Form 4: Director Diane B. Owen Reports Stock Transaction in L.B. Foster Co.
SEC Form 4 Filing
Diane B. Owen, a director of L.B. Foster Co., reports the disposal of 76 common stock shares to cover taxes related to the vesting of a director equity award.
Summary
- On May 25, 2024, Diane B. Owen, a director of L.B. Foster Company, disposed of 76 shares of common stock.
- The transaction was executed to cover taxes applicable to the vesting of stock related to the 2023 Annual Director Equity Award.
- The price per share was $28.35.
- Following the transaction, Owen directly owns 71,376 shares of L.B. Foster Company common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure related to insider transactions and is common for publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares being disposed of by a director to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/25/2024 | Date of stock transaction |
| 05/28/2024 | Date of signature on the report |
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