Astec director acquires 7 dividend-equivalent shares
A director of ASTE received 7 additional shares as dividend-equivalent credits tied to prior RSU awards, bringing his direct holdings to 10,521 shares.
Rhea-AI Filing Summary
ASTEC INDUSTRIES INC (ASTE) director Winford James Murphy Jr reported an automatic acquisition of 7 shares of Common Stock on August 28, 2026. The shares represent dividend equivalents earned on prior RSU grant awards and carried no purchase price. After this credit, he directly holds 10,521 Common shares.
No transactions were reported under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 7 shares
Grant/Award
1 txn
Insider
WINFORD JAMES MURPHY JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 7 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 10,521 shares (Direct)
Footnotes (1)
- F1. Represents dividend equivalents earned on the prior RSU grant awards.
Key Figures
Shares acquired: 7 shares
Price per share: $0.00 per share
Shares owned after transaction: 10,521 shares
+1 more
4 metrics
Shares acquired
7 shares
Automatic acquisition on August 28, 2026 as dividend equivalents on prior RSU awards
Price per share
$0.00 per share
Credited shares representing dividend equivalents, not a market purchase
Shares owned after transaction
10,521 shares
Director’s direct Common Stock holdings after August 28, 2026 acquisition
Transactions acquiring shares
1 transaction
Single non-derivative grant/award acquisition reported in this Form 4
Key Terms
dividend equivalents, RSU grant awards
2 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 grant awards financial
"dividend equivalents earned on the prior RSU grant awards"
FAQ
What insider transaction did ASTE report for director Winford James Murphy Jr?
ASTEC INDUSTRIES INC reported that director Winford James Murphy Jr automatically acquired 7 shares of Common Stock on August 28, 2026 as dividend equivalents on prior RSU grant awards, at no purchase price.
Was the August 28, 2026 ASTE insider transaction under a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 trading plan for the reported August 28, 2026 acquisition of 7 ASTE shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.