ASTEC INDUSTRIES (NASDAQ: ASTE) director receives 2,365-share annual stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gliebe Mark Joseph reported acquisition or exercise transactions in this Form 4 filing.
ASTEC INDUSTRIES INC director Mark Joseph Gliebe received a grant of Common Stock as part of his annual compensation for board service. The award was for 2,365 shares at a price of $0.00 per share, reflecting a stock-based compensation grant rather than a market purchase. Following this award, he directly holds 12,912 shares of the company’s Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gliebe Mark Joseph
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,365 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,912 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock award size: 2,365 shares
Transaction price per share: $0.00 per share
Shares owned after award: 12,912 shares
3 metrics
Stock award size
2,365 shares
Annual stock award to non-employee director
Transaction price per share
$0.00 per share
Equity compensation grant, not market purchase
Shares owned after award
12,912 shares
Total direct holdings after Form 4 transaction
Key Terms
Common Stock, non-employee director, annual stock award
3 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-employee director financial
"annual stock award for being a non-employee director of the Company"
annual stock award financial
"Transaction represents annual stock award for being a non-employee director"
FAQ
What insider transaction did ASTE director Mark Joseph Gliebe report?
Mark Joseph Gliebe reported receiving an annual stock award of 2,365 shares of ASTEC INDUSTRIES INC Common Stock. This was a compensation grant for serving as a non-employee director, not an open-market purchase or sale, and increased his direct share holdings.
Is the ASTE Form 4 transaction a market buy or sell by Mark Gliebe?
The ASTE Form 4 transaction is not a market buy or sell. It records a grant of 2,365 Common Stock shares to Mark Gliebe as an annual stock award for being a non-employee director, classified as a grant or award acquisition rather than an open-market transaction.