FSTR.NASDAQFoster L B CO

Form 4: L.B. Foster Company Executive Sara Fay Rolli Reports Stock Transaction

Sentiment:

SEC Form 4 Filing

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Sara Fay Rolli, SVP of Operational Admin at L.B. Foster Company, reports the withholding of shares to cover taxes related to vesting restricted stock.

Summary

  • On March 1, 2025, Sara Fay Rolli, SVP of Operational Admin at L.B. Foster Company, had 85 shares of common stock withheld to cover taxes related to the vesting of restricted stock.
  • The price per share was $27.45.
  • Following the transaction, Rolli directly owns 5,275 shares of common stock.
  • This includes 2,116 Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan granted on 2/14/2023, which will settle on December 31, 2025.
  • It also includes 382 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan granted on 5/23/2024, which will settle on December 31, 2026.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a routine transaction related to executive compensation.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it involves a small number of shares withheld for tax purposes.

Key Dates

DateDescription
02/14/2023Grant date of 2,116 Performance Restricted Stock Units under the 2023-2025 Long Term Incentive Plan.
05/23/2024Grant date of 382 Performance Restricted Stock Units under the 2024-2026 Long Term Incentive Plan.
03/01/2025Date of the reported transaction where shares were withheld for taxes.
03/04/2025Date of the report filing.
12/31/2025Settlement date for 2,116 Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan.
12/31/2026Settlement date for 382 Performance Restricted Stock Units earned under the 2024-2026 Long Term Incentive Plan.

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