Robert Ness - 13 Feb 2024 Form 4 Insider Report for FOSTER L B CO (FSTR)

Reporting relationship: SVP, Precast Concrete Products
Issuer ticker: FSTR
Reported as of: 13 Feb 2024
Net transaction value: -$20,197
SEC form: 4
Accepted by SEC: 15 Feb 2024, 17:39:05 UTC
Prior SEC filing: 28 Feb 2023
Next SEC filing: 21 Feb 2024
Source filing: View source filing
Reporting owner signature: Robert Ness by Judith Balog, attorney-in-fact

Key filing fact

Robert Ness filed Form 4 for FOSTER L B CO (FSTR) on 15 Feb 2024.

Key facts

This page summarizes Robert Ness's Form 4 filing for FOSTER L B CO (FSTR).
5 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 15 Feb 2024, 17:39.

Change

Previous filing in this sequence was filed on 28 Feb 2023.
Current net transaction value: -$20,197.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FSTR transaction

Common Stock

Award

Transaction value: $0
Shares: +691
Change %: +4.9%
Price: $0.000000
Shares after: 14,756
Date: 13 Feb 2024
Ownership: Direct
Footnotes: F1, F2

FSTR transaction

Common Stock

Tax liability

Transaction value: $5,821
Shares: -245
Change %: -1.7%
Price: $23.76
Shares after: 14,511
Date: 13 Feb 2024
Ownership: Direct

FSTR transaction

Common Stock

Award

Transaction value: $0
Shares: +1,614
Change %: +11%
Price: $0.000000
Shares after: 16,125
Date: 13 Feb 2024
Ownership: Direct
Footnotes: F3

FSTR transaction

Common Stock

Award

Transaction value: $0
Shares: +4,261
Change %: +26%
Price: $0.000000
Shares after: 20,386
Date: 13 Feb 2024
Ownership: Direct
Footnotes: F4

FSTR transaction

Common Stock

Tax liability

Transaction value: $14,376
Shares: -599
Change %: -2.9%
Price: $24.00
Shares after: 19,787
Date: 14 Feb 2024
Ownership: Direct
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents shares of common stock resulting from performance share units which were contingent rights to receive shares of common stock based on the Issuer's performance against certain pre-established financial metrics for the 2021-2023 performance period.

Footnote F2

Includes 1,049 Performance Restricted Stock Units earned under the 2022-2024 Long Term Incentive Plan granted on 02/17/2022; those 1,049 Performance Restricted Stock Units will settle at the end of the 2022-2024 performance period on December 31, 2024, upon certification by the Compensation Committee.

Footnote F3

Represents the number of Performance Restricted Stock Units earned under the 2022-2024 Long Term Incentive Plan granted on 02/17/2022 upon certification of performance results by the Compensation Committee at 96.3% for the annual period ended December 31, 2023. The earned Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2024, upon certification by the Compensation Committee.

Footnote F4

Represents the number of Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 02/14/2023 upon certification of performance results by the Compensation Committee at 187.0% for the annual period ended December 31, 2023. The earned Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2025, upon certification by the Compensation Committee.

Footnote F5

Shares withheld to pay taxes applicable to the vesting of restricted stock related to the 2023-2025 LTIP awarded on 02/14/23.