FOSTER L B CO·4/A

Mar 9, 3:44 PM ET

KASEL JOHN F 4/A

4/A · FOSTER L B CO · Filed Mar 9, 2026

Research Summary

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Foster L. B. (FSTR) CEO John F. Kasel Withholds Shares for Taxes

What Happened

  • John F. Kasel, President & Chief Executive Officer and Director of Foster L. B. (FSTR), had a total of 8,290 shares disposed (withheld) to pay tax liabilities related to vested restricted stock. The disposals occurred at $31.63 per share: 2,907 shares on 2026-02-13 ($91,948) and 5,383 shares on 2026-02-14 ($170,264), totaling approximately $262,212. These transactions are tax-withholding dispositions (SEC code F), not open-market sales for investment purposes.

Key Details

  • Transaction dates and amounts:
    • 2026-02-13: 2,907 shares withheld @ $31.63 = $91,948
    • 2026-02-14: 5,383 shares withheld @ $31.63 = $170,264
  • Total shares withheld: 8,290; total value ≈ $262,212.
  • Filing: This is an amended Form 4 (filed 2026-03-09) correcting shares withheld to pay taxes; prior amendments were made (see footnotes). The amendment notes corrections related to LTIP and PSU tax-withholding calculations.
  • Notable footnotes (summary):
    • F1: Amendment corrects shares withheld for taxes on 2024–2026 LTIP (awarded 5/23/2024).
    • F2: Earlier amendment (2/20/2026) corrected beneficial ownership and withholding for 50% of a performance award (granted 3/31/2021, earned 2/11/2026).
    • F3/F4: References to performance RSUs earned under 2023–2025 and 2024–2026 LTIPs that will settle upon committee certification.
    • F5: Withholding related to 2023–2025 LTIP awards.
  • Shares owned after the withholding are not explicitly stated in this amendment; the filing corrects prior beneficial ownership figures but does not show a specific post-transaction total in the text provided.

Context

  • Code F transactions are routine tax-withholding events when restricted stock or performance units vest; they do not necessarily indicate a decision to liquidate holdings for investment reasons. This filing amends earlier filings to correct withholding and beneficial-ownership details; no late-filing flag is indicated in the amendment itself.

Insider Transaction Report

Form 4/AAmended
Period: 2026-02-13
KASEL JOHN F
DirectorPresident & Chief Exec Officer
Transactions
  • Tax Payment

    Common Stock

    [F1][F2][F3][F4]
    2026-02-13$31.63/sh2,907$91,948222,633 total
  • Tax Payment

    Common Stock

    [F5][F3][F4]
    2026-02-14$31.63/sh5,383$170,264217,250 total
Holdings
  • Common Stock

    (indirect: By 401(k))
    13,908
Footnotes (5)
  • [F1]This amendment was filed to correct the shares withheld to pay taxes applicable to the vesting of restricted stock related to the 2024-2026 LTIP awarded on 5/23/24.
  • [F2]An amendment to the original Form 4 was filed on 2/20/2026 to correct the number of shares beneficially owned to reflect the amendment made to the Form 4 originally filed on 2/12/2026. The amendment to the Form 4 was filed on 2/20/2026 to correct the number of shares withheld to pay taxes applicable to 50 percent of the Performance-based stock unit award granted on 3/31/2021 and earned on 2/11/2026.
  • [F3]Includes 58,202 Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023; those 58,202 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2025, upon certification by the Compensation Committee.
  • [F4]Includes 7,632 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 7,632 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification of the Compensation Committee.
  • [F5]Shares withheld to pay taxes applicable to the vesting of restricted stock related to the 2023-2025 LTIP awarded on 2/14/23.
Signature
/s/ John F. Kasel by Judith Balog, attorney-in-fact|2026-03-09

Documents

1 file
  • 4
    wk-form4a_1773085449.xml

    FORM 4/A