NORRIS MICHAEL PAUL 4

What Happened Michael Paul Norris, Group President of Astec Industries, received an award of 20 shares on May 29, 2026. The filing reports the acquisition as an Award/Grant (code A) at $0.00 per share (total reported value $0). The filing footnote indicates these 20 shares represent dividend equivalents earned on prior RSU grant awards.

Key Details

• Transaction date: 2026-05-29; transaction code: A (award/acquisition).
• Shares acquired: 20; reported price: $0.00; reported total value: $0.
• Shares owned after the transaction: not specified in the provided filing extract.
• Footnote: F1 — "Represents dividend equivalents earned on the prior RSU grant awards."
• Filing timeliness: Reported on 2026-06-02; this meets the SEC Form 4 deadline (filed within the required two business days).

Context Dividend-equivalent awards are payments tied to restricted stock/unit awards and are often settled in cash or additional shares; receiving 20 shares is a routine compensation-related credit rather than a market purchase. Such small, employer-originated awards are generally informational for shareholders but do not by themselves indicate a change in insider sentiment.