Astec director granted 25 dividend-equivalent shares
A director of ASTE received 25 dividend-equivalent shares tied to prior RSU awards, bringing his direct holdings to 12,324 shares.
Rhea-AI Filing Summary
ASTEC INDUSTRIES INC (ASTE) director Jeffrey T. Jackson reported an acquisition of 25 shares of common stock on August 28, 2026 as a grant/award, representing dividend equivalents earned on prior RSU grant awards. Following this award, he directly holds a total of 12,324 common shares, and no Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 25 shares
Grant/Award
1 txn
Insider
Jackson Jeffrey T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 25 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 12,324 shares (Direct)
Footnotes (1)
- F1. Represents dividend equivalents earned on the prior RSU grant awards.
Key Figures
Shares acquired: 25 shares
Price per share: $0.00
Total shares held after transaction: 12,324 shares
+2 more
5 metrics
Shares acquired
25 shares
Grant/award acquisition of dividend equivalents on August 28, 2026
Price per share
$0.00
Grant/award of dividend-equivalent shares, not a cash purchase
Total shares held after transaction
12,324 shares
Director Jeffrey T. Jackson’s direct ownership following the grant
Transaction code
A
Indicates grant, award, or other acquisition of common stock
Rule 10b5-1 plan status
No plan reported
Affirmative 10b5-1 checkbox is not marked
Key Terms
dividend equivalents, RSU, Rule 10b5-1, grant, award, or other acquisition
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
"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.
Rule 10b5-1 regulatory
"no Rule 10b5-1 trading plan is reported for this transaction"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
grant, award, or other acquisition financial
"transaction uses code A, which denotes a grant, award, or other acquisition"
FAQ
What insider transaction did ASTE director Jeffrey T. Jackson report?
He reported an acquisition of 25 shares of ASTEC INDUSTRIES INC common stock on August 28, 2026 as a grant or award representing dividend equivalents on prior RSU grants.
Was Jeffrey T. Jackson’s ASTE transaction made under a Rule 10b5-1 trading plan?
No. The filing indicates the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported for this transaction.
What transaction code is used for the ASTE Form 4 filing?
The transaction uses code A, which denotes a grant, award, or other acquisition of ASTEC INDUSTRIES INC common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.