Astec Industries (ASTE) Group President has shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Astec Industries Group President Barend Snyman reported a routine tax-withholding transaction in company stock. On the Form 4, 539 shares of Common Stock were disposed of at $62.34 per share to satisfy tax obligations, as noted in the footnote. After this withholding, Snyman directly holds 18,872 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SNYMAN BAREND
Role
Group President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 539 | $62.34 | $34K |
Holdings After Transaction:
Common Stock — 18,872 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 539 shares
Withholding price: $62.34 per share
Shares held after transaction: 18,872 shares
3 metrics
Tax-withheld shares
539 shares
Shares withheld to satisfy tax obligation
Withholding price
$62.34 per share
Value assigned to 539 withheld shares
Shares held after transaction
18,872 shares
Directly held Astec Industries Common Stock
Key Terms
tax withholding obligation, Form 4, Common Stock
3 terms
tax withholding obligation financial
"Shares withheld to satisfy tax withholding obligation."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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
What did Astec Industries (ASTE) insider Barend Snyman report on this Form 4?
Barend Snyman, Group President of Astec Industries, reported a tax-related share disposition. The filing shows 539 Common Stock shares were withheld at $62.34 each to cover tax obligations, leaving him with 18,872 directly held shares after the transaction.
What does transaction code "F" mean in the Astec Industries (ASTE) Form 4?
Transaction code "F" indicates shares were disposed of to pay the exercise price or satisfy tax liability. In this Astec Industries filing, 539 shares were withheld specifically to cover a tax withholding obligation, rather than being sold on the open market.