Form 4: Astec Industries Executive Michael Norris Reports Stock Transaction
SEC Form 4 Filing
Michael Paul Norris, Group President at Astec Industries, reports disposition of shares to cover tax obligations.
Summary
- On April 30, 2024, Michael Paul Norris, a Group President at Astec Industries, Inc., reported a transaction involving common stock.
- The transaction involved the disposition of 142 shares to satisfy tax withholding obligations.
- The price per share was $42.92.
- Following the transaction, Norris directly owns 14,886 shares of Astec Industries common stock.
Sentiment
Score: 5
Explanation: The document is a standard Form 4 filing, indicating a routine transaction for tax purposes. It doesn't convey any particularly positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 04/30/2024 | Date of stock transaction |
| 05/02/2024 | Date of report signature |
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