Astec Industries (ASTE) Group President receives 29-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Astec Industries Inc. Group President Barend Snyman reported an acquisition of company stock as part of his compensation. On March 31, 2026, he received 29 shares of Common Stock at $0.00 per share, increasing his direct holdings to 19,411 shares.
According to the footnote, these 29 shares represent dividend equivalents earned on prior restricted stock unit (RSU) grant awards, meaning they are an automatic, non-cash compensation-related adjustment rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SNYMAN BAREND
Role
Group President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 29 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 19,411 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 29 shares
Grant price: $0.00 per share
Holdings after transaction: 19,411 shares
+1 more
4 metrics
Shares granted
29 shares
Common Stock grant on March 31, 2026
Grant price
$0.00 per share
Compensation-related award, not market purchase
Holdings after transaction
19,411 shares
Direct Common Stock ownership following grant
Transaction code
A
Grant, award, or other acquisition of non-derivative security
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 regulatory
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did ASTE Group President Barend Snyman report?
Barend Snyman reported receiving 29 shares of Astec Industries Common Stock as compensation. The shares were granted at $0.00 per share and increased his direct holdings to 19,411 shares, reflecting a small, routine adjustment rather than an open-market trade.
Was Barend Snyman’s ASTE transaction a stock purchase or a grant?
The transaction was a grant, not a market purchase. Snyman acquired 29 shares of Common Stock at $0.00 per share as a compensation-related award, categorized as a grant, award, or other acquisition under Form 4 coding rules.
Does Barend Snyman’s ASTE Form 4 show any stock sales?
The Form 4 does not report any stock sales by Barend Snyman. It lists a single acquisition transaction coded as a grant or award, in which he received 29 shares tied to dividend equivalents on existing RSU grants.