Form 4: ASTEC Director Linda Knoll Acquires Shares
Insider Transaction Report
ASTEC Industries Director Linda Knoll acquired 10 shares of common stock as dividend equivalents, increasing her total beneficial ownership to 12,115 shares.
Summary
- Linda I. Knoll, a Director of Astec Industries, Inc. (ASTE), acquired 10 shares of common stock.
- The transaction occurred on November 26, 2025.
- These shares represent dividend equivalents earned on prior Restricted Stock Unit (RSU) grant awards.
- Following this transaction, Ms. Knoll beneficially owns a total of 12,115 shares of Astec Industries common stock directly.
- The acquisition price for these shares was $0.00, consistent with dividend equivalent awards.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a routine, non-discretionary acquisition of a small number of shares through dividend equivalents, which is a standard part of director compensation and compliance reporting.
Positives
- The acquisition of shares, even as dividend equivalents, indicates continued ownership and alignment of interests between the director and shareholders.
- The transaction is a routine part of compensation for RSU holders, reflecting the company's ongoing dividend policy.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This is a routine insider transaction filing (Form 4) and does not provide information that directly relates to broader industry trends or competitive landscape. It reflects an individual director's equity holdings and compensation structure.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | Linda Knoll granted a Power of Attorney to Terrell Gilbert, Jamie Palm, and Aletheia Silcott to execute and file Forms 3, 4, and 5 on her behalf, ensuring compliance with Section 16(a) of the Securities Exchange Act of 1934. | 2024-03-26 | This streamlines the process for insider trading compliance filings for the director, ensuring timely and accurate reporting of beneficial ownership changes. |
Stakeholder Impact
- Shareholders: The transaction is a routine part of director compensation and reflects continued alignment of interests, with minimal direct impact on share value due to the small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 2024-03-26 | Date Power of Attorney was executed by Linda Knoll, appointing Terrell Gilbert, Jamie Palm, and Aletheia Silcott as attorneys-in-fact for Section 16 filings. |
| 2025-11-26 | Transaction date for the acquisition of 10 shares of common stock by Linda I. Knoll. |
| 2025-11-28 | Date the Form 4 was signed by Edward Terrell Gilbert, JR as attorney-in-fact for Linda I. Knoll. |
Keywords
ASTEC Industries, ASTE, Form 4, Insider Transaction, Beneficial Ownership, Director, Stock Acquisition, Dividend Equivalents, Corporate Governance
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