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Astec Industries (NASDAQ: ASTE) GC reports 501-share tax withholding move

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ASTEC INDUSTRIES INC general counsel and corporate secretary Edward Terrell Jr reported a Form 4 transaction involving company common stock. On this date, 501 shares were disposed of at $61.31 per share to satisfy tax withholding obligations, leaving him with 9,803 directly held shares.

Positive

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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*
GILBERT EDWARD TERRELL JR

(Last) (First) (Middle)
1725 SHEPHERD RD

(Street)
CHATTANOOGA TN 37421

(City) (State) (Zip)
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)
GC & CORPORATE SECRETARY
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/26/2026 F 501(1) D $61.31 9,803 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
Explanation of Responses:
1. Shares withheld to satisfy applicable tax withholding obligation.
Remarks:
/s/ Edward Terrell Gilbert JR 03/02/2026
** 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.

FAQ

What insider transaction did ASTE’s Edward Terrell report on this Form 4?

Edward Terrell reported a tax-withholding disposition of ASTEC INDUSTRIES common stock. He disposed of 501 shares as part of satisfying tax obligations, rather than an open-market sale, and retained direct ownership of 9,803 shares after the transaction.

Was the ASTE Form 4 transaction by Edward Terrell a normal sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. The 501 shares were withheld by the company to cover applicable tax withholding obligations tied to equity compensation, as noted in the filing footnote.

How many ASTE shares did Edward Terrell dispose of in this Form 4 filing?

Edward Terrell disposed of 501 shares of ASTEC INDUSTRIES common stock. The transaction was coded “F,” indicating payment of tax liability by delivering securities, and was executed at a reported price of $61.31 per share.

How many ASTE shares does Edward Terrell hold after this reported transaction?

After the tax-withholding disposition, Edward Terrell directly holds 9,803 shares of ASTEC INDUSTRIES common stock. The Form 4 states this total share amount as his direct ownership following the completion of the 501-share disposition.

What does transaction code F mean in the ASTE Form 4 for Edward Terrell?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this ASTE Form 4, 501 shares were withheld to satisfy applicable tax withholding obligations related to equity compensation, rather than being sold on the open market.

What is Edward Terrell’s role at ASTEC INDUSTRIES in this Form 4 filing?

The Form 4 identifies Edward Terrell as ASTEC INDUSTRIES’ general counsel and corporate secretary. He is an officer but not a director or 10% owner, and the reported transaction reflects equity compensation-related tax withholding.
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Farm & Heavy Construction Machinery
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United States
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