THALMAN WILLIAM M 4

What Happened
William M. Thalman, Executive Vice President & Chief Financial Officer of Foster L B Co (FSTR), had 1,178 shares withheld on 2026-05-22 to satisfy tax obligations related to the vesting of restricted stock. The withheld shares were recorded at $38.11 each, for a total value of $44,894. This is a tax-withholding disposition (code F), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-05-22; Filing date: 2026-05-27 (filed within standard reporting window).
• Price per share: $38.11; Shares withheld/disposed: 1,178; Total value: $44,894.
• Shares owned after transaction: not specified in the filing.
• Footnote F1: Shares were withheld to pay taxes on vesting of restricted stock from the 2025–2027 LTIP awarded on 5/22/2025.
• Footnote F2: Filing includes 1,358 Performance RSUs earned under the 2025–2027 LTIP; those will settle at the end of the performance period (12/31/2027) upon Compensation Committee certification.
• Footnote F3: Filing includes 6,036 Performance RSUs earned under the 2024–2026 LTIP; those will settle at the end of the performance period (12/31/2026) upon Compensation Committee certification.

Context

• Tax-withholding dispositions (code F) are routine: the company retains/shares are withheld to satisfy tax liabilities on vested awards and do not necessarily signal an intent to reduce ownership or indicate market sentiment.
• The filing references earned Performance RSUs that will settle only after the applicable performance period ends and upon committee certification, so additional shares may transfer later depending on certification outcomes.