THALMAN WILLIAM M 4

What Happened

• William M. Thalman, EVP & CFO of Foster L. B. Co. (FSTR), had 1,667 performance-based stock units convert into common shares on 2026-02-11 (reported 2026-02-12). The filing shows an acquisition of 1,667 shares at $0 (vesting/conversion). The filing also reports dispositions: 1,667 shares disposed at $31.54 for $52,577 (reported as a derivative transaction) and 829 shares disposed at $31.54 for $26,147 to cover tax withholding.
• This appears to be a vesting/conversion of performance-based units with immediate share disposition/withholding rather than an open-market purchase (so not a straightforward bullish purchase).

Key Details

• Transaction date: February 11, 2026; Form 4 filed February 12, 2026 (timely filing).
• Reported amounts/prices: 1,667 shares acquired at $0.00; 1,667 shares disposed at $31.54 (total $52,577); 829 shares withheld/disposed at $31.54 (total $26,147).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes of note:
  • F1/F4: The 1,667 shares represent 50% of a performance-based stock unit award granted 03/31/2021 that was earned on 02/11/2026; the award vests subject to a prior $30 30-day average price condition and continued employment.
  • F2/F3: Filing also references other performance restricted stock units (PRSU) from 2023–2025 and 2024–2026 plans that will settle upon committee certification at the end of their performance periods.
• Transaction codes explained: M = option/derivative exercise or conversion (vesting of performance units); F = shares withheld to satisfy tax withholding.

Context

• For retail investors: this is not an open-market purchase signal. It reflects vesting/conversion of performance-based units and partial share disposition/withholding to satisfy taxes (common “sell-to-cover” behavior).
• The filing is factual and timely; it documents compensation-related issuance and withholding rather than a personal investment decision.