What is the significance of the 9-share award reported for Astec Industries (ASTE)?

The 9-share award is a small incremental increase in ownership. It represents dividend equivalents earned on prior RSU grant awards, rather than a large discretionary trade, and modestly raises the director’s direct holdings to 7,401 shares of common stock.

Astec Industries director granted 9 common shares

Astec Industries director Shannon Patrick S reported an acquisition of 9 shares of common stock on March 31, 2026.

Accepted by SEC EDGAR 04/02/2026 - 04:55 PM EDT

Filing Impact

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Filing Sentiment

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Form Type

Rhea-AI Filing Summary

Astec Industries director Shannon Patrick S reported an acquisition of 9 shares of common stock on March 31, 2026. The shares were credited at $0.00 per share as dividend equivalents earned on prior RSU grant awards. After this award, Patrick directly held 7,401 shares of Astec Industries common stock.

Insider Trade Summary

Grant/Award: 9 shares

Grant/Award 1 txn

Insider Shannon Patrick S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	9	$0.00	$0.00

Holdings After Transaction: Common Stock — 7,401 shares (Direct)

Holdings Before and After: Common Stock, 7,392 to 7,401 shares (Direct)

Footnotes (1)

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

Key Figures

Shares awarded: 9 shares Award price per share: $0.00 per share Shares held after transaction: 7,401 shares

3 metrics

Shares awarded 9 shares Common stock grant on March 31, 2026

Award price per share $0.00 per share Grant, award, or other acquisition

Shares held after transaction 7,401 shares Total direct common stock holdings post-award

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 did Astec Industries (ASTE) director Shannon Patrick S report on this Form 4?

Astec Industries director Shannon Patrick S reported receiving 9 shares of common stock. These shares were credited as a grant at $0.00 per share and increased his direct holdings to 7,401 shares after the transaction.

Was the Astec Industries (ASTE) Form 4 transaction a purchase or a grant?

The Form 4 shows a grant or award acquisition, not an open-market purchase. The 9 shares of common stock were received at $0.00 per share, classified under transaction code A, which denotes a grant, award, or other acquisition.

How many Astec Industries (ASTE) shares does Shannon Patrick S hold after this filing?

Following the reported transaction, Shannon Patrick S directly holds 7,401 shares of Astec Industries common stock. This figure includes the 9 shares credited in this filing and reflects his total direct ownership position after the award.

What does the footnote about dividend equivalents mean in the Astec Industries (ASTE) Form 4?

The footnote explains that the 9 shares represent dividend equivalents earned on earlier RSU grant awards. Instead of paying cash dividends on those RSUs, additional common shares were credited, reflecting the value of dividends that would have been paid.

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^*

Shannon Patrick S

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/31/2026		A		9⁽¹⁾	A	$0.00	7,401	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 Patrick S Shannon	04/02/2026
	** 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)

Source: View Original Filing on SEC EDGAR