NORRIS MICHAEL PAUL 4
4 · ASTEC INDUSTRIES INC · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
ASTEC (ASTE) Group President Michael Paul Norris Receives 20-Share Award
What Happened Michael Paul Norris, Group President of ASTEC Industries (ASTE), was issued 20 shares on 2026-03-31 as an award/acquisition (transaction code A). The filing records the per-share acquisition price as $0.00 (dividend-equivalent shares), so no cash was paid for these 20 shares. The Form 4 was filed on 2026-04-02 (period of report: 2026-03-31).
Key Details
- Transaction date: 2026-03-31; Filing date: 2026-04-02
- Transaction type: Award/Acquisition (A) — 20 shares acquired at $0.00
- Reported value on form: $0 (shares issued as dividend equivalents)
- Footnote: Represents dividend equivalents earned on prior RSU grant awards.
- Shares owned after transaction: not specified in the provided filing.
Context This issuance reflects dividend equivalents paid in stock on prior restricted stock unit (RSU) awards — a routine administrative credit rather than a market purchase or sale. Such dividend-equivalent issuances typically do not indicate a change in an insider’s market view and are common outcomes of equity compensation plans.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-31+20→ 22,405 total
Footnotes (1)
- [F1]Represents dividend equivalents earned on the prior RSU grant awards.