Harris Brian James 4
Research Summary
AI-generated summary
Astec Industries (ASTE) CFO Brian Harris Receives 32 Shares
What Happened
Brian Harris, Chief Financial Officer of Astec Industries (ASTE), was issued 32 shares on 2026-05-29 as an award (code A). The shares were recorded at $0.00 per share (total value $0) and represent dividend equivalents credited on prior restricted stock unit (RSU) awards rather than a cash purchase.
Key Details
- Transaction date: 2026-05-29; filing date: 2026-06-02 (filed within the typical 2-business-day window).
- Price per share: $0.00; Total reported value: $0.
- Shares acquired: 32 (award/dividend equivalents).
- Shares owned after the transaction: Not specified in the information provided.
- Footnote: These shares "represent dividend equivalents earned on the prior RSU grant awards."
- Transaction type/code: A = Grant/Award.
Context
Dividend-equivalent share credits are commonly paid on outstanding RSUs in lieu of cash dividends and are administrative in nature. Such awards are not purchases and do not necessarily indicate a change in the insider's market view. The amount here is small (32 shares) and appears to be a routine credit tied to prior equity compensation.