Astec executive logs tax-share disposals, stock awards
ASTEC INDUSTRIES INC group president Michael Paul Norris reported multiple common stock transactions tied to equity compensation and taxes.
Rhea-AI Filing Summary
ASTEC INDUSTRIES INC group president Michael Paul Norris reported multiple common stock transactions tied to equity compensation and taxes. On February 26–27, 2026, he disposed of several small blocks of shares at prices around $61.31–$62.34 to cover tax withholding obligations on vested awards.
On the same date, he also acquired blocks of company stock at no cost through the vesting and grant of stock awards in accordance with their terms. After these compensation-related transactions, his directly owned common stock position was 22,385 shares.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 521 | $62.34 | $32K |
| Exercise Price or Tax Liability | Common Stock | 667 | $62.34 | $42K |
| Exercise Price or Tax Liability | Common Stock | 920 | $62.34 | $57K |
| Grant/Award | Common Stock | 1,784 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 2,461 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 815 | $61.31 | $50K |
Footnotes (3)
- F1. Shares withheld to satisfy applicable tax withholding obligation.
- F2. Total share balance is updated to reflect dividend equivalents earned on the 2025 RSU award.
- F3. Shares acquired pursuant to vesting of stock awards from the Company in accordance with the terms of such stock awards.
FAQ
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What insider transactions did ASTE executive Michael Paul Norris report?
Were Michael Paul Norris’s ASTE stock dispositions open-market sales?
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