[Form 4] Astec Industries Inc Insider Trading Activity
William D. Gehl, a director of Astec Industries, reported two non-derivative acquisitions of Common Stock (ASTE) on 08/29/2025. The filing shows these shares were recorded at a $0.00 price because they represent dividend equivalents credited on prior RSU awards and deferred stock units reinvested from dividend rights. Following the reported transactions the Form 4 lists beneficial ownership balances of 40,451 and 40,503 shares (direct ownership). The Form 4 was signed by an attorney-in-fact on behalf of Mr. Gehl on 09/02/2025. The filing discloses no cash purchase, no disposals, and no derivative transactions.
- Insider increased equity stake through credited dividend equivalents and reinvested deferred stock units
- Clear disclosure of transaction dates, amounts, ownership form (direct), and explanatory remarks consistent with compensation plan activity
- None.
Insights
TL;DR: Director acquired shares via dividend equivalents and deferred units, increasing direct common stock balances without cash outlay.
The transactions are routine compensation-related adjustments rather than open-market purchases. The shares were credited at $0.00 because they derive from dividend equivalents on restricted stock units and reinvested deferred stock units, which is common for equity compensation plans. The reported beneficial ownership balances (40,451 and 40,503 shares) appear to reflect updated holdings after the crediting events. This disclosure has minimal immediate impact on company valuation but provides transparency on insider equity accumulation.
TL;DR: Insider equity increased through in-plan mechanisms; disclosure complies with Section 16 reporting norms.
The Form 4 properly identifies Mr. Gehl as a director and reports acquisitions tied to equity compensation mechanics (dividend equivalents and reinvestment into deferred stock units). The filing includes the preparer/attorney-in-fact signature and transaction dates, satisfying standard governance and disclosure controls. There are no indications of related-party transactions, option exercises, or unexpected disposals that would raise governance concerns.