22NW, LP 4

What Happened

• Aron R. English (reported as a 10% owner through the 22NW group) sold a total of 107,019 Foster L B Co (FSTR) shares in open-market transactions between March 23–25, 2026, generating approximately $3.04 million in proceeds.
• Trade breakdown: Mar 23 — 78,414 shares @ $28.51 = $2,235,607; Mar 24 — 25,889 shares @ $28.19 = $729,718; Mar 25 — 2,716 shares @ $28.09 = $76,282. These are outright sales (code S on the Form 4).

Key Details

• Dates & prices: Mar 23–25, 2026; reported per-trade weighted average prices shown above. Filing footnotes state the shares were sold in multiple transactions at prices ranging roughly from $28.00 to $29.00; the filers can provide per-transaction detail on request.
• Ownership after trade: Not specified in the excerpt provided here (the full Form 4 may list post-transaction holdings).
• Reporting group: The Form 4 is filed jointly by 22NW Fund, LP; 22NW, LP; 22NW Fund GP, LLC; 22NW GP, Inc.; and Aron English. The group may be deemed a Section 13(d) group that beneficially owns >10% of the company (footnote disclosure).
• Timeliness: Form 4 was filed March 25, 2026 covering trades through March 25 — appears to be filed timely under Form 4 rules.
• Transaction type: Straight sales (no options exercised, no awards, no gifts).

Context

• Aron English’s activity is reported as part of an investment fund/group (22NW), so these sales reflect institutional/group holdings rather than a corporate officer’s compensation action. The filing is factual and does not state a motive; sales by large holders can reflect portfolio rebalancing, tax planning, or other non-operational reasons.