STOCK TITAN

Astec Industries (ASTE) president awarded stock and withholds shares for tax

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

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.
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*
SNYMAN BAREND

(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)
Group President
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 856(1) D $61.31 17,862(2) D
Common Stock 02/27/2026 F 254(1) D $62.34 17,608 D
Common Stock 02/27/2026 F 325(1) D $62.34 17,283 D
Common Stock 02/27/2026 F 449(1) D $62.34 16,834 D
Common Stock 02/27/2026 A 1,071(3) A $62.34 17,905 D
Common Stock 02/27/2026 A 1,477(3) A $62.34 19,382 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.
2. Total share balance is updated to reflect dividend equivalents earned on the 2025 RSU award.
3. Shares acquired pursuant to vesting of stock awards from the Company in accordance with the terms of such stock awards.
Remarks:
/s/ Edward Terrell Gilbert, JR as attorney in fact for Barend Snyman 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 transactions did ASTE Group President Barend Snyman report?

Barend Snyman reported equity compensation activity in Astec Industries common stock, including grants and tax-withholding dispositions. He received awards of 1,071 and 1,477 shares and reported several small share disposals used to satisfy tax or exercise price obligations tied to those awards.

Were Barend Snyman’s ASTE stock transactions open-market buys or sells?

The reported ASTE transactions were not open-market trades. They are classified as stock award grants (code A) and tax-withholding dispositions (code F), where shares are withheld by the company to pay taxes or exercise costs associated with vesting stock awards rather than discretionary market purchases or sales.

How many ASTE shares were granted to Barend Snyman in this Form 4?

The Form 4 shows two non-derivative stock award grants to Barend Snyman: 1,071 shares and 1,477 shares of Astec Industries common stock. These are reported as acquisitions under transaction code A, reflecting equity compensation awarded in accordance with the company’s stock award terms.

Why were some of Barend Snyman’s ASTE shares disposed of in these transactions?

Shares were disposed of under transaction code F, which the filing describes as payment of exercise price or tax liability by delivering securities. A footnote clarifies that certain shares were withheld specifically to satisfy applicable tax withholding obligations related to the vesting of company stock awards.

Does the ASTE Form 4 mention dividend equivalents on Barend Snyman’s awards?

Yes. A footnote states that the total share balance was updated to reflect dividend equivalents earned on the 2025 RSU award. This means additional shares were credited in line with dividends, adjusting the reported balance associated with that restricted stock unit grant for Astec Industries.
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