Astec director receives 9 RSU dividend shares
Astec Industries director Winford J. Murphy Jr received 9 shares of common stock as a grant classified as a dividend equivalent on prior RSU grant awards.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Astec Industries director Winford J. Murphy Jr received 9 shares of common stock as a grant classified as a dividend equivalent on prior RSU grant awards. These shares were acquired at no stated purchase price and bring his directly held common stock position to 8,143 shares.
Insider Trade Summary
Grant/Award: 9 shares
Grant/Award
1 txn
Insider
WINFORD JAMES MURPHY JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 8,143 shares (Direct)
Holdings Before and After:
Common Stock, 8,134 to 8,143 shares (Direct)
Footnotes (1)
- F1. Represents dividend equivalents earned on the prior RSU grant awards.
Key Figures
Shares granted: 9 shares
Post-transaction holdings: 8,143 shares
Transaction price per share: $0.0000
+2 more
5 metrics
Shares granted
9 shares
Dividend-equivalent grant on prior RSU awards
Post-transaction holdings
8,143 shares
Common stock held directly after grant
Transaction price per share
$0.0000
Reported price for granted common stock
Transaction direction
acquire
Grant, award, or other acquisition classification
Acquire transactions count
1 transaction
Non-derivative common stock grant
Key Terms
dividend equivalents, RSU, grant, award, or other acquisition, Common Stock
4 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 regulatory
"transaction_code_description: "Grant, award, or other acquisition""
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Astec Industries (ASTE) report for Winford J. Murphy Jr?
Winford J. Murphy Jr received 9 shares of Astec Industries common stock. The shares were classified as a grant tied to dividend equivalents on prior RSU awards, increasing his directly held position to 8,143 shares after the transaction.
Was the Astec Industries (ASTE) insider transaction a purchase or a grant?
The transaction was a grant, not an open-market purchase. It is categorized as a “grant, award, or other acquisition” and represents dividend equivalents credited on prior RSU grants, with no purchase price per share reported.
What does the footnote about dividend equivalents mean in the Astec (ASTE) insider transaction?
The footnote explains the 9 shares represent dividend equivalents on prior RSU grant awards. Instead of cash dividends, additional common shares were credited to match dividends that would have been paid on the underlying RSUs.
Did Astec Industries (ASTE) disclose any derivative securities for Winford J. Murphy Jr in this report?
No derivative securities are listed for Winford J. Murphy Jr in this report. The transaction summary and derivative section show only a non-derivative common stock grant of 9 shares and no remaining derivative positions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
