Astec Group President gets stock awards, withholds shares
Astec Industries Group President Barend Snyman reported multiple equity compensation events in common stock.
Rhea-AI Filing Summary
Astec Industries Group President Barend Snyman reported multiple equity compensation events in common stock. On February 26–27, he received stock awards of 1,071 and 1,477 shares, recorded as grant or award acquisitions. Several same‑day dispositions of 856, 254, 325, and 449 shares were reported as tax-withholding transactions to cover exercise price or tax liabilities.
All transactions involve directly held common stock, and a footnote explains that some shares were withheld to satisfy applicable tax obligations and that balances were updated for dividend equivalents on a 2025 RSU award.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 254 | $62.34 | $16K |
| Exercise Price or Tax Liability | Common Stock | 325 | $62.34 | $20K |
| Exercise Price or Tax Liability | Common Stock | 449 | $62.34 | $28K |
| Grant/Award | Common Stock | 1,071 | $62.34 | $67K |
| Grant/Award | Common Stock | 1,477 | $62.34 | $92K |
| Exercise Price or Tax Liability | Common Stock | 856 | $61.31 | $52K |
Footnotes (3)
- F1. Shares withheld to satisfy applicable tax withholding obligation.
- F2. Total share balance is updated to reflect dividend equivalents earned on the 2025 RSU award.
- F3. Shares acquired pursuant to vesting of stock awards from the Company in accordance with the terms of such stock awards.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did ASTE Group President Barend Snyman report?
Were Barend Snyman’s ASTE stock transactions open-market buys or sells?
Does the ASTE Form 4 mention dividend equivalents on Barend Snyman’s awards?
AI-generated analysis. How Rhea-AI works. Not financial advice.