FOSTER L B CO·4/A

Mar 9, 3:53 PM ET

Guinee Patrick J. 4/A

4/A · FOSTER L B CO · Filed Mar 9, 2026

Research Summary

AI-generated summary of this filing

Updated

Foster (FSTR) EVP Patrick Guinee Withholds 2,435 Shares for Taxes

What Happened
Patrick J. Guinee, EVP, General Counsel & Secretary of Foster L. B. Co. (FSTR), had a total of 2,435 shares withheld to pay taxes on vested restricted stock. The withholding occurred in two tranches: 928 shares on 2026-02-13 at $31.63 ($29,353) and 1,507 shares on 2026-02-14 at $31.63 ($47,666), for a combined value of approximately $77,019. These dispositions are tax-withholding events (transaction code F), not open-market sales driven by trading decisions.

Key Details

  • Transaction dates and prices:
    • 2026-02-13: 928 shares withheld @ $31.63 = $29,353
    • 2026-02-14: 1,507 shares withheld @ $31.63 = $47,666
  • Total shares withheld: 2,435; total value ≈ $77,019.
  • Shares owned after the transaction: not specified in the provided filing excerpt.
  • Footnotes:
    • F1: Shares withheld to pay taxes for vesting of restricted stock related to the 2024–2026 LTIP (awarded 5/23/24).
    • F2: Includes 15,874 Performance RSUs earned under the 2023–2025 LTIP (granted 2/14/23); those will settle at the end of the performance period on 12/31/2025 upon Certification.
    • F3: Includes 2,194 Performance RSUs earned under the 2024–2026 LTIP (granted 5/23/24); those will settle on 12/31/2026 upon Certification.
    • F4: This is an amended Form 4 filed 2026-03-09 to correct the number of shares withheld related to the 2023–2025 LTIP (granted 2/14/23).
  • Filing status: Amended Form 4 filed 2026-03-09. (The reported transactions occurred 2026-02-13 and 2026-02-14; the amendment corrects previously reported withholding amounts.)

Context
Tax-withholding (code F) is a routine disposition where the company retains shares to satisfy tax obligations on vested awards; it does not necessarily signal the insider choosing to sell shares for cash. Footnotes indicate these withholdings relate to performance- and time-based restricted stock/PRSUs from the company’s long-term incentive plans, some of which settle only after Compensation Committee certification at the end of the performance periods.

Insider Transaction Report

Form 4/AAmended
Period: 2026-02-13
Guinee Patrick J.
EVP General Counsel & Sec.
Transactions
  • Tax Payment

    Common Stock

    [F1][F2][F3]
    2026-02-13$31.63/sh928$29,35382,635 total
  • Tax Payment

    Common Stock

    [F4][F2][F3]
    2026-02-14$31.63/sh1,507$47,66681,128 total
Footnotes (4)
  • [F1]Shares withheld to pay taxes applicable to the vesting of restricted stock related to the 2024-2026 LTIP awarded on 5/23/24.
  • [F2]Includes 15,874 Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023; those 15,874 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2025, upon certification by the Compensation Committee.
  • [F3]Includes 2,194 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 2,194 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification by the Compensation Committee.
  • [F4]This amended Form 4 was filed to correct the number of shares withheld to pay taxes applicable to the vesting of restricted stock related to the 2023-2025 LTIP awarded on 2/14/23.
Signature
/s/ Patrick J. Guinee by Judith Balog, attorney-in-fact|2026-03-09

Documents

1 file
  • 4
    wk-form4a_1773085983.xml

    FORM 4/A