GILBERT EDWARD TERRELL JR 4
4 · ASTEC INDUSTRIES INC · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Astec Industries (ASTE) GC Gilbert Terrell Sells 975 Shares
What Happened
Gilbert Edward Terrell Jr., General Counsel & Corporate Secretary of Astec Industries (ASTE), sold 975 shares in an open-market transaction on March 3, 2026 at $61.07 per share, generating roughly $59,543 in proceeds. This was a sale (disposition); sales by insiders are common and can reflect routine needs (diversification, liquidity, taxes) rather than a company-specific signal.
Key Details
- Transaction date and price: 2026-03-03 — 975 shares sold at $61.07 each.
- Total proceeds: approximately $59,543.
- Form 4 filed: 2026-03-06 (reports the 2026-03-03 transaction).
- Shares owned after transaction: not specified in the filing.
- Footnotes/plan: no 10b5-1 plan, tax-withholding notation, or other special footnotes are reported in the disclosed transaction.
- Transaction code: S (sale).
Context
- Insider sales are relatively common and do not necessarily indicate negative views of the company; purchases are typically considered more informative about insider confidence.
- Terrell is an officer (GC & Corporate Secretary), not reported as a 10% owner in this filing; that distinction can affect how market participants interpret insider moves.
- For more detail, review the Form 4 available on the SEC EDGAR site using accession number 0002017267-26-000003.
Insider Transaction Report
Form 4
GILBERT EDWARD TERRELL JR
GC & CORPORATE SECRETARY
Transactions
- Sale
Common Stock
2026-03-03$61.07/sh−975$59,543→ 8,828 total
Signature
/s/ Edward Terrell Gilbert JR|2026-03-03