Gliebe Mark Joseph 4
4 · ASTEC INDUSTRIES INC · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Astec Industries (ASTE) Director Mark Gliebe Receives 6 Shares
What Happened
Mark Joseph Gliebe, a director of Astec Industries, was credited with 6 shares on May 29, 2026. The shares were reported as an award/acquisition at $0.00 per share (total reported value $0) and represent dividend equivalents tied to prior restricted stock unit (RSU) awards. This is an award/credit transaction (not an open-market purchase or sale) and is typically routine.
Key Details
- Transaction date: 2026-05-29; filing date (accession): 2026-06-02.
- Price: $0.00 per share; total reported value $0.
- Shares received: 6 shares (treated as dividend equivalents on prior RSUs).
- Shares owned after transaction: Not specified in the provided excerpt—see the full Form 4 for total beneficial ownership.
- Footnote: F1 — "Represents dividend equivalents earned on the prior RSU grant awards."
- Timeliness: Filing was submitted a few days after the transaction date; no late-filing flag shown in the provided data.
Context
Dividend-equivalent payments on RSUs are often paid in additional shares and are routine compensation accounting events rather than directional insider buys or sells. The small size (6 shares) suggests this is a standard compensatory credit and not a substantive signal about the director’s view of the company. For full holding details or additional transactions, review the complete Form 4 on the SEC EDGAR system (Accession: 0001315380-26-000003).
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-29+6→ 12,918 total
Footnotes (1)
- [F1]Represents dividend equivalents earned on the prior RSU grant awards.