Astec executive awarded 20 dividend-equivalent shares

Astec Industries Group President Michael Paul Norris reported a small compensation-related stock award.

Accepted by SEC EDGAR 06/02/2026 - 04:06 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Astec Industries Group President Michael Paul Norris reported a small compensation-related stock award. On the reported date, he acquired 20 shares of Astec Industries common stock at no cost, described as dividend equivalents earned on prior RSU grant awards. Following this award, his directly held common stock position increased to 22,425 shares, indicating a routine update to equity compensation rather than an open-market purchase or sale.

Insider Trade Summary

Grant/Award: 20 shares

Grant/Award 1 txn

Insider NORRIS MICHAEL PAUL

Role GROUP PRESIDENT

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	20	$0.00	$0.00

Holdings After Transaction: Common Stock — 22,425 shares (Direct)

Holdings Before and After: Common Stock, 22,405 to 22,425 shares (Direct)

Footnotes (1)

1. F1. Represents dividend equivalents earned on the prior RSU grant awards.

Key Figures

Shares granted: 20 shares Post-transaction holdings: 22,425 shares Transaction price per share: $0.00 per share

3 metrics

Shares granted 20 shares Dividend equivalents on prior RSU grant awards

Post-transaction holdings 22,425 shares Common stock directly held after award

Transaction price per share $0.00 per share Grant/award acquisition, non-market transaction

Key Terms

dividend equivalents, RSU, 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.

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.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did ASTE executive Michael Paul Norris report?

Group President Michael Paul Norris reported receiving 20 shares of Astec Industries common stock. These shares were granted at no cost as dividend equivalents on prior RSU awards, modestly increasing his equity holdings.

Was the ASTE insider transaction an open-market buy or sale?

The ASTE insider transaction was not an open-market trade. Norris received 20 shares as a compensation-related grant, recorded as dividend equivalents on earlier RSU awards, rather than buying or selling shares in the market.

How many ASTE shares does Michael Paul Norris hold after this transaction?

After this transaction, Michael Paul Norris directly holds 22,425 Astec Industries common shares. The filing shows his position increased by 20 shares through dividend-equivalent credits tied to previous RSU grants.

What does the Form 4 say about ASTE RSU dividend equivalents?

The Form 4 explains that the 20 additional ASTE shares represent dividend equivalents earned on prior RSU grant awards. Such equivalents credit stock units or shares in place of cash dividends on unvested RSUs.

Is the ASTE Form 4 for Michael Paul Norris a significant insider signal?

This ASTE Form 4 reflects a small, routine compensation adjustment. Norris received 20 dividend-equivalent shares, a minor change relative to his 22,425-share direct holding, and not a discretionary market purchase or sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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^*

NORRIS MICHAEL PAUL

(Last) (First) (Middle)

1725 SHEPHERD RD

(Street)

CHATTANOOGA TENNESSEE 37421

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/29/2026		A		20(1)	A	$0.00	22,425	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. Represents dividend equivalents earned on the prior RSU grant awards.

Remarks:

	/s/ Edward Terrell Gilbert, JR as attorney in fact for Michael Paul Norris	06/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)