Form 4: L.B. Foster EVP & CFO William Thalman Reports Acquisition of Common Stock
SEC Form 4 Filing
William Thalman, EVP & CFO of L.B. Foster, reports the acquisition of 6,163 shares of common stock on May 23, 2024, bringing his total holdings to 56,306 shares.
Summary
- On May 23, 2024, William M. Thalman, the EVP & CFO of L.B. Foster Company, acquired 6,163 shares of common stock.
- The acquisition was made at a price of $0 per share.
- Following the transaction, Thalman's total beneficial ownership of L.B. Foster common stock is 56,306 shares.
- This includes 6,392 Performance Restricted Stock Units earned under the 2022-2024 Long Term Incentive Plan granted on 02/17/2022, which will settle on December 31, 2024.
- It also includes 9,942 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.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Future Outlook
The document outlines future settlement dates for Performance Restricted Stock Units under the Long Term Incentive Plans.
Industry Context
This filing is a routine disclosure of stock ownership changes by a company executive, which is common in publicly traded companies.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock ownership of a key executive.
Key Dates
| Date | Description |
|---|---|
| 02/17/2022 | Grant date of 6,392 Performance Restricted Stock Units under the 2022-2024 Long Term Incentive Plan. |
| 02/14/2023 | Grant date of 9,942 Performance Restricted Stock Units under the 2023-2025 Long Term Incentive Plan. |
| 05/23/2024 | Date of common stock acquisition by William Thalman. |
| 05/24/2024 | Date of signature on the Form 4 filing. |
| 12/31/2024 | Settlement date for 6,392 Performance Restricted Stock Units earned under the 2022-2024 Long Term Incentive Plan. |
| 12/31/2025 | Settlement date for 9,942 Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.