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Astec Industries (ASTE) Group President awarded RSUs, shares withheld for tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Astec Industries Group President Barend Snyman reported routine equity transactions. On February 20, 2026, 648 shares of common stock were withheld at $57.44 per share to cover tax obligations, rather than sold in the open market. The same day, he received an annual grant of 3,656 restricted stock units (RSUs) under the company’s 2025 Equity Incentive Plan. Following these transactions, his directly held common stock position increased to 18,606 shares, reflecting ongoing equity-based compensation.

Positive

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Negative

  • None.
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*
SNYMAN BAREND

(Last) (First) (Middle)
1725 SHEPHERD RD

(Street)
CHATTANOOGA TN 37421

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ASTEC INDUSTRIES INC [ ASTE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Group President
3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/20/2026 F 648(1) D $57.44 14,950 D
Common Stock 02/20/2026 A 3,656(2) A $0.00 18,606 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares withheld to satisfy tax withholding obligation.
2. Reported transaction is an annual grant of RSUs under the Company's 2025 Equity Incentive Plan.
Remarks:
/s/ Edward Terrell Gilbert, JR as attorney in fact for Barend Snyman 02/23/2026
** 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.

FAQ

What insider transactions did ASTE executive Barend Snyman report?

Barend Snyman reported two routine equity transactions: 648 common shares withheld to satisfy tax obligations and an annual grant of 3,656 restricted stock units. Both occurred on February 20, 2026, as part of Astec Industries’ equity compensation practices for senior leadership.

Was the ASTE insider transaction a stock sale on the open market?

No, the 648 ASTE shares were withheld to cover tax obligations, not sold on the open market. This tax-withholding disposition is a common mechanism when equity awards vest and does not represent a discretionary sale by the executive.

What equity award did the ASTE Group President receive in this Form 4?

The Group President received an annual award of 3,656 restricted stock units under Astec Industries’ 2025 Equity Incentive Plan. RSUs typically vest over time, aligning executive compensation with long-term company performance and shareholder interests, as disclosed in this filing.

How many ASTE shares does Barend Snyman hold after these transactions?

After the reported tax withholding and RSU grant, Barend Snyman directly holds 18,606 shares of Astec Industries common stock. This figure reflects his updated ownership position following the February 20, 2026 equity compensation activity reported in the Form 4.

Does the ASTE Form 4 indicate insider buying or selling activity?

The Form 4 shows a mix of acquisition and disposition tied to compensation. Shares were disposed of solely for tax withholding, while new restricted stock units were granted. There is no open-market insider buying or selling activity disclosed in this particular filing.
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Farm & Heavy Construction Machinery
Construction Machinery & Equip
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United States
CHATTANOOGA