Foster L B (FSTR) SVP uses 352 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FOSTER L B CO senior vice president Sara Fay Rolli reported a routine tax-withholding transaction related to equity compensation. On May 22, 352 shares of common stock were withheld at $38.11 per share to cover taxes on vesting restricted stock. After this, she holds 9,224 shares directly, which include 966 Performance Restricted Stock Units from the 2024-2026 Long Term Incentive Plan and 407 Performance Restricted Stock Units from the 2025-2027 Long Term Incentive Plan that will settle after their respective performance periods.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rolli Sara Fay
Role
SVP, Operational Admin
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 352 | $38.11 | $13K |
Holdings After Transaction:
Common Stock — 9,224 shares (Direct, null)
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 966 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 966 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification of the Compensation Committee. Includes 407 Performance Restricted Stock Units earned under the 2025-2027 Long Term Incentive Plan granted on 5/22/2025; those 407 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2027, upon certification by the Compensation Committee.
Key Figures
Tax-withheld shares: 352 shares
Withholding price: $38.11 per share
Shares after transaction: 9,224 shares
+2 more
5 metrics
Tax-withheld shares
352 shares
Common Stock withheld on May 22 to pay taxes
Withholding price
$38.11 per share
Value used for tax-withholding disposition
Shares after transaction
9,224 shares
Direct holdings following tax-withholding disposition
2024-2026 PRSUs
966 units
Performance Restricted Stock Units settling after Dec 31, 2026
2025-2027 PRSUs
407 units
Performance Restricted Stock Units settling after Dec 31, 2027
Key Terms
tax-withholding disposition, Performance Restricted Stock Units, Long Term Incentive Plan, vesting of restricted stock
4 terms
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
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 966 Performance Restricted Stock Units earned under the 2024-2026 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
"earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024"
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.
vesting of restricted stock financial
"Shares withheld to pay taxes applicable to the vesting of restricted stock"
FAQ
What insider transaction did FSTR executive Sara Fay Rolli report?
Sara Fay Rolli reported a tax-withholding disposition of 352 FSTR common shares. The shares were withheld at $38.11 each to pay taxes due on vesting restricted stock from a long-term incentive award granted on May 22, 2025.
Was the FSTR Form 4 for an open-market sale or a tax event?
The Form 4 reflects a tax-withholding event, not an open-market sale. Shares were withheld by the company to satisfy tax liabilities triggered by restricted stock vesting under a long-term incentive plan, a common administrative transaction.
What long-term incentive plans are referenced in the FSTR Form 4 footnotes?
The footnotes reference the 2024-2026 and 2025-2027 Long Term Incentive Plans. They note 966 Performance Restricted Stock Units from the 2024-2026 plan and 407 from the 2025-2027 plan, each settling after their performance period ends and committee certification.
Do the Performance Restricted Stock Units in the FSTR filing settle immediately?
No, the Performance Restricted Stock Units do not settle immediately. The 966 units for 2024-2026 settle after December 31, 2026, and the 407 units for 2025-2027 settle after December 31, 2027, following Compensation Committee certification.