Astec Industries (NASDAQ: ASTE) CFO has shares withheld to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Astec Industries Inc.'s Chief Financial Officer Brian James Harris reported a small share disposition related to tax withholding. On February 26, 2026, 535 shares of common stock were withheld at a price of $61.31 per share to satisfy tax obligations. After this tax-withholding transaction, Harris directly owned 15,670 shares of Astec common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harris Brian James
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 535 | $61.31 | $33K |
Holdings After Transaction:
Common Stock — 15,670 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did ASTE's CFO report on February 26, 2026?
Astec Industries’ CFO Brian James Harris reported a tax-related share disposition. On February 26, 2026, 535 common shares were withheld at $61.31 each to cover applicable tax obligations, leaving him with direct ownership of 15,670 Astec Industries shares after the transaction.
Was the ASTE CFO’s Form 4 transaction an open-market sale?
The transaction was not an open-market sale. The Form 4 shows 535 shares of Astec common stock were withheld to satisfy a tax withholding obligation, coded as an “F” transaction for payment of tax liability by delivering securities, rather than a discretionary sale in the market.
What does transaction code "F" mean in the ASTE CFO’s Form 4 filing?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this case, 535 Astec common shares were withheld from Brian James Harris to satisfy tax withholding obligations, rather than being sold voluntarily on the open market.