KASEL JOHN F 4

What Happened

• John F. Kasel, President & Chief Executive Officer and a director of Foster L. B. Co. (FSTR), had shares withheld to cover tax obligations arising from the vesting of restricted stock. On Feb 13, 2026, 3,076 shares were withheld at $31.63 each ($97,294). On Feb 14, 2026, 5,383 shares were withheld at $31.63 each ($170,264). Together, 8,459 shares were disposed to satisfy withholding obligations (total ≈ $267,558).
• This was a tax-withholding disposition (code F), not an open-market sale or a purchase.

Key Details

• Transaction dates and prices: Feb 13, 2026 — 3,076 shares @ $31.63; Feb 14, 2026 — 5,383 shares @ $31.63.
• Total value withheld: ≈ $267,558.
• Shares owned after the transactions: not disclosed in the filing.
• Footnotes explain the withholding: the withheld shares relate to restricted stock vesting under the company’s long-term incentive plans (2023–2025 and 2024–2026 LTIPs). The filing also notes 58,202 performance RSUs earned under the 2023–2025 LTIP and 7,632 performance RSUs earned under the 2024–2026 LTIP; those PRSUs settle at the end of their respective performance periods upon Compensation Committee certification.
• Transaction code F indicates shares were withheld to satisfy tax withholding; this is a routine administrative disposition.
• Filing: Form 4 filed Feb 18, 2026 (appears to be timely relative to the transaction dates).

Context

• Tax-withholding disposals are routine when restricted shares vest and do not necessarily reflect the insider’s market view. They are different from open-market sales (which may indicate selling) and purchases (which may be considered more bullish).
• For derivative/award-driven moves like this, the key takeaway for investors is that shares were surrendered to cover tax liabilities on vested awards, and that a substantial number of PRSUs from recent LTIPs remain subject to settlement and committee certification.