22NW, LP 4
Research Summary
AI-generated summary
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.