PUTNEY ROBERT GERALD 4

What Happened
Robert G. Putney, VP and Chief Accounting Officer of Astec Industries (ASTE), received equity awards and had shares withheld to cover tax obligations. On Feb 27, 2026 he was granted two RSU awards totaling 421 shares (177 + 244) at $0.00 per share. To satisfy tax withholding on prior equity, a total of 224 shares were withheld/disposed across Feb 26–27, 2026: 56 shares on Feb 26 at $61.31 and 168 shares on Feb 27 at $62.34, totaling about $13,906 withheld.

Key Details

• Transaction dates & prices:
  • Feb 26, 2026: 4 shares @ $61.31 and 52 shares @ $61.31 (total 56 shares withheld; $3,433 reported across both items for that date)
  • Feb 27, 2026: 42 shares @ $62.34, 53 shares @ $62.34, 73 shares @ $62.34 (total 168 shares withheld)
  • Feb 27, 2026: Grants of 177 and 244 RSU shares (acquired at $0.00)
• Total withheld/disposed: 224 shares, ~ $13,906 in value (sum of reported amounts).
• Post-transaction balance: filing updates the total share balance to reflect dividend equivalents on the 2025 RSU award (footnote F2); exact post-transaction total not shown in this summary.
• Footnotes: F1 = shares withheld to satisfy applicable tax withholding; F2 = total share balance updated for dividend equivalents on 2025 RSU award.
• Filing date: Form 4 filed Mar 2, 2026 reporting Feb 26–27 transactions; no indication in this extract that the filing was late.

Context

• These transactions reflect receipt of RSU awards (acquisitions) and routine tax-withholding disposals (not open-market sales). Withholding of shares to cover taxes is common after grants and does not by itself signal a decision to sell shares on the market.