Form 4: Astec Industries Director William Gehl Receives Annual RSU Grant
SEC Form 4
Director William Gehl 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.
Summary
- On April 28, 2025, William D Gehl, 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 this transaction was $0.00.
- Following this transaction, Gehl directly owns 40,367 shares of Astec Industries Inc. common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices, indicating stability and alignment of interests.
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 compensation is common for directors and executives in publicly traded companies to align their interests with shareholders.
Stakeholder Impact
- The RSU grant could have a slightly dilutive effect on existing shareholders.
- The grant incentivizes the director to act in the best interest of the company and its shareholders.
Key Dates
| Date | Description |
|---|---|
| 2024-03-26 | Date of Power of Attorney execution. |
| 2025-04-28 | Date of the transaction: annual grant of RSUs. |
Keywords
Astec Industries, Director, William Gehl, RSU, Restricted Stock Units, Equity Incentive Plan, Beneficial Ownership, Form 4, Securities, Grant
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