[144] Astec Industries Inc SEC Filing
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.
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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.