Friedman Brian Hunter 4
4 · FOSTER L B CO · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
FOSTER L B (FSTR) SVP Brian Friedman Receives Award, Sells 3,476 Shares
What Happened
- Brian Hunter Friedman, Senior Vice President & Chief Growth Officer of Foster L B Co (FSTR), received multiple stock awards on 2026-02-19 totaling 9,325 shares (awards/settlements of performance- and time-based restricted stock units). On the same date, 3,476 shares were disposed/withheld to cover tax withholding at $31.13 per share, resulting in $108,191 in value.
- These transactions are award/settlement events (code A) and a tax-withholding disposal (code F). Awarded shares came from several long-term incentive plan (LTIP) cycles (performance share units and restricted stock units).
Key Details
- Transaction date: 2026-02-19; Filing date: 2026-02-23 (filed timely).
- Awards acquired: 3,585 + 1,947 + 713 + 3,080 = 9,325 shares (various PSUs/PRSUs/RSUs).
- Shares disposed/withheld: 3,476 shares at $31.13 = $108,191 (tax withholding/sale).
- Shares owned after the transaction: not specified in the filing.
- Notable footnotes: awards reflect settlements and earned amounts under multiple LTIP cycles (2023–2025, 2024–2026, 2025–2027). Footnotes describe earned percentages and that some earned PSUs/PRSUs will settle at future performance period ends (e.g., Dec 31, 2026 or Dec 31, 2027). Footnote F9 indicates shares were withheld to pay taxes on earned 2023–2025 performance shares.
- Transaction codes: A = Award/Grant; F = Payment of exercise price or tax liability (withholding).
Context
- This was primarily an award/vesting event (not a market-timed buy or sell). The disposal was a routine tax-withholding/cashless settlement rather than an open-market sale, so it is generally considered administrative rather than a directional insider trade signal.
- Many awards are performance-based and may not fully settle until the end of their respective performance periods, per the filing footnotes.
Insider Transaction Report
Form 4
FOSTER L B COFSTR
Friedman Brian Hunter
SVP, Chief Growth Officer
Transactions
- Award
Common Stock
[F1][F2][F3]2026-02-19+3,585→ 28,955 total - Award
Common Stock
[F4][F2][F5]2026-02-19+1,947→ 30,902 total - Award
Common Stock
[F6][F2][F5][F7]2026-02-19+713→ 31,615 total - Award
Common Stock
[F8][F2][F5][F7]2026-02-19+3,080→ 34,695 total - Tax Payment
Common Stock
[F9][F5][F7]2026-02-19$31.13/sh−3,476$108,191→ 31,219 total
Holdings
- 1,259(indirect: By 401(k))
Common Stock
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 11,522 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 11,522 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 1,272 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 1,272 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 3,219 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 3,219 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 713 Performance Restricted Stock Units earned under the 2025-2027 Long Term Incentive Plan granted on 5/22/2025; those 713 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
Brian Hunter Friedman by Judith Balog, attorney-in-fact|2026-02-23