Form 4: Astec Industries Director Mark Gliebe Receives Annual RSU Grant

Sentiment:

SEC Form 4


Director Mark Joseph Gliebe received 3,532 shares of common stock in Astec Industries as part of an annual grant of Restricted Stock Units (RSUs) under the company's 2025 Equity Incentive Plan.

Summary

  • On April 28, 2025, Mark Joseph Gliebe, 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, Gliebe directly owns 10,506 shares of Astec Industries Inc. common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices. The RSU grant is a positive incentive for the director.

Positives

  • The grant of RSUs aligns the director's interests with those of the shareholders, incentivizing performance and long-term value creation.

Industry Context

The granting of stock options and restricted stock units is a common practice in corporate governance to align the interests of company directors and executives with those of shareholders.

Stakeholder Impact

  • The RSU grant aligns the director's interests with those of the shareholders, potentially leading to better company performance.

Key Dates

DateDescription
March 27 2024Date of Power of Attorney execution, authorizing Terrell Gilbert, Jamie Palm and Aletheia Silcott to act on Mark Gliebe's behalf for SEC filings.
April 28 2025Date of transaction: Mark Joseph Gliebe acquired 3,532 shares of common stock through an RSU grant.

Keywords

Astec Industries, Director, RSU, Stock Grant, Form 4, Beneficial Ownership, Equity Incentive Plan

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