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FOSTER L B CO — Director's Dealing 2025
Feb 24, 2025
33376_dirs_2025-02-24_1b8b3681-c51c-4380-8e68-41139189e877.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: FOSTER L B CO (FSTR)
CIK: 0000352825
Period of Report: 2025-02-20
Reporting Person: Ness Robert (SVP, Precast Concrete Products)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-20 | Common Stock | A | 1994 | — | Acquired | 23226 | Direct |
| 2025-02-20 | Common Stock | A | 3676 | — | Acquired | 26902 | Direct |
| 2025-02-20 | Common Stock | A | 1272 | — | Acquired | 28174 | Direct |
| 2025-02-20 | Common Stock | F | 2214 | $27.65 | Disposed | 25960 | Direct |
Footnotes
F1: Represents the number of shares of common stock resulting from Performance Share Units earned under the 2022-2024 Long Term Incentive Plan granted on 2/17/22 upon certification of performance results by the Compensation Committee at 35.7% for the annual period ended December 31, 2024.
F2: Includes 4,657 shares of common stock resulting from the settlement of Performance Restricted Stock Units earned under the 2022-2024 Long Term Incentive Plan granted on 02/17/2022; those 4,657 Performance Restricted Stock Units settled at the end of the 2022-2024 performance period upon certification by the Compensation Committee on 2/20/2025.
F3: Includes 4,261 Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023; those 4,261 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2025, upon certification by the Compensation Committee.
F4: Represents the number of Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023 upon certification of performance results by the Compensation Committee at 48.4% for the annual period ended December 31, 2024. 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.
F5: Includes 7,937 Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023; those 7,937 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2025, upon certification by the Compensation Committee.
F6: Represents the number of Performance Restricted Stock Units under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024 upon certification of performance results by the Compensation Committee at 25.8% for the annual period ended December 31, 2024. The earned performance restricted stock units will settle at the end of the performance period on December 31, 2026, upon certification by the Compensation Committee.
F7: Includes 1,272 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024; those 1,272 Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2026, upon certification of the Compensation Committee.
F8: Shares withheld to pay taxes upon the vesting of performance shares related to the 2022-2024 LTIP awarded on 2/17/22.