Form 4: Astec Industries GC & Corporate Secretary Edward Terrell Gilbert JR Reports Tax Withholding
SEC Form 4
Edward Terrell Gilbert JR, GC & Corporate Secretary of Astec Industries, reports the withholding of 554 common stock shares to cover tax obligations on February 26, 2025, leaving him with 8,406 shares.
Summary
- On February 26, 2025, Edward Terrell Gilbert JR, the GC & Corporate Secretary of Astec Industries, had 554 shares of common stock withheld to satisfy tax obligations.
- The price per share for the transaction was $31.17.
- Following the transaction, Gilbert directly owns 8,406 shares of Astec Industries common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This is a routine Form 4 filing, reflecting a common practice of withholding shares to cover tax obligations related to stock-based compensation.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of transaction: 554 shares of common stock withheld for tax obligations. |
| 02/28/2025 | Date of signature for the report. |
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