O'Neill Jamie F 4
Research Summary
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FOSTER L B (FSTR) SVP Jamie O'Neill Receives 4,987-Share Award
What Happened Jamie F. O'Neill, Senior Vice President, Human Resources at Foster L. B. Co. (FSTR), was awarded a total of 4,987 shares on 2026-02-19 through a combination of performance share units and restricted stock units (recorded as awards at $0.00). To satisfy tax withholding on the vesting/settlement, 1,507 shares were disposed/withheld at $31.13 per share, generating a value of $46,905. The transactions are recorded as Award/Grant (code A) and tax withholding/payment (code F).
Key Details
- Transaction date: 2026-02-19; Form 4 filed 2026-02-23 (reporting period 2/19/2026). Filing timeliness not flagged in the filing.
- Award amounts recorded: 1,434; 682; 475; and 2,396 shares (total 4,987) at $0.00 (awarded/settled or earned).
- Tax withholding/disposition: 1,507 shares @ $31.13 = $46,905 (code F).
- Shares owned after the reported transactions: not specified in the provided filing summary.
- Notable footnotes: awards include settlement of 2023–2025 LTIP performance shares (4,608 shares settled upon certification on 2/19/2026) and various earned PRSUs/RSUs from 2024–2026 and 2025–2027 LTIP cycles that either settled immediately or will settle at the ends of their performance periods (12/31/2026 or 12/31/2027). Some awards vest ratably over three years. Footnote F9 confirms shares were withheld to pay taxes on the vested performance shares.
Context These transactions are routine equity compensation events: a mix of performance-based awards (PSUs/PRSUs) and RSUs granted or settled as part of the company’s long-term incentive plans. The withholding of 1,507 shares to cover taxes is a common cashless method and does not represent an open-market sale for trading purposes. Awards and withholdings are compensation-related and should not be read as a directional vote on the stock by the insider.