Astec CEO granted 139 dividend-equivalent shares

Astec’s CEO received additional common shares via RSU dividend equivalents and phantom stock units credited under the supplemental executive retirement plan.

Rhea-AI Filing Summary

ASTEC INDUSTRIES INC (ASTE) reported that Chief Executive Officer Jaco van der Merwe received equity-related awards on August 28, 2026. He acquired 139 shares of common stock as dividend equivalents on prior RSU awards, bringing his direct common stock holdings to 113,376 shares. He also acquired 4.2118 units of Phantom Stock under Astec's supplemental executive retirement plan, increasing his phantom stock balance to 1,403.5514 units, which are payable in cash after his service as an officer ends.

Insider Trade Summary

Grant/Award: 143.2118 shares

Grant/Award 2 txns

Insider Merwe Jaco van der

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock F2, F3	4.2118	$0.00	$0.00
Grant/Award	Common Stock F1	139	$0.00	$0.00

Holdings After Transaction: Phantom Stock — 1,403.5514 contracts (Direct); Common Stock — 113,376 shares (Direct)

Footnotes (3)

1. F1. Represents dividend equivalents earned on the prior RSU grant awards.
2. F2. Reflects acquisition of phantom stock under Astec's supplemental executive retirement plan. Each share of phantom stock represents the right to receive the cash value of one share of Astec common stock.
3. F3. The shares of phantom stock become payable upon the reporting person's termination of service as an officer, in a single lump sum or in up to 10 annual installments, at the election of the reporting person.

Key Figures

Common shares acquired: 139 shares Common shares held after transaction: 113,376 shares Phantom stock units acquired: 4.2118 units +2 more

5 metrics

Common shares acquired 139 shares Dividend equivalents on prior RSU awards on August 28, 2026

Common shares held after transaction 113,376 shares CEO direct ownership following August 28, 2026 award

Phantom stock units acquired 4.2118 units Phantom Stock credited under supplemental executive retirement plan on August 28, 2026

Phantom stock units held after transaction 1,403.5514 units CEO phantom stock balance after August 28, 2026 grant

Maximum installment period for phantom stock payout 10 annual installments Payout schedule choice after termination of service as an officer

Key Terms

Phantom Stock, dividend equivalents, supplemental executive retirement plan, restricted stock unit

4 terms

Phantom Stock financial

"Reflects acquisition of phantom stock under Astec's supplemental executive retirement plan"

A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.

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.

supplemental executive retirement plan financial

"acquisition of phantom stock under Astec's supplemental executive retirement plan"

restricted stock unit financial

"dividend equivalents earned on the prior RSU grant awards"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did ASTE’s CEO report on August 28, 2026?

The CEO reported two acquisitions: 139 shares of common stock as dividend equivalents on prior RSU awards and 4.2118 phantom stock units under the supplemental executive retirement plan, all on August 28, 2026.

How many ASTE common shares does the CEO hold after this Form 4?

After these transactions, the CEO directly holds 113,376 shares of Astec common stock. This includes the 139-share acquisition reported as dividend equivalents on prior restricted stock unit awards.

What is the phantom stock position for the ASTE CEO after the reported transaction?

Following the reported grant, the CEO holds 1,403.5514 units of Phantom Stock. Each phantom stock unit represents the right to receive the cash value of one share of Astec common stock at a future payout date.

When will the ASTE CEO’s phantom stock units become payable?

The phantom stock units become payable upon the CEO’s termination of service as an officer, and may be paid in a single lump sum or in up to 10 annual installments, based on his election.

Were the ASTE CEO’s August 28, 2026 transactions under a Rule 10b5-1 plan?

No. The filing indicates no Rule 10b5-1 trading plan for these transactions, meaning they are not reported as being executed under a pre-arranged 10b5-1 plan.

What is the nature of the 139 ASTE shares acquired by the CEO?

The 139 shares of Astec common stock represent dividend equivalents earned on prior restricted stock unit grant awards, meaning they are additional shares credited in lieu of cash dividends.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/02/2026 - 04:17 PM EDT Accepted by SEC EDGAR 09/02/2026 - 04:16 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Merwe Jaco van der

(Last) (First) (Middle)

1725 SHEPHERD RD

(Street)

CHATTANOOGA TENNESSEE 37421

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ASTEC INDUSTRIES INC [ ASTE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/28/2026		A		139(1)	A	$0.00	113,376	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock	(2)	08/28/2026		A		4.2118		(2)	(3)	Common Stock	0.00	$0.00	1,403.5514	D

Explanation of Responses:

1. Represents dividend equivalents earned on the prior RSU grant awards.

2. Reflects acquisition of phantom stock under Astec's supplemental executive retirement plan. Each share of phantom stock represents the right to receive the cash value of one share of Astec common stock.

3. The shares of phantom stock become payable upon the reporting person's termination of service as an officer, in a single lump sum or in up to 10 annual installments, at the election of the reporting person.

Remarks:

	/s/ Edward Terrell Gilbert, JR as attorney in fact for Jaco van der Merwe	09/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)