LIPPARD GREGORY W 4/A

What Happened

• Gregory W. Lippard, SVP – Rail at Foster L B Co. (FSTR), received 13,899 shares on 2026-02-19 from the settlement/vesting of performance- and restricted-stock unit awards (reported as acquisitions, code A). To cover tax withholding on the vesting, 8,735 shares were disposed (code F) at $31.13 each, generating a tax-withholding value of $271,877. Net increase in Lippard’s holdings from these events is 5,164 shares (13,899 acquired − 8,735 withheld).
• These awards arise from the company’s long-term incentive plans (performance share units and PRSUs) covering multiple performance cycles; some awards are settled immediately while others are noted to settle at the end of later performance periods per the filing footnotes.

Key Details

• Transaction date: 2026-02-19. Awarded shares reported at $0.00 (grant/settlement); 8,735 shares withheld/disposed at $31.13 each for taxes = $271,877.
• Net change to holdings from these transactions: +5,164 shares.
• Notable footnotes: awards are from various LTIP cycles (e.g., 2023–2025, 2024–2026, 2025–2027) and include performance-based RSUs/PSUs; some awards will settle only after future certification (see filing footnotes).
• Filing status: This is an amended Form 4 (filed 2026-03-09) correcting the number of shares withheld to pay taxes; the amendment notes a prior Form 4 filed on 2/18/2026.

Context

• These were compensation-related awards (not open-market purchases or sales); the withholding of shares for taxes (code F) is a routine, administrative disposal. Such filings signal executive compensation activity rather than a direct bullish or bearish trade signal.
• For retail investors: awards increase insider holdings but are tied to company performance plans and periodic certification; tax-withholding disposals are common and do not imply a voluntary sale.