Jain Nalin 4

What Happened Nalin Jain, a director of Astec Industries, was granted 6 shares (transaction code A) on 2026-05-29. The shares were reported at $0.00 per share for a total acquisition value of $0; the filing notes these shares represent dividend equivalents earned on prior RSU grants. This was an award/acquisition rather than a purchase or sale and is typically an administrative compensation event.

Key Details

• Transaction date and price: 2026-05-29 — 6 shares @ $0.00 (total $0)
• Shares owned after transaction: Not disclosed on the Form 4
• Footnote: F1 — represents dividend equivalents earned on prior RSU grant awards
• Filing timeliness: Form 4 filed 2026-06-02 for the 5/29 transaction; this filing appears to be timely under the SEC two-business-day rule

Context Dividend-equivalent awards convert dividends on unvested RSUs into additional shares; they are routine compensation adjustments and do not necessarily indicate the insider’s view on the stock. The small size (6 shares) suggests a minor administrative grant rather than a material insider purchase or sale.