LIPPARD GREGORY W 4/A

What Happened

• Gregory W. Lippard, SVP – Rail at Foster L B Co, had shares withheld to cover taxes related to the vesting of restricted stock. On 2026-02-13, 765 shares were withheld at $31.63 ($24,197). On 2026-02-14, 1,340 shares were withheld at $31.63 ($42,384). Combined, 2,105 shares were withheld, totaling $66,581.
• This is a tax-withholding disposition (code F), a routine non-market sale to satisfy tax withholding obligations—not an open-market sale or a purchase.

Key Details

• Transaction dates and price: 2026-02-13 (765 shares @ $31.63 = $24,197); 2026-02-14 (1,340 shares @ $31.63 = $42,384).
• Shares owned after transaction: Not specified in the provided summary—see the full Form 4 for the insider’s post-transaction holdings.
• Footnotes of note:
  • F1: Shares were withheld to pay taxes on restricted stock vesting from the 2024–2026 LTIP (awarded 5/23/2024).
  • F2: Includes 1,749 Performance RSUs earned under the 2024–2026 LTIP; those will settle 12/31/2026 upon Compensation Committee certification.
  • F3: Includes 13,227 Performance RSUs earned under the 2023–2025 LTIP; those will settle 12/31/2025 upon certification.
  • F4: This is an amended Form 4 filed 2026-03-09 to correct the number of shares withheld for taxes related to the 2023–2025 LTIP.
• Filing status: Amended filing (corrects withheld-share count). Consult the Form 4 for any timeliness flags or additional details.

Context

• Tax-withholding dispositions (code F) are routine: the company withholds a portion of vested shares to satisfy tax liabilities. These transactions do not represent an open-market sale or insider “taking money off the table” in the usual sense.
• The footnotes show the insider has earned performance-based RSUs that will settle at the end of their respective performance periods—those future settlements depend on formal certification and do not imply immediate stock transfers.