Earnings Feed
Start Free
FOSTER L B CO·4/A

Mar 3, 3:38 PM ET

Rolli Sara Fay 4/A

Research Summary

AI-generated summary

Updated

FOSTER L B (FSTR) SVP Rolli Sara Fay Receives Awards; Shares Withheld

What Happened

  • Rolli Sara Fay, Senior Vice President, Operational Administration at Foster L. B. Co. (FSTR), received 3,932 shares on 2026-02-19 as the settlement of performance and restricted stock units (awards granted at $0). On the same date, 1,499 shares were withheld/disposed to cover tax withholding at $31.13 per share, generating $46,656 in value.
  • The awards relate to long-term incentive plans (performance share units and performance restricted stock units). The award entries are coded as A (award/acquisition); the withholding is coded F (payment of exercise price or tax liability). The withholding is a routine, compensation-related disposition rather than an open-market sale.

Key Details

  • Transaction date: February 19, 2026.
  • Awards: 956; 584; 407; and 1,985 shares (total 3,932) acquired at $0.00 (award/settlement).
  • Tax withholding/disposed: 1,499 shares at $31.13 = $46,656.
  • Shares owned after transaction: not specified in the excerpt provided; the Form 4 was amended (filed 2026-03-03) to correct the number of shares withheld and the beneficial ownership figure.
  • Notable footnotes:
    • F1/F2/F5–F8/F3/F6/F8: Awards include Performance Share Units (PSUs) and Performance Restricted Stock Units (PRSUs) from LTIP cycles (2023–2025, 2024–2026, 2025–2027). Some PSU/PRSU amounts were certified/earned at partial payout levels and either settled immediately or will settle at the end of their performance periods.
    • F10: Shares were withheld specifically to pay taxes on the vesting/settlement.
    • F4: This is an amended Form 4 (filed 3/03/2026) correcting withholding and beneficial-ownership figures from the original filing.

Context

  • These transactions are compensation-related (award settlements and tax withholding). Awarded shares acquired at $0 reflect vested/earned equity rather than market purchases; the withheld shares are commonly used to satisfy tax obligations (a routine administrative disposition).
  • Because this is not an open-market purchase or indicative sale by choice, it should be viewed as routine insider compensation activity rather than a clear bullish or bearish signal.