Ness Robert 4

What Happened

• Robert Ness, Senior Vice President — Precast Concrete Products at Foster L. B. Co. (FSTR), received multiple equity awards (listed as acquisitions at $0.00) on 2026-02-19 totaling four award tranches: 3,585; 1,947; 764; and 3,422 shares (awarded/settled). On the same date 5,281 shares were disposed (code F) at an implied value of $31.13 per share to satisfy tax withholding, generating a cash value of $164,371.
• These awards are performance- and time-based restricted stock units/performancerelated awards from various Long Term Incentive Plan cycles. The $0.00 per-share entries reflect stock settlements/awards (not cash purchases).

Key Details

• Transaction date(s): 2026-02-19; Filing date: 2026-02-23 (no late-filing flag noted in the filing).
• Awarded (A): 3,585; 1,947; 764; 3,422 shares (acquired at $0.00).
• Withheld/Disposed (F): 5,281 shares at $31.13 per share to cover tax liabilities = $164,371.
• Notable footnotes:
  • Some awards represent Performance Share Units earned under the 2023–2025 LTIP (certified at 47.2%) and Performance Restricted Stock Units settled upon certification on 2/19/2026 (including 11,522 shares referenced in the filing).
  • Other PRSUs listed were earned for 2024–2026 and 2025–2027 performance cycles and will settle at the ends of their respective performance periods (Dec 31, 2026 or Dec 31, 2027) per the footnotes.
  • Footnote indicates shares were withheld specifically to pay taxes on the vested/settled performance awards.
• Shares owned after the transactions: not specified in the excerpt provided.

Context

• Code meanings: A = Award/Grant of stock-based units; F = Shares withheld/disposed to satisfy tax withholding. The awards are performance- and time-based equity settlements, not open-market purchases or option exercises.
• Tax-withholding disposals are routine administrative actions and do not necessarily indicate a change in insider sentiment.