Astec Industries (NASDAQ: ASTE) director receives 6 RSU dividend-equivalent shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Knoll Linda I.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 14,495 shares (Direct, null)
Footnotes (1)
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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
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.
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.