Astec Industries (ASTE) Group President awarded RSUs, shares withheld for tax
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SNYMAN BAREND
Role
Group President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 648 | $57.44 | $37K |
| Grant/Award | Common Stock | 3,656 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 14,950 shares (Direct)
Footnotes (1)
- Shares withheld to satisfy tax withholding obligation. Reported transaction is an annual grant of RSUs under the Company's 2025 Equity Incentive Plan.
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.
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.