What does the Form 4 footnote say about Linda Knoll’s ASTE share grant?

The Form 4 footnote explains the 6-share grant represents dividend equivalents earned on prior restricted stock unit (RSU) grant awards. This clarifies that the additional ASTEC INDUSTRIES INC shares arise from existing RSU compensation, not an open-market purchase or sale.

Astec director granted 6 dividend-equivalent shares

ASTEC INDUSTRIES INC director Linda I. Knoll received 6 shares of Common Stock as a grant tied to dividend equivalents on prior RSU awards.

Accepted by SEC EDGAR 06/02/2026 - 04:08 PM EDT

Filing Impact

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Filing Sentiment

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Form Type

Rhea-AI Filing Summary

ASTEC INDUSTRIES INC director Linda I. Knoll received 6 shares of Common Stock as a grant tied to dividend equivalents on prior RSU awards. The shares were acquired at no stated price and increase her directly owned position to 14,495 shares following the transaction on May 29, 2026.

Insider Trade Summary

Grant/Award: 6 shares

Grant/Award 1 txn

Insider Knoll Linda I.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	6	$0.00	$0.00

Holdings After Transaction: Common Stock — 14,495 shares (Direct)

Holdings Before and After: Common Stock, 14,489 to 14,495 shares (Direct)

Footnotes (1)

F1. Represents dividend equivalents earned on the prior RSU grant awards.

Key Figures

Shares granted: 6 shares Holdings after transaction: 14,495 shares Transaction price per share: $0.0000 per share

3 metrics

Shares granted 6 shares Dividend equivalents on prior RSU awards, transaction on May 29, 2026

Holdings after transaction 14,495 shares Common Stock directly owned by Linda I. Knoll after grant

Transaction price per share $0.0000 per share Grant/award acquisition of 6 Common Stock shares

Key Terms

dividend equivalents, RSU, Grant, award, or other acquisition

3 terms

dividend equivalents financial

"Represents dividend equivalents earned on the prior RSU grant awards."

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

RSU financial

"Represents dividend equivalents earned on the prior RSU grant awards."

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did ASTE director Linda Knoll report on this Form 4?

Director Linda I. Knoll reported acquiring 6 shares of ASTEC INDUSTRIES INC Common Stock. The acquisition was coded as a grant or award and is described as dividend equivalents earned on prior RSU grant awards, increasing her directly owned holdings to 14,495 shares.

How many ASTE shares does Linda Knoll hold after the reported Form 4 transaction?

After the reported transaction, Linda I. Knoll directly holds 14,495 shares of ASTEC INDUSTRIES INC Common Stock. This reflects the addition of 6 shares received as dividend equivalents related to earlier RSU grants, as disclosed in the Form 4 filing.

Was Linda Knoll’s ASTE Form 4 transaction a market buy or sell?

The Form 4 transaction was not a market buy or sell. It is coded as a grant or award acquisition, reflecting 6 dividend equivalent shares tied to previous RSU grants, with no per-share purchase price reported and no sale of ASTEC INDUSTRIES INC shares disclosed.

What is the significance of transaction code A in Linda Knoll’s ASTE Form 4?

Transaction code A on the Form 4 indicates a grant, award, or other acquisition of ASTEC INDUSTRIES INC shares. For Linda Knoll, it reflects receiving 6 dividend equivalent shares linked to earlier RSU awards, rather than executing an open-market trade in the company’s stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Knoll Linda I.

(Last)

(First)

(Middle)

1725 SHEPHERD RD

(Street)

CHATTANOOGA

TENNESSEE

37421

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ASTEC INDUSTRIES INC [ ASTE ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/29/2026		A		6⁽¹⁾	A	$0.00	14,495	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents dividend equivalents earned on the prior RSU grant awards.

Remarks:

	/s/ Edward Terrell Gilbert, JR as attorney in fact for Linda I Knoll	06/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR