L.B. Foster executive VP Brian Kelly to retire Dec 31, 2025; accelerated vesting approved

FOSTER L B CO

Brian H. Kelly, EVP & Senior Advisor to CEO, will retire on December 31, 2025.
Compensation Committee approved retirement agreement on Dec 3, 2025.
Unvested restricted stock awards will accelerate vest on retirement date.
Performance share units will vest pro-rata and pay based on goal attainment.
Agreement includes non-compete, non-solicitation, and non-disparagement covenants.

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