ASTEC INDUSTRIES INC·4

Apr 2, 4:54 PM ET

Gliebe Mark Joseph 4

Research Summary

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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.

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