This is an amended Form 4 (correction to withholding), as disclosed in the filing.

Context

• These entries reflect a PSU settlement (not an open-market buy). The conversion generated shares, some of which were withheld to satisfy tax obligations and some sold—common, routine actions when equity awards vest.
• The underlying PSU was performance-based (granted 3/31/2021) and had a time/performance condition tied to a $30 average price; it expires 02/28/2026. The transactions do not by themselves indicate insider sentiment beyond routine vesting and tax-related sales.