Astec (ASTE) GC Gilbert Terrell Receives 22-Share Award

What Happened

• Gilbert Edward Terrell Jr., General Counsel & Corporate Secretary of Astec Industries, was awarded 22 shares on August 28, 2026. The shares were reported at $0.00 per share (no cash purchase); total reported value $0.
• The filing indicates these shares represent dividend equivalents earned on prior restricted stock unit (RSU) grant awards, credited as shares rather than cash.

Key Details

• Transaction date: 2026-08-28; Transaction type/code: Award/Grant (A).
• Price per share reported: $0.00; Shares acquired: 22.
• Shares owned after transaction: not disclosed in the Form 4 filing.
• Footnote: "Represents dividend equivalents earned on the prior RSU grant awards."
• Filing timeliness: Period of report matches the transaction date (no late filing indicated in this report).

Context

• This was not a market purchase or sale but a routine issuance of shares as dividend equivalents tied to prior RSU grants; such awards are common compensation mechanics and do not necessarily signal a change in insider sentiment.
• The amount is modest in size and generally considered routine compensation-related activity.