Form 4: Astec Industries Director Reports RSU Grant
Statement of Changes in Beneficial Ownership
Astec Industries Director Linda I. Knoll reported an annual grant of Restricted Stock Units (RSUs) under the company's 2025 Equity Incentive Plan.
Summary
- Director Linda I. Knoll received an annual grant of 2,365 Restricted Stock Units (RSUs) on April 27, 2026.
- This grant was made under the company's 2025 Equity Incentive Plan.
- Following this transaction, Ms. Knoll beneficially owns 14,489 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine equity grant to a director and does not contain new financial information or strategic updates.
Positives
- Director receives an annual equity grant, indicating continued incentive alignment with shareholders.
- The grant is part of a formal equity incentive plan, suggesting a structured approach to compensation.
Future Outlook
The filing does not contain forward-looking statements or guidance. It reports a completed transaction.
Industry Context
StockSavvy.ai notes that the issuance of RSUs to directors is a common practice in the industrial manufacturing sector to align executive and director compensation with long-term shareholder value.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Linda I. Knoll granted a power of attorney to Terrell Gilbert, Jamie Palm, and Aletheia Silcott to execute Forms 3, 4, and 5 on her behalf. | 03/26/2024 | Facilitates timely and accurate reporting of beneficial ownership changes as required by Section 16(a) of the Securities Exchange Act of 1934. |
Stakeholder Impact
- Shareholders: The RSU grant aligns director incentives with long-term company performance and shareholder value.
- Management: The power of attorney ensures compliance with SEC reporting requirements for beneficial ownership changes.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date of execution for the Power of Attorney by Linda Knoll. |
| 04/27/2026 | Transaction date for the annual grant of RSUs and earliest transaction date reported. |
| 04/28/2026 | Date of signature for the Form 4 filing. |
Keywords
Astec Industries, ASTE, Form 4, SEC Filing, Director, RSU, Equity Incentive Plan, Beneficial Ownership
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