Form 4: ASTEC CFO Acquires Shares via Dividend Equivalents

ASTEC Industries' Chief Financial Officer, Brian Harris, acquired 33 shares of common stock on November 26, 2025, through dividend equivalents on prior RSU grants.

Summary

• Brian James Harris, Chief Financial Officer of ASTEC INDUSTRIES INC (ASTE), acquired 33 shares of common stock.
• The transaction occurred on November 26, 2025, at a price of $0.00 per share.
• These shares represent dividend equivalents earned on prior Restricted Stock Unit (RSU) grant awards.
• Following this transaction, Mr. Harris beneficially owns 12,034 shares of common stock directly.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 6

Explanation: Slightly positive as an insider increased their ownership, even if through dividend equivalents, and the transaction was conducted under a 10b5-1 plan, indicating good governance practices.

Positives

• An insider, the Chief Financial Officer, increased their beneficial ownership in the company, albeit through dividend equivalents.
• The transaction was conducted under a Rule 10b5-1(c) plan, indicating pre-planned and compliant insider trading practices.

Future Outlook

This filing is a disclosure of an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

Insider transaction reports (Form 4s) are standard regulatory disclosures in the U.S. equity markets, providing transparency into changes in beneficial ownership by company officers, directors, and significant shareholders. This specific filing indicates a routine acquisition of shares by a CFO, consistent with compensation structures that include equity awards and dividend equivalents.

Corporate Governance

Stakeholder Impact

• Shareholders: Minor positive signal of insider ownership, but the small transaction size limits significant impact.
• Employees: No direct impact.
• Customers: No direct impact.
• Suppliers: No direct impact.
• Creditors: No direct impact.

Key Dates

Keywords

ASTEC INDUSTRIES, ASTE, Form 4, Insider Transaction, Brian Harris, Chief Financial Officer, Stock Acquisition, Dividend Equivalents, RSU, 10b5-1 Plan