Astec Industries (ASTE) director granted 21 dividend equivalent shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Astec Industries director Jeffrey T. Jackson reported an acquisition of 21 shares of common stock at no cost. The shares represent dividend equivalents earned on prior RSU grant awards. Following this small, compensation-related award, he directly holds a total of 11,909 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jackson Jeffrey T
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 21 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,909 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares acquired: 21 shares
Price per share: $0.00 per share
Shares held after transaction: 11,909 shares
+1 more
4 metrics
Shares acquired
21 shares
Grant, award, or other acquisition of common stock
Price per share
$0.00 per share
Dividend equivalent shares from prior RSU grant awards
Shares held after transaction
11,909 shares
Director’s direct common stock holdings following the grant
Transaction date
May 29, 2026
Date of Form 4 reported acquisition of 21 shares
Key Terms
dividend equivalents, RSU, Grant, award, or other acquisition
3 terms
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.
RSU financial
"Represents dividend equivalents earned on the prior RSU grant awards."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Astec Industries (ASTE) disclose for Jeffrey T. Jackson?
Astec Industries disclosed that director Jeffrey T. Jackson acquired 21 shares of common stock. The acquisition was recorded at a price of $0.00 per share and is classified as a grant or award, not an open-market purchase or sale.
Was the May 2026 Astec (ASTE) insider transaction an open-market buy or sell?
The transaction was not an open-market buy or sell. It is coded as an “A” transaction, meaning a grant, award, or other acquisition of 21 shares at $0.00 per share, tied to existing RSU-based compensation rather than market trading.