L.B. Foster (FSTR) SVP has 905 shares withheld to cover tax on vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
L.B. Foster Company senior vice president Gregory W. Lippard reported updates to his common stock holdings. On May 22, 2026, 905 shares were withheld at $38.11 per share to pay taxes on the vesting of restricted stock from the 2025–2027 long term incentive plan.
After this tax-withholding disposition, he directly holds 75,031 common shares and indirectly holds 1,531 shares through the L.B. Foster Company 401(k) Plan. His reported position also includes 1,002 performance restricted stock units from the 2025–2027 plan and 4,427 performance restricted stock units from the 2024–2026 plan, which will settle after their respective performance periods end and are certified by the Compensation Committee.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
LIPPARD GREGORY W
Role
SVP -Rail
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 905 | $38.11 | $34K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 75,031 shares (Direct, null);
Common Stock — 1,531 shares (Indirect, L.B. Foster Company 401(k) Plan Shares)
Footnotes (1)
- Shares withheld to pay taxes applicable to the vesting of restricted stock related to the 2025-2027 LTIP awarded on 5/22/25. Includes 1,002 Performance Restricted Stock Units earned under the 2025-2027 Long Term Incentive Plan granted on 5/22/2025; those 1,002 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2027, upon certification by the Compensation Committee. Includes 4,427 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 4,427 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification of the Compensation Committee.
Key Figures
Tax-withheld shares: 905 shares
Tax-withholding price: $38.11 per share
Direct holdings after transaction: 75,031 shares
+3 more
6 metrics
Tax-withheld shares
905 shares
Withheld to pay taxes on vesting restricted stock on May 22, 2026
Tax-withholding price
$38.11 per share
Value used for 905 shares withheld for tax
Direct holdings after transaction
75,031 shares
Common stock directly held by Gregory W. Lippard after May 22, 2026
Indirect 401(k) holdings
1,531 shares
Common stock held via L.B. Foster Company 401(k) Plan
2025–2027 PRSUs
1,002 units
Performance restricted stock units under 2025–2027 LTIP, settle Dec 31, 2027
2024–2026 PRSUs
4,427 units
Performance restricted stock units under 2024–2026 LTIP, settle Dec 31, 2026
Key Terms
tax-withholding disposition, Performance Restricted Stock Units, Long Term Incentive Plan, 401(k) Plan Shares
4 terms
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Performance Restricted Stock Units financial
"Includes 1,002 Performance Restricted Stock Units earned under the 2025-2027 Long Term Incentive Plan"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
Long Term Incentive Plan financial
"2025-2027 Long Term Incentive Plan granted on 5/22/2025"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
FAQ
What insider transaction did L.B. Foster (FSTR) report for Gregory W. Lippard?
Gregory W. Lippard reported 905 common shares withheld as a tax-withholding disposition at $38.11 per share. The shares were used to pay taxes on vesting restricted stock from the 2025–2027 long term incentive plan, not an open-market sale.
What performance restricted stock units are reported for L.B. Foster (FSTR) executive Gregory W. Lippard?
The filing notes 1,002 performance restricted stock units from the 2025–2027 plan and 4,427 units from the 2024–2026 plan. These units will settle after performance periods ending December 31, 2027 and December 31, 2026, subject to Compensation Committee certification.
How are L.B. Foster (FSTR) 401(k) holdings reported for Gregory W. Lippard?
The Form 4 lists 1,531 common shares held indirectly through the L.B. Foster Company 401(k) Plan. These are reported as indirect ownership, separate from his 75,031 directly held shares, clarifying his retirement-plan stake in the company.