[Form 4] Astec Industries Inc Insider Trading Activity
Barend Snyman, Group President of Astec Industries Inc. (ASTE), reported a sale of 493 shares of the issuer's common stock on 08/15/2025 at a price of $45.73 per share. After the reported disposition, Mr. Snyman beneficially owned 18,016 shares. The filing notes that shares were withheld to satisfy applicable tax withholding obligations. The Form 4 was signed by an attorney-in-fact on 08/19/2025. The report indicates an individual filing by one reporting person and lists Mr. Snyman as an officer and director.
- Timely disclosure of the insider transaction consistent with Section 16 filing requirements
- Reason for disposition provided (shares withheld to satisfy tax withholding obligations), improving transparency
- Insider sale of 493 shares was reported, which reduces the officer's holdings (from unstated prior amount to 18,016 after the sale)
Insights
TL;DR: A small, routine insider sale was disclosed, with limited apparent impact on ownership stake.
The Form 4 shows a disposition of 493 shares at $45.73, leaving the reporting person with 18,016 shares beneficially owned. The filing explicitly states that shares were withheld to satisfy tax withholding obligations, which commonly explains modest disposals following option exercises or vesting events. Based solely on the reported numbers, the transaction represents a small percentage of the reported post-transaction holdings and appears to be an administrative sale rather than a material change in insider ownership.
TL;DR: Disclosure was timely and complete for this single insider sale; governance processes appear followed.
The Form 4 identifies the reporting person as Group President and indicates the form was filed by one reporting person and signed by an attorney-in-fact. The explanation provided—shares withheld for tax withholding—is explicitly stated. From a governance perspective, the filing meets Section 16(a) disclosure requirements by reporting the transaction details and remaining beneficial ownership without additional qualifiers.