22NW, LP 4
4 · FOSTER L B CO · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Foster L B Co (FSTR) 10% Owner Aron English Sells 5,124 Shares
What Happened
- Aron English, reported as a 10% owner (through affiliated entities), sold 5,124 shares of Foster L B Co (FSTR) in open-market transactions on March 4, 2026. The weighted average sale price was $31.99, for total proceeds of approximately $163,907.
Key Details
- Transaction date: March 4, 2026; Form 4 filed March 6, 2026 (timely filing).
- Price range: shares were sold at prices between $31.50 and $32.125; weighted average $31.99 (footnote indicates multiple transactions).
- Shares disposed: 5,124 (all sales; Form 4 code "S").
- Post-transaction holdings: the excerpt does not state the exact number of shares owned after the sale; footnotes indicate the reporting persons collectively beneficially own more than 10% of the company.
- Notable footnotes:
- F1: This Form 4 is filed jointly by 22NW Fund, LP and related entities and Aron English; they may be part of a Section 13(d) group and disclaim beneficial ownership except for pecuniary interest.
- F2: Represents a weighted average price; full per-trade counts/prices are available from the filers on request.
- F3: Describes how ownership is held via 22NW Fund and common control/manager relationships.
- No 10b5-1 trading plan, gift, option exercise, or tax-withholding notation is indicated in the provided filing excerpt.
Context
- This was a sale (liquidity-taking) by an institutional/insider group associated with Aron English rather than a typical executive purchase; sales are often routine and don't necessarily signal a change in outlook. The filing shows multiple open-market trades; the filers offer to provide exact per-trade details on request.
Insider Transaction Report
Form 4
FOSTER L B COFSTR
English Aron R.
10% Owner
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-03-04$31.99/sh−5,124$163,907→ 1,185,922 total(indirect: By: 22NW Fund, LP)
Holdings
- 905
Common Stock
[F1]
Footnotes (3)
- [F1]This Form 4 is filed jointly by 22NW Fund, LP ("22NW Fund"), 22NW, LP ("22NW"), 22NW Fund GP, LLC ("22NW GP"), 22NW GP, Inc. ("22NW Inc.") and Aron English (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
- [F2]Represents a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.5000 to $32.1250, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold in each transaction.
- [F3]Securities owned directly by 22NW Fund. As the investment manager to 22NW Fund, 22NW may be deemed to beneficially own the securities owned directly by 22NW Fund. As the general partner of 22NW Fund, 22NW GP may be deemed to beneficially own the securities owned directly by 22NW Fund. As the general partner of 22NW, 22NW Inc. may be deemed to beneficially own the securities owned directly by 22NW Fund. Mr. English, as the Portfolio Manager of 22NW, Manager of 22NW GP and President and sole shareholder of 22NW Inc., may be deemed to beneficially own the securities owned directly by 22NW Fund.