Astec Industries (ASTE) Insider Filing: Gliebe's Direct Holdings Rise to 10,528
Rhea-AI Filing Summary
Insider acquisition recorded: Mark Joseph Gliebe, a director of Astec Industries Inc (ASTE), was reported to have received 10 shares of common stock on 08/29/2025. The shares were recorded as an acquisition with a $0.00 price and are explained as dividend equivalents earned on prior restricted stock unit awards. Following this transaction, Mr. Gliebe's direct beneficial ownership is reported as 10,528 shares. The Form 4 was signed by an attorney-in-fact on 09/02/2025.
Positive
- Director increased direct holdings to 10,528 shares after receipt of 10 dividend-equivalent shares
- Clear disclosure of transaction date (08/29/2025), acquisition code, and explanation linking shares to prior RSU awards
Negative
- None.
Insights
TL;DR: Small, non-cash acquisition from dividend equivalents increases a director's direct stake to 10,528 shares; not material to valuation.
The Form 4 shows a routine, non-cash acquisition coded A for 10 shares at a $0.00 price, explicitly described as dividend equivalents from prior RSU grants. This is a technical increase in direct ownership rather than an open-market purchase and does not indicate a change in trading intent or a new grant. For investors, the change is factual but immaterial in scale relative to typical public-company float and does not by itself signal a material shift in insider alignment.
TL;DR: Transaction reflects standard compensation mechanics; disclosure is timely and complete for this event.
The filing documents a director receiving dividend equivalents tied to existing RSU awards, a common element of executive/director compensation. The report lists direct ownership form and provides an explanation for the acquisition method, meeting disclosure expectations under Section 16. No unusual terms, derivative instruments, or amendments are present in the filing text provided.