Merwe Jaco van der - 30 Aug 2024 Form 4 Insider Report for ASTEC INDUSTRIES INC (ASTE)

Role
Chief Executive Officer
Signature
/s/ Edward Terrell Gilbert, JR as attorney in fact for Jaco van der Merwe
Issuer symbol
ASTE
Transactions as of
30 Aug 2024
Net transactions value
$0
Form type
4
Filing time
03 Sep 2024, 17:16:56 UTC
Previous filing
03 Jun 2024
Next filing
02 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASTE Common Stock Award $0 +162 +0.22% $0.000000 74,210 30 Aug 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ASTE Phantom Stock Award $0 +5 +0.39% $0.000000 1,370 30 Aug 2024 Common Stock 0 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents dividend equivalents earned on the prior RSU grant awards.
F2 Reflects acquisition of phantom stock under Astec's supplemental executive retirement plan. Each share of phantom stock represents the right to receive the cash value of one share of Astec common stock.
F3 The shares of phantom stock become payable upon the reporting person's termination of service as an officer, in a single lump sum or in up to 10 annual installments, at the election of the reporting person.