{"schema_version":"secwatch.filing_event.v1","accession":"0000352825-24-000010","form_type":"8-K","ticker":"FSTR","cik":"0000352825","company_name":"FOSTER L B CO","filed_at":"2024-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.577211+00:00","generated_at":"2026-06-06T16:47:57.313235+00:00","sec_items":["1.01","5.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"L.B. Foster enters cooperation agreement with 22NW; nominates Alexander Jones to board","bullets":["22NW Fund, beneficial owner of ~11% of FSTR common stock, entered a Cooperation Agreement on Jan 25, 2024.","Alexander B. Jones (22NW VP) nominated to eight-member board, filling vacancy from Dirk Jungé's retirement due to mandatory age limit.","Jones served as Board Observer since April 2023; will continue until election at 2024 Annual Meeting.","22NW agreed to customary standstill, voting (support board nominees), confidentiality, and non-disparagement through Standstill Period.","Cooperation extends Jones' observer term if not elected; potential renomination for 2025 meeting under certain conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0000352825-24-000010","json":"https://secwatch.observer/filing/0000352825-24-000010.json","markdown":"https://secwatch.observer/filing/0000352825-24-000010.md","text":"https://secwatch.observer/filing/0000352825-24-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/352825/000035282524000010/0000352825-24-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/352825/000035282524000010/fstr-20240125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T16:47:57.313235+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d16f915516","claim":"Dirk Jungé departed as Director at FOSTER L B CO.","evidence_excerpt":"Mr. Dirk Jungé, an incumbent member of the Board, will not be standing for reelection to the Board at the 2024 Annual Meeting.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/352825/000035282524000010/0000352825-24-000010-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"not stand for reelection"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"a255518b58a3c7de1af4c1b13dbdefccd4786905","claim":"FOSTER L B CO entered into Cooperation Agreement with 22NW Fund, LP, 22NW, LP, 22NW Fund GP, LLC, 22NW GP, Inc., Mr. Aron R. English, Mr. Bryson O. Hirai-Hadley, and Mr. Alexander B. Jones (effective 2024-01-25).","evidence_excerpt":"On January 25, 2024, L.B. Foster Company, a Pennsylvania corporation (the “Company”), entered into a Cooperation Agreement (the “Cooperation Agreement”) with 22NW Fund, LP, 22NW, LP, 22NW Fund GP, LLC, 22NW GP, Inc., Mr. Aron R. English, Mr. Bryson O. Hirai-Hadley, and Mr. Alexander B. Jones (each, an “Investor” and collectively, the “Investor Group”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/352825/000035282524000010/0000352825-24-000010-index.htm","confidence":0.7,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"22NW Fund, LP, 22NW, LP, 22NW Fund GP, LLC, 22NW GP, Inc., Mr. Aron R. English, Mr. Bryson O. Hirai-Hadley, and Mr. Alexander B. Jones"},{"label":"Effective","value":"2024-01-25"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}