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FOSTER L B CO·4

Feb 23, 4:13 PM ET

REILLY SEAN M 4

4 · FOSTER L B CO · Filed Feb 23, 2026

Research Summary

AI-generated summary of this filing

Updated

FOSTER L B CO (FSTR) Controller Sean Reilly Receives Award, Withholds Shares

What Happened

  • Sean M. Reilly, Controller of Foster L. B. Co. (FSTR), received 6,847 shares through awards/settlements of performance share units and restricted stock units on 2026-02-19 (four separate awards at $0.00). To cover tax withholding upon settlement, 4,308 shares were surrendered/withheld at $31.13 per share, representing $134,087 in value. Net shares retained from these events = 2,539 shares.

Key Details

  • Transaction date: 2026-02-19; Form 4 filed: 2026-02-23 (filed within standard two business days).
  • Grant/settlement (code A): 2,987 + 1,315 + 492 + 2,053 = 6,847 shares acquired at $0.00.
  • Tax payment/withholding (code F): 4,308 shares disposed at $31.13 each = $134,087.
  • Shares owned following the transactions: Not specified in the provided filing excerpts.
  • Notable footnotes: awards consist of Performance Share Units (PSUs) and Performance Restricted Stock Units (PRSUs) from the 2023–2025, 2024–2026 and 2025–2027 LTIP cycles (certification levels cited for certain cycles: e.g., 47.2% for 2023–2025 PSUs; 39.5% and 11.2% for parts of other cycles). Some grants are time-based RSUs that vest ratably over three years. Footnote F9 confirms shares were withheld to pay taxes on the 2023–2025 LTIP settlement.
  • Transaction codes: A = award/grant (acquisition); F = payment of exercise price or tax liability (withholding).

Context

  • This filing reflects award settlements and routine tax-withholding, not an open-market sale or a purchase signal. Withheld/disposed shares were used to satisfy tax obligations on vested performance awards rather than to monetize shares through a market sale.

Insider Transaction Report

Form 4
Period: 2026-02-19
FOSTER L B COFSTR
REILLY SEAN M
Controller
Transactions
  • Award

    Common Stock

    [F1][F2][F3]
    2026-02-19+2,987→ 30,005 total
  • Award

    Common Stock

    [F4][F2][F5]
    2026-02-19+1,315→ 31,320 total
  • Award

    Common Stock

    [F6][F2][F5][F7]
    2026-02-19+492→ 31,812 total
  • Award

    Common Stock

    [F8][F2][F5][F7]
    2026-02-19+2,053→ 33,865 total
  • Tax Payment

    Common Stock

    [F9][F5][F7]
    2026-02-19$31.13/sh−4,308$134,087→ 29,557 total
Holdings

  • Common Stock

    (indirect: By 401(k))
    1,013
Footnotes (9)
  • [F1]Represents the number of shares of common stock resulting from Performance Share Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023 upon certification of performance results by the Compensation Committee at 47.2% for the annual period ended December 31, 2025.
  • [F2]Includes 9,601 shares of common stock resulting from the settlement of Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023; those 9,601 Performance Restricted Stock Units settled at the end of the 2023-2025 performance period upon certification by the Compensation Committee on 2/19/2026.
  • [F3]Includes 859 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 859 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification by the Compensation Committee.
  • [F4]Represents the number of Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024 upon certification of performance results by the Compensation Committee at 39.5% for the annual period ended December 31, 2025. The earned Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification by the Compensation Committee.
  • [F5]Includes 2,174 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 2,174 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification of the Compensation Committee.
  • [F6]Represents the number of Performance Restricted Stock Units earned under the 2025-2027 Long Term Incentive Plan granted on 5/22/2025 upon certification of performance results by the Compensation Committee at 11.2% for the annual period ended December 31, 2025. The earned Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2027, upon certification by the Compensation Committee.
  • [F7]Includes 492 Performance Restricted Stock Units earned under the 2025-2027 Long Term Incentive Plan granted on 5/22/2025; those 492 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2027, upon certification by the Compensation Committee.
  • [F8]Award of restricted stock units (RSUs), which are settled in stock upon vesting, and generally will vest ratably over a three-year period on the first, second, and third anniversary of the date of grant.
  • [F9]Shares withheld to pay taxes upon the vesting and settlement of all earned performance shares related to the 2023-2025 LTIP awarded on 2/14/2023.
Signature
Sean M. Reilly by Judith Balog, attorney-in-fact|2026-02-23

Documents

1 file
  • 4
    wk-form4_1771881229.xmlPrimary

    FORM 4