Form 4: Astec Industries Director Reports Stock Transaction
Statement of Changes in Beneficial Ownership
Astec Industries Director Linda I. Knoll reported a transaction involving 6 shares of common stock on May 29, 2026.
Summary
- Director Linda I. Knoll of Astec Industries, Inc. reported a transaction on May 29, 2026.
- The transaction involved the acquisition of 6 shares of common stock.
- These shares represent dividend equivalents earned on prior Restricted Stock Unit (RSU) grant awards.
- Following this transaction, Ms. Knoll beneficially owns 14,495 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine disclosure of dividend equivalents earned by a director, with no indication of significant buying or selling activity that would impact market sentiment.
Positives
- Director Linda I. Knoll's beneficial ownership of Astec Industries stock remains substantial at 14,495 shares.
- The acquisition of shares through dividend equivalents indicates ongoing value accrual from previous RSU grants.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it pertains to a director's stock transaction.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insiders and directors, providing transparency on stock ownership and transactions within publicly traded companies like Astec Industries.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Linda I. Knoll granted a power of attorney to Terrell Gilbert, Jamie Palm, and Aletheia Silcott to execute Forms 3, 4, and 5 on her behalf. | March 26, 2024 | Ensures compliance with SEC filing requirements for beneficial ownership changes, allowing designated individuals to act on behalf of the director. |
Stakeholder Impact
- Shareholders: Increased transparency regarding director's stock holdings and transactions.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date of Power of Attorney execution by Linda Knoll. |
| 05/29/2026 | Date of the reported stock transaction (acquisition of 6 shares). |
| 06/01/2026 | Date of signature on the Form 4 filing. |
Keywords
Astec Industries, ASTE, Form 4, SEC Filing, Director Transaction, Stock Ownership, Beneficial Ownership, Common Stock, Dividend Equivalents, RSU
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