4Filed Aug 2, 8:00 PM ET

ASTEC (ASTE) Director Jeffrey T. Jackson Receives 390 Shares

$ASTE · ASTEC INDUSTRIES INC

Research Summary

AI-generated summary of this SEC filing

Updated

ASTEC (ASTE) Director Jeffrey T. Jackson Receives 390 Shares

What Happened
Jeffrey T. Jackson, a director of ASTEC INDUSTRIES, was granted 390 shares on July 31, 2026 as a non-cash award (transaction code A). The filing reports an acquisition price of $0.00 (total reported value $0.00); the grant represents a quarterly director retainer that Jackson elected to receive in stock.

Key Details

  • Transaction date: 2026-07-31 (reported on Form 4 filed 2026-08-03). Filing appears timely (within the two-business-day requirement).
  • Shares received: 390 shares; reported acquisition price: $0.00.
  • Shares owned after transaction: not disclosed in this filing.
  • Footnote: director elected to receive the quarterly retainer fee in stock (footnote F1).
  • Transaction type: Award/Grant (not a market purchase or sale).

Context
This was a compensation-related stock award (routine director retainer paid in shares), which is common and does not by itself signal a buy or sell decision by the insider. Because no cash was paid and the award is part of standard compensation, it should be viewed as administrative/compensation activity rather than a direct market-driven purchase.