4Filed Aug 3, 8:00 PM ET
Foster L.B. (FSTR) SVP Jason Bowlin Receives 398-Share RSU Award
$FSTR · FOSTER L B COResearch Summary
AI-generated summary of this SEC filing
Foster L.B. (FSTR) SVP Jason Bowlin Receives 398-Share RSU Award
What Happened
- Jason Kyle Bowlin, Senior Vice President – Rail at Foster L. B. Co. (FSTR), was granted 398 restricted stock units (RSUs) on 2026-08-01. The grant shows an acquisition price of $0.00, so no cash changed hands at grant (total recorded value $0).
- The filing’s footnotes state the RSUs settle in stock upon vesting. The award generally vests ratably over three years (first, second and third anniversaries). The filing also references previously earned performance RSUs that will settle at the end of their respective performance periods upon Compensation Committee certification.
Key Details
- Transaction date: 2026-08-01; Form 4 filed: 2026-08-04.
- Transaction type/code: A — Award/Grant; Shares granted: 398; Price: $0.00; Reported value: $0.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes of note:
- F1: 398 RSUs that settle in stock and generally vest ratably over three years.
- F2: Includes 340 Performance RSUs (2025–2027 LTIP) that will settle after the performance period ends 12/31/2027 upon certification.
- F3: Includes 1,288 Performance RSUs (2024–2026 LTIP) that will settle after the performance period ends 12/31/2026 upon certification.
- No 10b5-1 plan, tax‑withholding sale, or late‑filing flag is indicated in the provided data.
Context
- RSUs are awards that convert into shares when they vest; performance RSUs (PRSUs) convert only if performance goals are met and are settled after the performance period upon certification. Such grants are standard executive compensation and do not represent an open‑market purchase or sale. They are informational about compensation and potential future dilution, not a direct buy/sell signal.