Astec Industries, Inc. filings document formal disclosures for a manufacturing company serving asphalt road building, aggregate processing, concrete production and related materials markets. Recent Form 8-K reports record results of operations and financial condition, including net sales, profitability measures, cash flow, backlog, segment performance and guidance references for Infrastructure Solutions and Materials Solutions.
Astec's proxy and meeting filings cover director elections, board leadership, executive compensation votes, auditor ratification and other shareholder governance matters. Other material-event filings document executive and segment leadership changes and the completed TerraSource acquisition, including acquired-business financial statements and unaudited pro forma combined financial information.
Astec Industries Chief Executive Officer Jaco van der Merwe reported stock-based compensation activity and related tax withholding on common shares. On February 27, 2026, he had tax-withholding dispositions of 3,587, 2,601 and 2,033 shares at $62.34 per share, and received grants or awards of 6,608 and 9,114 shares, all held directly. On February 26, 2026, 4,063 shares were withheld at $61.31 per share to cover taxes. Footnotes state the disposed shares were withheld to satisfy tax obligations and the acquired shares were received upon vesting of company stock awards.
Astec Industries, Inc. provides a detailed annual overview of its roadbuilding and materials processing businesses, organized into Infrastructure Solutions and Materials Solutions segments. The company reports segment backlogs of $294.2 million and $219.9 million, respectively, for a total backlog of $514.1 million as of December 31, 2025.
Astec acquired TerraSource Holdings, LLC on July 1, 2025 and CWMF, LLC on January 1, 2026 to expand complementary crushing and asphalt plant offerings. It also implemented a new $600 million credit facility, with $341.3 million outstanding at year-end, and emphasizes a multi‑year ERP rollout and its OneASTEC strategic transformation program.
The report highlights sustainability initiatives such as high-RAP asphalt technologies and participation in The Road Forward and DOE Better Plants programs, as well as safety improvements, with the OSHA recordable incident rate at legacy sites decreasing 16% to 1.40. Key risks include cyclic construction demand, reliance on government infrastructure spending, competition, raw material and tariff exposure, international and currency risks, ESG and regulatory compliance, and successful integration of acquisitions.
Astec Industries reported strong fourth quarter and full-year 2025 results with record net sales of $400.6M for the quarter and $1,410.4M for the year. Full-year net income rose sharply to $38.8M from $4.3M, and adjusted EBITDA reached $140.7M, up 25.8%.
Backlog increased to $514.1M, up 22.5%, supported by particularly strong growth in the Materials Solutions segment, while Infrastructure Solutions saw lower quarterly sales and margins. Operating cash flow was $61.4M and free cash flow $20.7M for 2025, with total liquidity of $314.7M.
Management guided 2026 adjusted EBITDA to a range of $170M–$190M, reflecting expectations for further organic and inorganic growth. Segment operating adjusted EBITDA margins improved for the year in both Infrastructure Solutions and Materials Solutions, despite some margin pressure in the fourth quarter.
Astec Industries Inc. reported that VP and Chief Accounting Officer Robert Gerald Putney received an annual grant of 854 shares of common stock on February 21, 2026 under the company’s 2025 Equity Incentive Plan. To cover tax withholding obligations, 75 shares were disposed of at $58.72 per share, leaving him with 2,511 shares of common stock held directly.
Astec Industries general counsel and corporate secretary Edward Terrell Jr reported two equity-related transactions in company common stock. On February 20, 2026, 487 shares were withheld at $57.44 per share to satisfy applicable tax withholding obligations.
On the same date, he received an annual grant of 2,803 restricted stock units under the company’s 2025 Equity Incentive Plan, increasing his directly held stake to 10,304 shares after the award.
Astec Industries’ Chief Financial Officer Brian James Harris reported two equity-related transactions in company common stock. On February 20, 2026, 1,191 shares were disposed of at $57.44 per share to satisfy tax withholding obligations tied to equity compensation, rather than an open-market sale.
On the same date, he acquired 5,362 shares through an annual grant of restricted stock units under the company’s 2025 Equity Incentive Plan. Following the grant, his directly held common stock position increased to 16,205 shares.
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.
Astec Industries Group President Barend Snyman reported routine equity transactions. On February 20, 2026, 648 shares of common stock were withheld at $57.44 per share to cover tax obligations, rather than sold in the open market. The same day, he received an annual grant of 3,656 restricted stock units (RSUs) under the company’s 2025 Equity Incentive Plan. Following these transactions, his directly held common stock position increased to 18,606 shares, reflecting ongoing equity-based compensation.
ASTEC INDUSTRIES INC Chief Executive Officer Jaco van der Merwe reported equity compensation activity involving the company’s common stock. On the award side, he acquired 19,194 shares through a grant/award under the company’s 2025 Equity Incentive Plan, at a stated price of $0.00 per share, increasing his direct holdings.
To cover related tax obligations, 3,377 shares of common stock were disposed of through a tax-withholding transaction at $58.72 per share, rather than an open‑market sale. After these transactions, he directly owned 109,559 shares of ASTEC INDUSTRIES INC common stock.