FSTR.NASDAQFoster L B CO

Form 4: L.B. Foster EVP William Treacy Reports Stock Disposal

Sentiment:

SEC Form 4 Filing

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William Treacy, EVP & Chief Growth Officer of L.B. Foster Company, reported disposing of 545 shares of common stock at $23.4 on February 26, 2024.

Summary

  • On February 26, 2024, William Treacy, EVP & Chief Growth Officer of L.B. Foster Company, disposed of 545 shares of common stock at a price of $23.4 per share.
  • Following the transaction, Treacy directly owns 33,030 shares of common stock.
  • Treacy also indirectly owns 7,000 shares through the L.B. Foster Company 401(k) Plan Shares.
  • The reported holdings include Performance Restricted Stock Units (PRSUs) earned under the 2022-2024 and 2023-2025 Long Term Incentive Plans, which will settle on December 31, 2024, and December 31, 2025, respectively, upon certification by the Compensation Committee.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing reporting a stock transaction by an executive, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock.

Key Dates

DateDescription
02/17/2022Grant date of 3,621 Performance Restricted Stock Units under the 2022-2024 Long Term Incentive Plan.
02/14/2023Grant date of 7,101 Performance Restricted Stock Units under the 2023-2025 Long Term Incentive Plan.
02/26/2024Date of the transaction where 545 shares of common stock were disposed of.
02/27/2024Date of the signature on the Form 4 filing.
12/31/2024Settlement date for 3,621 Performance Restricted Stock Units earned under the 2022-2024 Long Term Incentive Plan.
12/31/2025Settlement date for 7,101 Performance Restricted Stock Units earned under the 2023-2025 Long Term Incentive Plan.

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