[Form 4] ASTEC INDUSTRIES INC Insider Trading Activity
Insider sale reported for ASTE. Group President Barend Snyman (via attorney-in-fact) sold 2,498 shares of Astec Industries common stock on 09/11/2025 at a reported price of $47.2166 per share. After the sale, the reporting person beneficially owned 15,559 shares. The Form 4 filing was signed by Edward Terrell Gilbert, Jr. as attorney-in-fact on 09/15/2025. No derivative transactions or additional explanatory details are included in this filing.
- Transaction fully reported: Form 4 discloses transaction date, price, shares sold, and resulting beneficial ownership.
- Signature provided: Filing includes attorney-in-fact signature and date ensuring procedural completion.
- No explanatory context: Filing does not state reason for the sale (e.g., Rule 10b5-1 plan, personal liquidity).
- Potential limited transparency: No information on whether this was part of a planned disposition or one-off sale.
Insights
TL;DR: Officer sold a modest block of shares; transaction reduces insider holdings to 15,559 shares.
The filing documents a straightforward open-market or private sale (code S) of 2,498 common shares by Group President Barend Snyman at $47.2166 per share on 09/11/2025. The remaining beneficial ownership is 15,559 shares. The report includes no derivative activity and contains no explanation for the sale, so analysis is limited to the disclosed size and price. For investors, this is a routine Section 16 disclosure showing a reduction in insider holdings but without additional context on intent or timing.
TL;DR: Filing is a routine, properly executed Form 4 reporting an insider sale via attorney-in-fact.
The Form 4 appears complete for the reported non-derivative transaction: it identifies the reporting person, relationship to the issuer (Group President), transaction date, code (S), shares sold, sale price, and resulting beneficial ownership. The signature by an attorney-in-fact is provided with a date. There are no disclosures of rule-based trading plans or exemptions in this document, and no indications of errors or amendments. Materiality is low given the single-sale disclosure and lack of other details.