Astec Industries (NASDAQ: ASTE) exec awarded RSUs with tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Astec Industries Group President Michael Paul Norris received an annual grant of 3,047 restricted stock units under the company’s 2025 Equity Incentive Plan on February 20, 2026.
To cover taxes on this award, 597 shares were withheld at $57.44 per share, leaving him with 20,977 common shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
NORRIS MICHAEL PAUL
Role
GROUP PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,047 | $0.00 | -- |
| Tax Withholding | Common Stock | 597 | $57.44 | $34K |
Holdings After Transaction:
Common Stock — 21,574 shares (Direct)
Footnotes (1)
- Reported transaction is an annual grant of RSUs under the Company's 2025 Equity Incentive Plan. Shares withheld to satisfy applicable tax withholding obligation.
FAQ
What insider transactions did ASTE executive Michael Paul Norris report?
Michael Paul Norris reported an annual equity award and related tax withholding. He received 3,047 restricted stock units and had 597 shares withheld to satisfy tax obligations, all on February 20, 2026, with no open-market buying or selling.
Under which plan was the ASTE RSU grant to Michael Paul Norris made?
The restricted stock unit grant was made under Astec Industries’ 2025 Equity Incentive Plan. This plan provides equity-based compensation, such as RSUs, to executives and employees to align their interests with long-term shareholder value and company performance.