Gliebe Mark Joseph 4
4 · ASTEC INDUSTRIES INC · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
ASTEC (ASTE) Director Mark Gliebe Receives 9-Share Award
What Happened
Mark Joseph Gliebe, a director of Astec Industries, was awarded 9 shares on 2026-03-31. The Form 4 reports these as an "A" (grant/award/other acquisition) at $0.00 — the filing footnote explains these are dividend equivalents earned on prior RSU grants, so no cash purchase occurred.
Key Details
- Transaction date: 2026-03-31; Form 4 filed 2026-04-02 (appears timely).
- Transaction type/code: A — Grant/award/other acquisition.
- Shares acquired: 9 shares reported at $0.00 (no cash paid).
- Footnote: F1 — represents dividend equivalents earned on prior RSU awards.
- Shares owned after the transaction: not specified in the provided excerpt (check the full Form 4 for total holdings).
Context
Dividend-equivalent awards convert cash or notional dividends on RSUs into additional shares; they are typically routine and do not indicate a market-directional trade like an open-market purchase or sale. For trading signals, outright purchases (cash buys) or sales by insiders are generally more informative than routine awards or dividend-equivalent issuances.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-31+9→ 10,547 total
Footnotes (1)
- [F1]Represents dividend equivalents earned on the prior RSU grant awards.