Form 4: Astec Industries Director Acquires Dividend Equivalents
SEC Form 4
Director Jeffrey T. Jackson acquired dividend equivalents on prior RSU grant awards from Astec Industries.
Summary
- On March 29, 2024, Jeffrey T. Jackson, a director of Astec Industries Inc., acquired 2 shares of common stock.
- These shares represent dividend equivalents earned on prior Restricted Stock Unit (RSU) grant awards.
- The transaction was a direct acquisition at a price of $0.00 per share.
- Following the transaction, Jackson directly owns 841 shares of Astec Industries Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to insider transactions, with neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date of Power of Attorney execution. |
| 03/29/2024 | Date of transaction: Acquisition of common stock (dividend equivalents). |
| 04/01/2024 | Date of Form 4 signature. |
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