Form 4: Astec Industries Director Linda Knoll Receives Annual RSU Grant

Director Linda Knoll of Astec Industries received 3,532 shares of common stock as an annual grant of Restricted Stock Units (RSUs) under the company's 2025 Equity Incentive Plan on April 28, 2025.

Summary

• On April 28, 2025, Linda Knoll, a director of Astec Industries, Inc., acquired 3,532 shares of common stock.
• This acquisition was due to an annual grant of Restricted Stock Units (RSUs) under the company's 2025 Equity Incentive Plan.
• The price per share for the RSU grant was $0.00.
• Following this transaction, Linda Knoll directly owns 12,083 shares of Astec Industries common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (annual RSU grant) which is generally viewed positively as it aligns director interests with shareholders. There are no indications of negative sentiment.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders.
• The equity incentive plan is designed to reward and retain key personnel.

Industry Context

This type of equity grant is a common practice for compensating and incentivizing board members in publicly traded companies.

Comparison to Industry Standards

• Equity compensation for board members is a standard practice across publicly traded companies.
• Companies like Caterpillar, Deere, and AGCO also utilize stock options and restricted stock units as part of their director compensation packages.
• The specific number of shares granted varies based on company size, performance, and industry benchmarks.

Stakeholder Impact

• The RSU grant aligns the director's interests with those of the shareholders, potentially encouraging decisions that benefit the company's long-term value.
• The grant has a minor dilutive effect on existing shareholders.

Key Dates

Keywords

Astec Industries, Director, Linda Knoll, RSU, Equity Incentive Plan, Beneficial Ownership, Form 4, Securities