THALMAN WILLIAM M 4/A

What Happened

• William M. Thalman, EVP & CFO of Foster L. B. Co. (FSTR), was credited with multiple performance-based stock awards on 2026-02-19 (totaling 19,671 shares in the listed grants: 8,365; 3,651; 1,358; 6,297). On the same date 11,746 shares were disposed of to cover tax obligations at a price of $31.13 per share, generating proceeds of $365,594. The acquisitions are recorded at $0.00 because they were awards/grants (Form 4 code A); the disposal is recorded under code F (payment of tax liability).

Key Details

• Transaction date: 2026-02-19.
• Awards (code A): 8,365; 3,651; 1,358; and 6,297 shares granted at $0.00 (total listed = 19,671 shares).
• Tax withholding/disposal (code F): 11,746 shares disposed at $31.13 each, total $365,594.
• Shares owned after transaction: not specified in the excerpt here—see the full Form 4 for the insider’s reported beneficial ownership.
• Notable footnotes:
  • These awards relate to Performance Share Units/Performance Restricted Stock Units (PRSUs) under the company’s 2023–2025, 2024–2026 and 2025–2027 LTIP cycles; some awards settled upon certification of results and some PRSUs will settle at later performance-period ends (see footnotes F1–F9).
  • Footnote F10 confirms shares were withheld to pay taxes on vesting/settlement.
  • Footnote F4: this is an amended Form 4 filed 2026-03-09 to correct the number of shares withheld for taxes; the Form 4 was originally filed earlier (see filing history for timing details).

Context

• The disposal here (code F) reflects shares withheld/sold to satisfy tax withholding on awarded/vested PRSUs—not an open-market sell motivated by investment views. Awards are performance-based; some PRSUs already settled (per footnotes) while others will settle at future performance-period ends and may be subject to future certification and withholding.