Form 4: ASTE GC & Corporate Secretary Receives RSU Grant

ASTEC INDUSTRIES INC's General Counsel and Corporate Secretary, Edward Terrell Gilbert Jr., reported an acquisition of 2,803 shares through an RSU grant and a disposition of 487 shares for tax withholding.

Summary

• Edward Terrell Gilbert Jr., General Counsel and Corporate Secretary of ASTEC INDUSTRIES INC, reported transactions on February 20, 2026.
• Acquired 2,803 shares of Common Stock at a price of $0.00 per share, representing an annual grant of Restricted Stock Units (RSUs) under the Company's 2025 Equity Incentive Plan.
• Disposed of 487 shares of Common Stock at a price of $57.44 per share to satisfy applicable tax withholding obligations related to the RSU vesting/grant.
• Following these transactions, Edward Terrell Gilbert Jr. beneficially owns 10,304 shares of ASTEC INDUSTRIES INC Common Stock directly.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive event for the reporting person, as it represents an increase in their equity holdings and aligns their interests with the company's long-term performance. For the company, it reflects ongoing executive compensation practices.

Positives

• The reporting person received an annual grant of 2,803 Restricted Stock Units (RSUs), aligning management's interests with shareholder value.
• The RSU grant is part of the company's 2025 Equity Incentive Plan, indicating a structured approach to executive compensation.

Negatives

• 487 shares were disposed of to cover tax withholding obligations, which is a standard procedure but reduces the immediate net share increase from the grant.

Future Outlook

The filing does not contain specific forward-looking statements or guidance beyond the nature of the RSU grant being an 'annual grant' under a plan.

Industry Context

StockSavvy.ai notes that annual RSU grants are a common component of executive compensation packages across various industries, including manufacturing and industrial equipment, to incentivize long-term performance and align management interests with shareholders. This transaction is consistent with standard corporate compensation practices.

Related Party Transactions

• The annual grant of Restricted Stock Units (RSUs) to Edward Terrell Gilbert Jr., an officer of ASTEC INDUSTRIES INC, constitutes a related party transaction as it involves compensation from the company to a key management personnel.

Stakeholder Impact

• Shareholders: The RSU grant increases the equity stake of a key executive, potentially enhancing alignment between management and shareholder interests.
• Employees: This transaction reflects the company's ongoing equity compensation strategy, which can influence overall employee incentive programs.

Key Dates

Keywords

ASTEC INDUSTRIES, ASTE, Form 4, Insider Transaction, Restricted Stock Units, RSU Grant, Equity Incentive Plan, Officer Compensation, Stock Acquisition, Tax Withholding