L.B. Foster (FSTR) Form 3 FOSTER L B / Aron R. English ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

English Aron R.

(Last) (First) (Middle)

1455 NW LEARY WAY, SUITE 400

(Street)

SEATTLE WA 98107

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
05/17/2023

3. Issuer Name and Ticker or Trading Symbol
FOSTER L B CO [ FSTR ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock(1)	905	D
Common Stock(1)	1,281,446	I	By: 22NW Fund, LP(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

English Aron R.

(Last) (First) (Middle)

1455 NW LEARY WAY, SUITE 400

(Street)

SEATTLE WA 98107

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

22NW, LP

(Last) (First) (Middle)

1455 NW LEARY WAY, SUITE 400

(Street)

SEATTLE WA 98107

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

22NW Fund, LP

(Last) (First) (Middle)

1455 NW LEARY WAY

SUITE 400

(Street)

SEATTLE WA 98107

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

22NW Fund GP, LLC

(Last) (First) (Middle)

1455 NW LEARY WAY, SUITE 400

(Street)

SEATTLE WA 98107

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

22NW GP, Inc.

(Last) (First) (Middle)

1455 NW LEARY WAY, SUITE 400

(Street)

SEATTLE WA 98107

(City) (State) (Zip)

Explanation of Responses:

1. This Form 3 is filed jointly by 22NW Fund, LP ("22NW Fund"), 22NW, LP ("22NW"), 22NW Fund GP, LLC ("22NW GP"), 22NW GP, Inc. ("22NW Inc.") and Aron R. English (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.

2. Securities owned directly by 22NW Fund. As the investment manager to 22NW Fund, 22NW may be deemed to beneficially own the securities owned directly by 22NW Fund. As the general partner of 22NW Fund, 22NW GP may be deemed to beneficially own the securities owned directly by 22NW Fund. As the general partner of 22NW, 22NW Inc. may be deemed to beneficially own the securities owned directly by 22NW Fund. Mr. English, as the Portfolio Manager of 22NW, Manager of 22NW GP and President and sole shareholder of 22NW Inc., may be deemed to beneficially own the securities owned directly by 22NW Fund.

	/s/ Aron R. English	05/19/2023
	22NW Fund, LP; By: 22NW Fund GP, LLC; By: /s/ Aron R. English, Manager	05/19/2023
	22NW, LP; By: 22NW GP, Inc.; By: /s/ Aron R. English, President and Sole Shareholder	05/19/2023
	22NW Fund GP, LLC; By: /s/ Aron R. English, Manager	05/19/2023
	22NW GP, Inc., By: /s/ Aron R. English, President and Sole Shareholder	05/19/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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