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LB Foster CEO Sells Stock

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-11-22
NEW YORK (AP) -- The chief executive of LB Foster Co., which makes industrial products, exercised options for and sold 13,926 shares of stock, according to a Securities and Exchange Commission filing Tuesday.

In a Form 4 filed with the SEC, Stan L. Hasselbusch reported he exercised options at $3.65 apiece and sold the shares for $43.61 apiece to $44.54 apiece on Tuesday.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

LB Foster is based in Pittsburgh.

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