Form 4: Astec Industries Director Mary Howell Receives Annual Grant of Restricted Stock Units
SEC Form 4
Director Mary Howell received 3,532 shares of common stock in Astec Industries as part of an annual RSU grant.
Summary
- On April 28, 2025, Mary L. Howell, a director of Astec Industries Inc. (ASTE), was granted 3,532 shares of common stock.
- This transaction represents an annual grant of Restricted Stock Units (RSUs) under the company's 2025 Equity Incentive Plan.
- Following this transaction, Howell directly owns 17,819 shares of Astec Industries Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding an equity grant, and has a neutral sentiment.
Positives
- The grant of RSUs aligns the director's interests with those of the shareholders, incentivizing performance and long-term value creation.
Industry Context
Grants of restricted stock units are a common form of executive compensation in publicly traded companies, aligning management's interests with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| March 26 2024 | Date of Power of Attorney execution, authorizing Terrell Gilbert, Jamie Palm and Aletheia Silcott to act on Mary Howell's behalf for SEC filings. |
| April 28 2025 | Date of transaction: Mary L. Howell received 3,532 shares of common stock as an annual RSU grant. |
Keywords
Astec Industries, Director, Mary Howell, RSU, Restricted Stock Units, Equity Incentive Plan, Beneficial Ownership, Form 4, ASTE
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