Form 4: L.B. Foster EVP & CFO William Thalman Reports Stock Disposal

William Thalman, EVP & CFO of L.B. Foster Company, reported the disposal of 842 shares of common stock at a price of $23.4 per share on February 26, 2024.

Summary

• On February 26, 2024, William M. Thalman, the EVP & CFO of L.B. Foster Company, disposed of 842 shares of common stock.
• The transaction was executed at a price of $23.4 per share.
• Following the transaction, Thalman directly owns 51,356 shares of L.B. Foster Company.
• 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 at the end of the performance period 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 at the end of the performance period on December 31, 2025.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to an insider transaction, which is neutral in sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common and expected. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transaction may have a minor impact on shareholders, as insider transactions are often scrutinized for insights into management's view of the company's prospects.

Key Dates