REILLY SEAN M 4/A
4/A · FOSTER L B CO · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Foster L.B. (FSTR) Controller Sean Reilly Receives Award, Withholds Shares
What Happened
- Sean M. Reilly, Controller of Foster L. B. Co. (FSTR), received several equity awards that settled on 2026-02-19 totaling 6,847 shares (awarded at $0.00 per share). To cover tax withholding on the vesting/settlement, 4,308 shares were withheld/disposed at $31.13 per share, producing cash of $134,087. This Form 4 is an amended filing to correct the number of shares withheld to pay taxes.
Key Details
- Transaction date: 2026-02-19 (reported on amended Form 4 filed 2026-03-09).
- Awards (acquisitions, code A): 2,987; 1,315; 492; and 2,053 shares (total 6,847) recorded at $0.00.
- Tax withholding (disposition, code F): 4,308 shares withheld @ $31.13 = $134,087.
- Shares owned after transaction: Not specified in the provided extract; the Form 4 was amended to correct beneficial ownership and the number of shares withheld.
- Notable footnotes:
- Awards arise from Performance Share / Performance Restricted Stock Units under multi-year LTIP grants (2023–2025, 2024–2026, 2025–2027); some awards settled upon certification of performance, others will settle at future performance-period ends.
- The amendment (filed 3/09/2026) corrected the number of shares withheld to pay taxes related to prior restricted stock vesting.
Context
- This is compensation-related activity (awarded/settled restricted/performance shares) rather than an open-market purchase or discretionary sale. The withholding of shares to cover taxes (code F) is a routine administrative step and not a directional buy/sell signal by the insider.
- Award entries (code A) are recorded at $0.00 because they reflect grant/settlement of RSUs/PSUs, not cash purchases.
Insider Transaction Report
Form 4/AAmended
FOSTER L B COFSTR
REILLY SEAN M
Controller
Transactions
- Award
Common Stock
[F1][F2][F3][F4]2026-02-19+2,987→ 29,931 total - Award
Common Stock
[F5][F3][F6]2026-02-19+1,315→ 31,246 total - Award
Common Stock
[F7][F3][F6][F8]2026-02-19+492→ 31,738 total - Award
Common Stock
[F9][F3][F6][F8]2026-02-19+2,053→ 33,791 total - Tax Payment
Common Stock
[F10][F6][F8]2026-02-19$31.13/sh−4,308$134,087→ 29,483 total
Holdings
- 1,013(indirect: By 401(k))
Common Stock
Footnotes (10)
- [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.
- [F10]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.
- [F2]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.
- [F3]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.
- [F4]This amended Form 4 was filed to correct the number of shares beneficially owned to reflect the amendment made to the Form 4 originally filed on 2/18/2026. The amendment to the Form 4 was filed on 3/09/2026 to correct the number of shares withheld to pay taxes applicable to the vesting of restricted stock on 2/14/2026.
- [F5]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.
- [F6]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.
- [F7]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.
- [F8]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.
- [F9]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.
Signature
Sean M. Reilly by Judith Balog, attorney-in-fact|2026-03-09