REILLY SEAN M 4
Research Summary
AI-generated summary
Foster L. B. (FSTR) SVP/CFO Sean Reilly Receives RSU Award
What Happened
- Sean M. Reilly, SVP and Chief Financial Officer of Foster L. B. Co. (FSTR), was granted 895 restricted stock units (RSUs) on 2026-06-01. The reported acquisition price is $0.00, so the immediate cash value recorded for the grant is $0. These RSUs are awards — not a market purchase or sale — and represent compensation that will convert to company shares if and when they vest.
Key Details
- Transaction date: 2026-06-01; transaction type: Award/Grant (code A); 895 RSUs @ $0.00 (total $0 reported).
- Filing date: 2026-06-03 (Form 4 accession 0001284955-26-000012).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes of note:
- F1: The 895 RSUs will settle in stock and generally vest ratably over three years on the first, second and third anniversaries of the grant.
- F2: The filing also references 2,174 Performance RSUs earned under the 2024–2026 LTIP (granted 5/23/2024) that will settle at the end of the performance period on 12/31/2026 upon Compensation Committee certification.
- F3: It also references 492 Performance RSUs earned under the 2025–2027 LTIP (granted 5/22/2025) that will settle on 12/31/2027 upon certification.
- No tax-withholding or share-surrender details are shown in the excerpt; no late-filing flag was provided in the summary data.
Context
- RSU awards are a form of equity compensation that convert to shares only after vesting; they do not represent an immediate cash investment by the insider and are generally routine compensation. Performance RSUs noted (F2/F3) depend on achievement of performance goals and committee certification before they settle. This award should be viewed as a compensation grant, not a direct bullish or bearish trade signal.