KASEL JOHN F 4

What Happened John F. Kasel, President, Chief Executive Officer and a director of Foster L B Co (FSTR), had 4,102 shares withheld on May 22, 2026 to satisfy tax obligations tied to the vesting of restricted stock. The filing lists the shares at $38.11 each for a value of $156,327; the transaction is reported as a disposal (Form 4 code F — tax withholding).

Key Details

• Transaction date and price: May 22, 2026 — 4,102 shares at $38.11 each (total $156,327). Transaction code F = shares withheld for taxes.
• Filing date: May 27, 2026 (appears to be filed one business day after the typical 2-business-day Form 4 window).
• Shares owned after the transaction: Not specified in this Form 4.
• Footnotes of note:
  • F1: Shares withheld to pay taxes applicable to the vesting of restricted stock from the 2025–2027 LTIP awarded 5/22/2025.
  • F2: Filing discloses 19,316 Performance Restricted Stock Units earned under the 2024–2026 LTIP (to settle after the performance period on 12/31/2026, pending Compensation Committee certification).
  • F3: Filing also includes 4,754 Performance Restricted Stock Units earned under the 2025–2027 LTIP (to settle after 12/31/2027, pending certification).

Context This was a routine tax-withholding disposition tied to the vesting of restricted stock — common when executives receive awards and taxes are satisfied by withholding shares rather than a cash payment. Withheld shares are not an open-market sale and do not necessarily indicate the insider’s view of the stock. The PRSUs mentioned are performance awards that will convert to shares only after the applicable performance periods and Committee certification. The apparent one-day delay in filing is noted; investors tracking insider timeliness may want to watch for any amendment.