Astec director awarded 7 dividend-equivalent shares
Astec Industries director Linda I. Knoll received additional shares as dividend equivalents tied to earlier RSU awards, modestly increasing her direct holdings.
Rhea-AI Filing Summary
ASTEC INDUSTRIES INC (ASTE) director Linda I. Knoll reported an acquisition of 7 shares of common stock on August 28, 2026. The shares represent dividend equivalents earned on prior restricted stock unit (RSU) grant awards and were received at no cash cost, bringing her directly held stake to 14,502 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 7 shares
Grant/Award
1 txn
Insider
Knoll Linda I.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 7 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 14,502 shares (Direct)
Footnotes (1)
- F1. Represents dividend equivalents earned on the prior RSU grant awards.
Key Figures
Shares acquired: 7 shares
Price per share: $0.00
Shares owned after transaction: 14,502 shares
3 metrics
Shares acquired
7 shares
Grant/award acquisition on August 28, 2026 as dividend equivalents
Price per share
$0.00
Reported for the 7-share grant/award acquisition
Shares owned after transaction
14,502 shares
Directly held by Linda I. Knoll following the August 28, 2026 award
Key Terms
dividend equivalents, restricted stock unit, grant, award, or other acquisition
3 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.
restricted stock unit financial
"dividend equivalents earned on the prior RSU grant awards"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
grant, award, or other acquisition financial
"transaction code description is Grant, award, or other acquisition"
FAQ
What insider transaction did ASTE director Linda I. Knoll report?
She reported an acquisition of 7 shares of common stock of Astec Industries Inc. on August 28, 2026, classified as a grant or award rather than an open-market purchase.
Was this ASTE insider transaction under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote stating the transaction was made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.