FOSTER L B CO (FSTR) CFO logs tax-withholding of 1,178 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FOSTER L B CO Executive Vice President and CFO William M. Thalman reported a tax-related share disposition. On the vesting of restricted stock from the 2025-2027 long-term incentive plan, 1,178 shares of common stock were withheld at $38.11 per share to cover tax obligations, rather than sold on the open market.
After this withholding, Thalman directly holds 78,754 common shares, which include 1,358 performance restricted stock units from the 2025-2027 plan and 6,036 performance restricted stock units from the 2024-2026 plan that are scheduled to settle after their respective performance periods end.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
THALMAN WILLIAM M
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,178 | $38.11 | $45K |
Holdings After Transaction:
Common Stock — 78,754 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 1,358 Performance Restricted Stock Units earned under the 2025-2027 Long Term Incentive Plan granted on 5/22/2025; those 1,358 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2027, upon certification by the Compensation Committee. Includes 6,036 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 6,036 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: 1,178 shares
Withholding price: $38.11/share
Shares after transaction: 78,754 shares
+2 more
5 metrics
Tax-withheld shares
1,178 shares
Common stock withheld for taxes on 2025-2027 LTIP vesting
Withholding price
$38.11/share
Value per share for tax-withholding disposition
Shares after transaction
78,754 shares
Total direct holdings following tax withholding
2025-2027 PRSUs
1,358 units
Performance RSUs under 2025-2027 Long Term Incentive Plan
2024-2026 PRSUs
6,036 units
Performance RSUs under 2024-2026 Long Term Incentive Plan
Key Terms
tax-withholding disposition, restricted stock, Performance Restricted Stock Units, Long Term Incentive Plan, +1 more
5 terms
tax-withholding disposition financial
"reported a tax-related share disposition recorded as a 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.
restricted stock financial
"vesting of restricted stock related to the 2025-2027 LTIP"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Performance Restricted Stock Units financial
"Includes 1,358 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
"under the 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.
performance period financial
"will settle at the end of the performance period on December 31, 2027"
The performance period is the specific time span over which an investment’s results, an employee’s targets, or a fund’s returns are measured and judged. It matters to investors because the length and start/end of that window determine which gains or losses count toward performance fees, bonus payouts, or benchmark comparisons—much like timing a race decides who wins, the chosen period can change whether results look strong or weak.
FAQ
What did FSTR CFO William Thalman report in this Form 4?
William Thalman reported a tax-withholding disposition of 1,178 FSTR common shares at $38.11 per share. The shares were withheld to pay taxes due on vesting restricted stock, not sold in an open-market transaction.
What performance restricted stock units does the FSTR CFO hold?
The CFO holds 1,358 performance RSUs from the 2025-2027 plan and 6,036 performance RSUs from the 2024-2026 plan. These units will settle after performance periods ending December 31, 2027 and December 31, 2026, respectively.
Was the FSTR CFO’s Form 4 transaction an open-market sale?
No. The Form 4 shows a tax-withholding disposition, where 1,178 shares were withheld to pay taxes on restricted stock vesting. This differs from an open-market sale initiated to trade shares for cash.