Astec Industries Director Nalin Jain Acquires 7 Common Shares via RSU Dividend Equivalents

Astec Industries Inc. (NASDAQ: ASTE) filed a Form 4 with the SEC on September 2, 2026, disclosing a transaction by director Nalin Jain. On August 28, 2026, Mr. Jain acquired 7 shares of Astec common stock through dividend equivalents earned on his prior restricted stock unit (RSU) grant awards, as noted in footnote F1. The shares were acquired at a price of $0.00 per share under transaction code "A" (grant/award), representing a non-derivative acquisition with direct ownership nature. Following this transaction, Mr. Jain's total beneficial ownership increased to 12,939 shares of common stock, held directly. The Form 4 indicates no derivative transactions were reported and no equity swap was involved. The filing was signed by Edward Terrell Gilbert, Jr. as attorney-in-fact on behalf of Mr. Jain, with a report period of August 28, 2026. This is a routine insider ownership disclosure reflecting a small dividend-equivalent share grant to a board member, with no change in the company's operations, capital structure, or strategic direction.