Form 4: ASTEC Director Linda Knoll Acquires Shares via Dividends
Insider Transaction Report
ASTEC Industries Director Linda Knoll increased her beneficial ownership by 10 shares of common stock through dividend equivalents on August 29, 2025.
Summary
- Linda I. Knoll, a Director of Astec Industries Inc. (ASTE), acquired 10 shares of common stock.
- The transaction occurred on August 29, 2025, and was an acquisition (A) of securities.
- The shares were acquired at a price of $0.00, representing dividend equivalents earned on prior Restricted Stock Unit (RSU) grant awards.
- Following this transaction, Ms. Knoll directly beneficially owns 12,105 shares of Astec Industries common stock.
- The filing was made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan.
Sentiment
Score: 6
Explanation: Slightly positive, as a director's increased holding, even through routine dividend equivalents, indicates continued alignment with shareholder interests. However, the small number of shares limits the overall impact.
Positives
- The acquisition of shares, even through dividend equivalents, indicates continued alignment of a director's interests with those of shareholders.
- The transaction was made pursuant to a Rule 10b5-1 plan, which demonstrates a pre-planned and transparent approach to insider transactions.
Stakeholder Impact
- Shareholders: The transaction reinforces director alignment with shareholder interests, albeit in a minor capacity due to the small number of shares.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date Power of Attorney was granted by Linda Knoll to Terrell Gilbert, Jamie Palm, and Aletheia Silcott for Section 16 filings. |
| 08/29/2025 | Date of transaction where Linda Knoll acquired 10 shares of common stock. |
| 09/02/2025 | Date the Form 4 was signed by the attorney-in-fact. |
Recommendation
holdThis Form 4 filing details a routine, non-discretionary acquisition of a very small number of shares (10) by a director through dividend equivalents. Such a minor transaction is not indicative of significant new information regarding the company's financial health or strategic direction and therefore does not warrant a change in investment recommendation. Investors should continue to hold based on broader company fundamentals and market conditions.
Keywords
ASTEC Industries, ASTE, Linda Knoll, Director, Insider Trading, Form 4, Dividend Equivalents, Common Stock, Beneficial Ownership, Rule 10b5-1
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.