Friedman Brian Hunter 4/A
4/A · FOSTER L B CO · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Foster L B (FSTR) SVP Brian Friedman Receives Awards, Sells 3,476 Shares
What Happened
- Brian Hunter Friedman, SVP & Chief Growth Officer of Foster L. B. Co. (FSTR), was issued multiple equity awards (Performance/Restricted Stock Units) on 2026-02-19 and, concurrently, 3,476 shares were disposed/withheld to satisfy tax withholding at $31.13 per share, totaling $108,191. The awards themselves were granted at $0.00 (typical for RSU/PSU grants).
Key Details
- Transaction date: 2026-02-19; Form 4 amended and filed 2026-03-09 to correct reported share counts/tax withholding.
- Awards recorded (A): 3,585; 1,947; 713; and 3,080 shares (all at $0.00). Total shown in the transaction lines = 9,325 shares awarded.
- Tax withholding / disposition (F): 3,476 shares sold/withheld at $31.13 = $108,191. This is a routine withholding to cover taxes on vesting.
- Notable footnotes: awards are performance share units (PSUs) or performance restricted stock units (PRSUs) from LTIP cycles (2023‑2025, 2024‑2026, 2025‑2027). Some PSUs settled upon certification for the 2023‑2025 period; others will settle at the ends of their performance periods (Dec 31, 2026 or Dec 31, 2027) per the footnotes.
- Filing status: This is an amended Form 4 (filed 2026-03-09) correcting the number of shares beneficially owned and the number withheld for taxes. The amendment suggests the earlier filing had reporting inaccuracies that were corrected.
Context
- These transactions are award settlements and a tax-withholding sale — common, routine insider activity when restricted/ performance shares vest. The awards were granted/settled at $0 (typical for RSUs/PSUs), and the sale of 3,476 shares was to cover tax obligations (not an open-market bet on the stock).
- Transaction codes: A = Award/Grant, F = Payment of exercise price or tax liability (here, shares withheld/sold for taxes).
- No purchase or 10% owner implications here; this is compensation-related equity settlement rather than a buy or discretionary sale.
Insider Transaction Report
Form 4/AAmended
FOSTER L B COFSTR
Friedman Brian Hunter
SVP, Chief Growth Officer
Transactions
- Award
Common Stock
[F1][F2][F3][F4]2026-02-19+3,585→ 29,284 total - Award
Common Stock
[F5][F3][F6]2026-02-19+1,947→ 31,231 total - Award
Common Stock
[F7][F3][F6][F8]2026-02-19+713→ 31,944 total - Award
Common Stock
[F9][F3][F6][F8]2026-02-19+3,080→ 35,024 total - Tax Payment
Common Stock
[F10][F6][F8]2026-02-19$31.13/sh−3,476$108,191→ 31,548 total
Holdings
- 1,259(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 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.
- [F3]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.
- [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 2/13/2026 and 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 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.
- [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 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.
- [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
Brian Hunter Friedman by Judith Balog, attorney-in-fact|2026-03-09