Director Jeffrey T. Jackson of Astec Industries Inc filed a statement of changes in beneficial ownership on November 3, 2026, reporting the acquisition of 510 shares of common stock on October 31, 2026, as a quarterly board retainer fee paid in stock.

Key Highlights

  • Reporting person: Jeffrey T. Jackson, serving as a Director of Astec Industries Inc (NASDAQ:ASTE)
  • Transaction date: October 31, 2026, with the filing submitted November 3, 2026
  • Shares acquired: 510 shares of common stock, coded as an acquisition (A) at a price of $0.00
  • Reason for transaction: According to the filing, the shares represent "a quarterly retainer fee that the director elected to receive in stock"
  • Resulting ownership: Jackson directly holds 12,834 shares of Astec Industries common stock following the transaction
  • Filing agent: The form was signed by Edward Terrell Gilbert, Jr. as attorney in fact for Jeffrey T. Jackson

Jackson's Stock Retainer and His Standing Position in Astec Industries

According to the filing, the 510-share acquisition was not a market purchase but rather a director compensation arrangement. Jackson elected to receive his quarterly board retainer fee in the form of company stock rather than cash. The transaction carried a reported price of $0.00, consistent with a fee-for-stock compensation election rather than an open-market purchase. The transaction code recorded is "A," indicating an acquisition of securities.

Astec Industries Inc is a Chattanooga, Tennessee-based manufacturer that produces equipment used in road-building and related construction activities, including asphalt plants and other heavy infrastructure machinery. Following this retainer grant, Jackson's direct beneficial ownership in the company stands at 12,834 shares of common stock, as reported in Table I of the filing. No derivative securities were reported in Table II. The filing was made by one reporting person and is not an amendment to a prior filing.

What Was Disclosed

The filing disclosed that Director Jeffrey T. Jackson received 510 shares of Astec Industries common stock on October 31, 2026, as a quarterly retainer fee he elected to take in stock, bringing his total direct holdings to 12,834 shares.