Astec Industries (NASDAQ: ASTE) GC adds 19 dividend equivalent shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Astec Industries General Counsel and Corporate Secretary Edward Terrell Jr. reported a small equity-based compensation update. On May 29, 2026, he acquired 19 shares of common stock at a price of $0.00 per share, described as dividend equivalents earned on prior RSU grant awards. Following this award, he directly holds 8,865 common shares of Astec Industries. This is a routine, compensation-related share increase rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GILBERT EDWARD TERRELL JR
Role
GC & CORPORATE SECRETARY
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,865 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 19 shares
Price per share: $0.00 per share
Shares held after: 8,865 shares
+1 more
4 metrics
Shares acquired
19 shares
Common stock grant as dividend equivalents on May 29, 2026
Price per share
$0.00 per share
Grant/award acquisition of common stock
Shares held after
8,865 shares
Direct holdings following the reported transaction
Acquire transactions
1 transaction
Grant, award, or other acquisition type (code A)
Key Terms
dividend equivalents, RSU grant awards, Grant, award, or other acquisition, Common Stock
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 grant awards financial
"Represents dividend equivalents earned on the prior RSU grant awards."
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did ASTE General Counsel Edward Terrell Jr. report?
Edward Terrell Jr. reported acquiring 19 shares of Astec common stock. The shares represent dividend equivalents earned on prior RSU grant awards and were recorded at $0.00 per share, increasing his direct holdings to 8,865 shares.
Was the recent ASTE insider transaction an open-market buy or sell?
The transaction was not an open-market trade. It reflects a grant-type acquisition of 19 common shares as dividend equivalents on earlier RSU awards, at $0.00 per share, rather than a discretionary stock purchase or sale on the market.
What does “dividend equivalents” mean in the ASTE Form 4 footnote?
Dividend equivalents are additional shares or credits awarded to match dividends paid on underlying RSUs. In this case, Terrell received 19 Astec common shares as dividend equivalents earned on his prior RSU grant awards, with no cash consideration paid.
What role does the reporting person in this ASTE Form 4 hold?
The reporting person, Edward Terrell Jr., serves as Astec Industries’ General Counsel and Corporate Secretary. His Form 4 shows a compensation-related acquisition of 19 common shares, bringing his directly held position to 8,865 shares after the transaction.