Astec (NASDAQ: ASTE) director gets 15 RSU dividend equivalent shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Astec Industries director Shannon Patrick reported a small share award linked to prior RSU grants. On the reported date, he acquired 15 shares of Astec common stock at no cash cost, representing dividend equivalents earned on earlier restricted stock unit awards. Following this grant, he directly holds 9,781 common shares. This is a routine compensation-related adjustment rather than an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Shannon Patrick S

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	15	$0.00	--

Holdings After Transaction: Common Stock — 9,781 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares granted: 15 shares Grant price: $0.00 per share Shares held after grant: 9,781 shares

3 metrics

Shares granted 15 shares Dividend equivalents on prior RSU grant awards

Grant price $0.00 per share Non-cash grant of common stock

Shares held after grant 9,781 shares Direct common stock holdings after transaction

Key Terms

dividend equivalents, RSU, restricted stock unit, Form 4

4 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.

restricted stock unit financial

"dividend equivalents earned on earlier restricted stock unit awards."

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

Form 4 regulatory

"Does the Astec Industries (ASTE) Form 4 indicate any derivative securities activity?"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

06/02/2026 - 04:09 PM

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^*

Shannon Patrick S

(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		15⁽¹⁾	A	$0.00	9,781	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 Patrick S Shannon	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

FAQ

What insider transaction did Astec Industries (ASTE) report for Shannon Patrick?

Astec Industries reported that director Shannon Patrick acquired 15 shares of common stock. These shares are dividend equivalents credited on prior restricted stock unit (RSU) awards and were not purchased in the open market.

Was the Astec Industries (ASTE) insider transaction a market buy or sell?

The transaction was not a market buy or sell. It reflects a grant of 15 common shares as dividend equivalents on earlier RSU awards, recorded at zero price rather than an open-market purchase or sale.

How many Astec Industries (ASTE) shares does Shannon Patrick hold after this filing?

After this grant, Shannon Patrick directly holds 9,781 shares of Astec Industries common stock. This total includes the 15 new shares credited as dividend equivalents on his prior restricted stock unit awards.

What are dividend equivalents on RSU awards at Astec Industries (ASTE)?

Dividend equivalents on RSU awards are additional shares or credits reflecting dividends that would have been paid on underlying stock. In this case, 15 common shares were granted to Shannon Patrick as dividend equivalents on his prior RSU grants.

Does the Astec Industries (ASTE) Form 4 indicate any derivative securities activity?

No derivative securities transactions are reported in this Form 4. The filing only shows a non-derivative acquisition of 15 common shares as dividend equivalents, with no options or other derivatives listed in the derivative summary.