Astec Industries (NASDAQ: ASTE) CFO granted 32 dividend equivalent shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Astec Industries Inc. Chief Financial Officer Brian James Harris reported a small equity compensation adjustment. He acquired 32 shares of common stock on May 29, 2026 at no cost, representing dividend equivalents earned on prior restricted stock unit (RSU) awards. Following this grant, he directly holds 15,733 common shares.
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 |
|---|---|---|---|---|
| Grant/Award | Common Stock | 32 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 15,733 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 32 shares
Grant price: $0.0000 per share
Shares owned after grant: 15,733 shares
3 metrics
Shares granted
32 shares
Dividend equivalents on prior RSU awards, May 29, 2026
Grant price
$0.0000 per share
Compensation-related equity grant, not a market purchase
Shares owned after grant
15,733 shares
CFO’s direct common stock holdings following the transaction
Key Terms
dividend equivalents, RSU, Common Stock, Grant, award, or other acquisition
4 terms
dividend equivalents financial
"Represents dividend equivalents earned on the prior RSU grant awards."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
RSU financial
"Represents dividend equivalents earned on the prior RSU grant awards."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Astec Industries (ASTE) CFO report in this Form 4?
The CFO reported receiving 32 shares of Astec Industries common stock as a compensation-related grant. These shares represent dividend equivalents on earlier RSU awards and increased his direct holdings to 15,733 shares after the transaction.
Was the Astec Industries (ASTE) CFO’s Form 4 transaction a market purchase or sale?
The transaction was neither a market purchase nor a sale. It was a grant of 32 common shares at no cost, recorded as dividend equivalents on prior RSU awards, reflecting routine equity compensation adjustments.
What does “dividend equivalents” mean in the Astec Industries (ASTE) Form 4?
Dividend equivalents are additional shares or units granted to match dividends paid on underlying stock. In this case, the CFO received 32 shares as dividend equivalents on prior RSU grants, aligning his RSU awards with shareholder dividend benefits.