Astec executive awarded 20 ASTE shares

Astec Industries Group President Michael Paul Norris reported an acquisition of additional company stock through routine compensation.

Accepted by SEC EDGAR 04/02/2026 - 04:57 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Astec Industries Group President Michael Paul Norris reported an acquisition of additional company stock through routine compensation. On the stated date, he received 20 shares of Common Stock at no cost, representing dividend equivalents earned on prior restricted stock unit (RSU) awards.

Following this small award, Norris directly holds 22,405 shares of Astec Industries common stock. This filing reflects a non-market, compensation-related adjustment rather than an open‑market purchase or sale.

Insider Trade Summary

Grant/Award: 20 shares

Grant/Award 1 txn

Insider NORRIS MICHAEL PAUL

Role GROUP PRESIDENT

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	20	$0.00	$0.00

Holdings After Transaction: Common Stock — 22,405 shares (Direct)

Holdings Before and After: Common Stock, 22,385 to 22,405 shares (Direct)

Footnotes (1)

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

Key Figures

Shares awarded: 20 shares Price per awarded share: $0.00 per share Total shares after transaction: 22,405 shares

3 metrics

Shares awarded 20 shares Dividend equivalents on prior RSU grants, Common Stock

Price per awarded share $0.00 per share Grant, award, or other acquisition code A

Total shares after transaction 22,405 shares Direct Common Stock holdings following award

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 executive Michael Paul Norris report?

Michael Paul Norris reported receiving 20 shares of Astec Industries common stock as a compensation-related award. These shares represent dividend equivalents on earlier RSU grants and were received at no cost, rather than through an open-market purchase or sale.

How many ASTE shares does Michael Paul Norris hold after this Form 4?

After this transaction, Michael Paul Norris directly holds 22,405 shares of Astec Industries common stock. The 20-share award is small relative to his total holdings and reflects dividend equivalents earned on prior restricted stock unit grants.

Was the ASTE Form 4 transaction an open-market buy or sell?

The transaction was not an open-market buy or sell. It is coded as a grant or award, reflecting 20 dividend-equivalent shares credited at a price of $0.00 per share based on prior restricted stock unit awards, rather than a market trade.

What does “dividend equivalents earned on prior RSU grant awards” mean for ASTE?

Dividend equivalents are additional shares or units granted to mirror dividends paid on existing RSUs. For ASTE, Michael Paul Norris received 20 common shares because his earlier RSU awards accrued dividend equivalents, increasing his direct stock holdings slightly without a cash transaction.

How significant is this ASTE insider award of 20 shares?

The 20-share award is a very small, routine adjustment to compensation. It modestly increases Michael Paul Norris’s direct holdings to 22,405 shares and reflects dividend equivalents on prior RSU grants, rather than signaling a meaningful change in insider ownership behavior.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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^*

NORRIS MICHAEL PAUL

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/31/2026		A		20(1)	A	$0.00	22,405	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. Represents dividend equivalents earned on the prior RSU grant awards.

Remarks:

	/s/ Edward Terrell Gilbert, JR as attorney in fact for Michael Paul Norris	04/02/2026
	** 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)