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[144] Astec Industries Inc SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144
Rhea-AI Filing Summary

Astec Industries (ASTE) Form 144 notice reports a proposed sale of 2,498 common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $117,947.07. The filing shows 22,874,713 shares outstanding and an approximate sale date of 09/11/2025. The shares to be sold were acquired primarily through restricted stock vesting under a registered plan on 08/15/2025 (738 shares), 08/15/2024 (1,204 shares) and 02/27/2024 (556 shares). The filer states there were no securities sold in the past three months and includes the standard representation that the seller is not aware of undisclosed material adverse information.

Positive
  • None.
Negative
  • None.

Insights

Routine insider sale notice; compliance disclosure only.

The Form 144 is a standard notification required when insiders or affiliates propose to sell restricted or control securities in reliance on Rule 144. This filing details the source of the shares as restricted stock vesting events and identifies the executing broker and anticipated sale date. There are no disclosures of prior sales in the past three months and no statements indicating undisclosed material information. From a compliance perspective this appears complete for a Rule 144 notice.

Transaction size is immaterial to company capitalization.

The proposed sale of 2,498 shares valued at $117,947.07 represents a de minimis portion of the reported 22,874,713 shares outstanding (approximately 0.011%). The shares originated from routine restricted stock vesting dates listed in the filing. Market impact is likely negligible given the small size relative to float and no other material disclosures accompany the notice.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Astec Industries' Form 144 disclose about the proposed sale?

The filing discloses a proposed sale of 2,498 common shares via Morgan Stanley Smith Barney LLC with an aggregate market value of $117,947.07 and an approximate sale date of 09/11/2025.

How many Astec (ASTE) shares are outstanding according to the filing?

The filing reports 22,874,713 shares outstanding.

How were the shares to be sold acquired?

The shares were acquired through restricted stock vesting under a registered plan on 02/27/2024 (556 shares), 08/15/2024 (1,204 shares), and 08/15/2025 (738 shares).

Did the filer report any securities sold in the past three months?

No. The filing states "Nothing to Report" for securities sold during the past three months.

Who is the broker named in the Form 144?

The executing broker is listed as Morgan Stanley Smith Barney LLC Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.
Astec Inds Inc

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Farm & Heavy Construction Machinery
Construction Machinery & Equip
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United States
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