Gliebe Mark Joseph 4
Research Summary
AI-generated summary
ASTEC (ASTE) Director Mark Gliebe Receives Stock Award
What Happened
Mark Joseph Gliebe, a director of Astec Industries, was granted 2,365 shares on 2026-04-27 as an award (transaction code A). The filing reports a $0.00 per-share acquisition price (reported value $0), indicating these shares were issued as compensation rather than purchased.
Key Details
- Transaction date: 2026-04-27; Form 4 filed: 2026-04-29 (filed within the standard two-business-day window).
- Transaction type/code: Grant/award (A).
- Shares acquired: 2,365; reported price: $0.00; reported transaction value: $0.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnote: this represents the director’s annual stock award for serving as a non-employee director.
- Filing timeliness: timely (not marked late).
Context
This was a routine equity award for director compensation, not an open-market purchase or sale. Such awards are common and primarily reflect pay, not necessarily a bullish signal from the insider, though they do modestly increase the director’s equity stake.