KASEL JOHN F 4/A

What Happened
John F. Kasel, President, Chief Executive Officer and a director of Foster L. B. Co. (FSTR), received several restricted/performance stock unit settlements on Feb 19, 2026 (four award lines totaling 63,261 shares) that were granted at $0.00 (awards). To satisfy tax withholding on the vesting/settlement, 36,746 shares were surrendered/withheld at a price of $31.13 per share, with a reported value of $1,143,719. This filing is an amendment to a previously filed Form 4 to correct the number of shares withheld for taxes.

Key Details

• Transaction date: 2026-02-19 (reported on an amended Form 4 filed 2026-03-09).
• Awards: four grant/settlement lines totaling 63,261 shares acquired at $0.00 (award/settlement).
• Tax withholding: 36,746 shares disposed (code F) at $31.13 = $1,143,719 withheld to pay taxes.
• Filing status: Amended Form 4 (filed 3/09/2026) to correct withholding/share counts per footnote F4.
• Footnotes: Awards reflect settled Performance/Restricted Stock Units under LTIP plans (2023–2025, 2024–2026, 2025–2027); one performance result certified at 47.2% for 2023–2025 (see F1/F3).
• Shares owned after transaction: Not specified in the excerpt provided; the amendment states it corrects beneficial ownership numbers on the original filing.

Context

• These were awards/settlements of LTIP Performance Restricted Stock Units (PSUs/RSUs), not open-market purchases or discretionary sales. Awarded shares have a $0 acquisition price because they are compensation grants.
• The 36,746-share disposition is a routine tax-withholding event (cashless settlement/withholding), not an intentional market sale for investment purpose.
• Amended filing suggests a correction to previously reported withholding/ownership; investors should consult the full amended Form 4 for precise post-transaction ownership and complete footnote details.