Astec Industries (ASTE) Form 4: Director Adds 7,382 Shares via RSU Dividend Equivalents

Patrick S. Shannon, a director of Astec Industries Inc. (ASTE), acquired common stock through dividend equivalents tied to prior restricted stock unit awards.

Rhea-AI Filing Summary

Patrick S. Shannon, a director of Astec Industries Inc. (ASTE), acquired common stock through dividend equivalents tied to prior restricted stock unit awards. The Form 4 reports a transaction on 08/29/2025 that increased his direct beneficial ownership to 7,382 shares. The acquisition is recorded at a $0.00 price and is explained in the filing as dividend equivalents earned on prior RSU grants.

Positive

• Director increased direct ownership to 7,382 shares, aligning personal holdings with shareholder interests
• Acquisition resulted from dividend equivalents on RSUs, indicating compensation was settled in equity rather than cash

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: A routine equity issuance to a director from RSU dividend equivalents, modestly increasing direct ownership.

The reported transaction shows a non-cash acquisition of common stock delivered as dividend equivalents on prior RSU awards. Ownership is held directly and totals 7,382 shares after the transaction. This type of issuance is standard compensation-related activity and does not, by itself, indicate a change in governance or control. The filing does not disclose any sales, option exercises, or derivative transactions tied to this event.

Securities Analyst

TL;DR: Non-cash stock issuance to an insider; informational for ownership tracking but unlikely to be materially market-moving.

The Form 4 documents an acquisition coded as an A transaction resulting from dividend equivalents associated with RSUs, recorded with a $0.00 price. The increase to 7,382 shares is disclosed as direct beneficial ownership. No cash consideration or derivative positions are shown, and the filing contains no revenue, earnings, or material operational metrics to assess broader financial impact.

Insider Trade Summary

Grant/Award: 10 shares

Grant/Award 1 txn

Insider Shannon Patrick S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	10	$0.00	$0.00

Holdings After Transaction: Common Stock — 7,382 shares (Direct)

Footnotes (1)

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

FAQ

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

What transaction did ASTE director Patrick S. Shannon report on the Form 4?

The filing reports an acquisition of common stock on 08/29/2025 recorded as dividend equivalents from prior RSU awards.

How many ASTE shares does Patrick S. Shannon beneficially own after the transaction?

The Form 4 shows 7,382 shares beneficially owned following the reported transaction.

What price was paid for the shares reported on the Form 4?

The shares are reported at a $0.00 price, consistent with issuance as dividend equivalents rather than a cash purchase.

Is the reported ownership direct or indirect for ASTE director Patrick S. Shannon?

The filing indicates direct (D) ownership following the reported transaction.

Does the Form 4 show any derivative transactions or sales by the reporting person?

No. The filing contains no derivative transactions or dispositions; it reports a non-derivative acquisition only.

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

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Accepted by SEC EDGAR 09/03/2025 - 04:11 PM Learn about SEC filing dates

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 TN 37421

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025

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

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

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

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	08/29/2025		A		10(1)	A	$0.00	7,382	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 Patrick S Shannon	09/02/2025
	** 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.