Astec Industries (ASTE) director granted 15 RSU dividend shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Astec Industries director Tracey H. Cook reported a small equity award. On May 29, 2026, Cook acquired 15 shares of Common Stock at a price of $0.00 per share as dividend equivalents earned on prior RSU grant awards. After this grant, Cook directly holds 20,240 common shares of Astec Industries.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cook Tracey H
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 15 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 20,240 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 15 shares
Grant price: $0.00 per share
Shares held after transaction: 20,240 shares
3 metrics
Shares granted
15 shares
Common Stock grant on May 29, 2026
Grant price
$0.00 per share
Dividend equivalents on prior RSU awards
Shares held after transaction
20,240 shares
Direct ownership following May 29, 2026 grant
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
What insider transaction did Astec Industries (ASTE) director Tracey H. Cook report?
Tracey H. Cook reported receiving 15 shares of Astec Industries Common Stock. The shares were granted as dividend equivalents tied to prior RSU awards, meaning no cash purchase occurred and the award reflects accumulated dividends on earlier equity grants.
Was the Tracey H. Cook Form 4 transaction in ASTE a market buy or sale?
The transaction was a grant, not a market buy or sale. The Form 4 shows an “A” code, described as a grant or award acquisition, with 15 shares received at $0.00 per share as dividend equivalents on earlier RSU grants.
What does “dividend equivalents earned on prior RSU grant awards” mean for ASTE?
Dividend equivalents represent additional shares credited in lieu of cash dividends on existing RSU grants. For Astec Industries, 15 new shares were issued to Tracey H. Cook to reflect dividends that would have been paid on previously granted, unvested RSUs.
Does the Tracey H. Cook ASTE Form 4 indicate any derivative or option exercises?
No derivative or option exercises are shown in this Form 4. The filing reports only a single non-derivative transaction: a grant of 15 Common Stock shares as dividend equivalents, with no derivative positions listed in the derivative transaction or holdings sections.