SNYMAN BAREND 4

What Happened

• Barend Snyman, Group President of Astec Industries (ASTE), had restricted stock units (RSUs) vest and received shares, while a portion of shares was withheld to satisfy tax obligations. On 2026-02-27 he was issued 1,071 shares at $62.34 ($66,766) and 1,477 shares at $62.34 ($92,076), totaling 2,548 shares (~$158,842). To cover taxes, a total of 1,884 shares were withheld/disposed: 856 shares on 2026-02-26 at $61.31 ($52,481) and 254, 325, and 449 shares on 2026-02-27 at $62.34 (values $15,834; $20,261; $27,991 respectively), totaling ~$116,567. The acquisitions were vesting of stock awards (not open-market purchases).

Key Details

• Transaction dates and prices:
  • 2026-02-26: 856 shares withheld at $61.31 (value $52,481) — tax withholding (code F).
  • 2026-02-27: 254 shares withheld at $62.34 ($15,834); 325 withheld at $62.34 ($20,261); 449 withheld at $62.34 ($27,991) — tax withholding (code F).
  • 2026-02-27: 1,071 shares acquired at $62.34 ($66,766) and 1,477 shares acquired at $62.34 ($92,076) — RSU vesting/acquisition (code A).
• Totals: 2,548 shares acquired ($158,842); 1,884 shares withheld ($116,567). Net increase of 664 shares from these transactions.
• Shares owned after the transactions: not specified in the filing.
• Footnotes: F1 — shares withheld to satisfy tax withholding; F3 — shares acquired pursuant to vesting of stock awards; F2 — total share balance updated to reflect dividend equivalents on 2025 RSU award.
• Filing: Report filed 2026-03-02 for transactions on 2026-02-26 and 2026-02-27; filing appears timely (within the Form 4 two-business-day requirement).

Context

• These transactions reflect routine RSU vesting and the company withholding shares to cover tax obligations (a common, non-market selling mechanism), not open-market sales. Such acquisitions are not direct cash purchases by the insider; they arise from prior compensation awards. This filing is informational and does not, by itself, indicate the insider’s view of the stock.