22NW Fund, LP Reduces Stake in L.B. Foster Company (FSTR) Below 5% Threshold

On April 21, 2026, 22NW Fund, LP and its affiliates filed an amendment to their Schedule 13D regarding their holdings in L.B. Foster Company (FSTR). The filing indicates a significant reduction in their investment position. Specifically, 22NW Fund, LP sold 326,929 shares through a series of open-market transactions between April 15 and April 21, 2026, at prices ranging from approximately $30.00 to $30.01 per share. As a result of these sales, the group's aggregate beneficial ownership dropped from 5.6% to approximately 2.5%, representing 261,745 shares. Consequently, the reporting persons have ceased to be beneficial owners of more than 5% of the Issuer's outstanding common stock. Aron R. English, as the portfolio manager and principal of the 22NW entities, maintains shared dispositive and voting power over the remaining shares, while also holding a small number of shares directly. The shares were originally purchased using working capital and personal funds.