[Form 4] Astec Industries Inc Insider Trading Activity
Linda I. Knoll, a director of Astec Industries, Inc. (ASTE), reported a transaction dated 08/29/2025 on Form 4. The filing shows 12,105 shares of Common Stock were acquired at a reported price of $0.00, with 12,105 shares listed as beneficially owned following the transaction and the ownership form noted as Direct (D). The transaction is explained in the filing as dividend equivalents earned on prior RSU grant awards. The Form 4 was signed by an attorney‑in‑fact on behalf of Ms. Knoll on 09/02/2025. No other securities or derivative transactions are reported on this Form 4.
- Transparent disclosure of the transaction including date, amount, and ownership form
- Shares acquired were paid as dividend equivalents on prior RSU awards, indicating settlement of existing compensation rather than an undisclosed transfer
- Transaction reported and signed by attorney‑in‑fact, satisfying Section 16 reporting formalities
- None.
Insights
TL;DR: Routine issuance of shares as dividend equivalents to an executive/director; no cash purchase and limited market impact.
The Form 4 documents a non‑cash acquisition of 12,105 common shares by director Linda Knoll, described explicitly as dividend equivalents from prior RSU awards. Because the shares were received at a reported price of $0.00 and represent settlement of previously granted equity compensation, this is a standard compensation accounting event rather than an open‑market trade. For investors, this does not change the companys reported cash position but modestly increases shares outstanding held by an insider.
TL;DR: Disclosure is a routine, compliant update showing settlement of equity compensation to a director.
The filing clearly identifies the reporting person as a company director and classifies the transaction as acquisition via dividend equivalents on prior RSU grants. The Form 4 includes the required signature by an attorney‑in‑fact and lists the transaction date and post‑transaction beneficial ownership. This meets Section 16 reporting obligations for insider equity changes and contains no indicators of unusual or noncompliant behavior.