Jain Nalin 4

What Happened

Nalin Jain, a director of Astec Industries, received an award of 2,365 restricted stock units (RSUs) on April 27, 2026. The Form 4 reports the acquisition at $0.00 per share (a grant), reflecting an equity award rather than a market purchase. This was an annual grant under the company's 2025 Equity Incentive Plan.

Key Details

• Transaction date: 2026-04-27; filing date: 2026-04-29 (Form 4 accession 0001802466-26-000002).
• Transaction type/code: Award/Grant (A).
• Shares granted: 2,365 RSUs; reported acquisition price: $0.00 (grant).
• Shares owned after transaction: not specified in the filing.
• Footnote: Reported transaction is an annual grant of RSUs under the Company’s 2025 Equity Incentive Plan.
• Timeliness: Filing posted two days after the transaction (within typical Form 4 reporting window).

Context

RSUs are equity awards that generally convert to actual shares upon vesting and are commonly used for director and executive compensation. Grants like this are routine and reflect compensation policy rather than an immediate buy or sell decision; they do not by themselves signal a change in the insider’s view of the stock. Any tax withholding or eventual sale would be reported in later Form 4 filings when shares vest or are disposed.