Form 4: Astec Industries GC & Corporate Secretary, Edward Terrell Gilbert JR, Sells Shares
SEC Form 4 Filing
Edward Terrell Gilbert JR, GC & Corporate Secretary of Astec Industries, sold 512 shares of common stock on May 1, 2025, at a price of $36.4 per share.
Summary
- On May 1, 2025, Edward Terrell Gilbert JR, the GC & Corporate Secretary of Astec Industries, sold 512 shares of Astec Industries common stock.
- The sale was executed at a price of $36.4 per share.
- Following the transaction, Gilbert directly owns 7,921 shares of Astec Industries common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It simply reports a transaction and doesn't convey any particular sentiment.
Industry Context
This is a routine disclosure of an insider transaction. It's common for company executives to buy or sell shares of their own company, and these transactions are regulated and require public disclosure to ensure transparency and prevent insider trading.
Stakeholder Impact
- The sale of shares by a company officer could be perceived negatively by some shareholders, but the relatively small number of shares sold is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: Sale of 512 shares of common stock. |
| 05/02/2025 | Date of signature on the Form 4. |
Keywords
Astec Industries, ASTE, Form 4, Insider Trading, Share Sale, Edward Terrell Gilbert JR, GC & Corporate Secretary
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