{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-07T17:34:02.306021+00:00","company":{"ticker":"ASTE","cik":792987,"company_name":"ASTEC INDUSTRIES INC"},"pagination":{"limit":100,"returned":15,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"lender":[{"display_name":"Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto from time to time","detail":"credit_facility","count":1,"first_seen":"2025-07-01T23:59:59+00:00","last_seen":"2025-07-01T23:59:59+00:00","evidence_fact_ids":[44495]}],"ma_counterparty":[{"display_name":"TerraSource Holdings, LLC","detail":"acquisition","count":1,"first_seen":"2025-07-01T23:59:59+00:00","last_seen":"2025-07-01T23:59:59+00:00","evidence_fact_ids":[28339]}]},"facts":[{"fact_type":"earnings_release","fact_key":"6af3f29a04f575cb1c7b78482f4c0fd7d967d5f1","cik":792987,"ticker":"ASTE","company_name":"ASTEC INDUSTRIES INC","filed_at":"2026-05-06T23:59:59+00:00","payload":{"eps_text":"$0.06","guidance_signal":"reaffirmed","item_codes_triggered":["2.02"],"net_income_text":"$1.3 million","period_text":"three months ended March 31, 2026","report_date":"2026-05-06","result_type":"reported_results","revenue_text":"$396.3 million"},"claim":"ASTEC INDUSTRIES INC reported three months ended March 31, 2026 results: revenue $396.3 million, net income $1.3 million, EPS $0.06. Guidance reaffirmed.","evidence_excerpt":"FIRST QUARTER 2026 RESULTS First Quarter 2026 Overview (all comparisons are made to the corresponding prior year first quarter unless otherwise specified) : • Net sales of $396.3 million • Net income of $1.3 million; Adjusted net income of $12.5 million • EBITDA of $23.6 million; Adjusted EBITDA of $30.3 million • Diluted EPS of $0.06; Adjusted EPS of $0.54 •","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000792987-26-000025","anchor_url":"https://secwatch.observer/filing/0000792987-26-000025#claim-6af3f29a04f575cb1c7b78482f4c0fd7d967d5f1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/792987/000079298726000025/0000792987-26-000025-index.htm"},{"fact_type":"debt_financing","fact_key":"3be3e0aa031f03fdc72c40ea80e6eac8f55b65af","cik":792987,"ticker":"ASTE","company_name":"ASTEC INDUSTRIES INC","filed_at":"2025-07-01T23:59:59+00:00","payload":{"counterparty":"Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto from time to time","effective_date":"2025-07-01","event":"incurrence","instrument_type":"credit_facility","interest_rate_text":"Term SOFR plus an applicable margin ranging between 1.75% and 2.75% per annum, o","item_codes_triggered":["2.03"],"maturity_text":"July 1, 2030","principal_text":"$600,000,000"},"claim":"ASTEC INDUSTRIES INC incurred credit facility of $600,000,000 with Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto from time to time at Term SOFR plus an applicable margin ranging between 1.75% and 2.75% per annum, o maturing July 1, 2030.","evidence_excerpt":"Simultaneously with the Closing, on July 1, 2025 (the “Financing Effective Date”), the Company entered into a credit agreement (the “Credit Agreement”) that provides for (i) a revolving credit facility, a term loan facility, a swingline facility and a letter of credit facility, in an initial aggregate amount of up to $600,000,000, and (ii) an incremental facilities limit in an aggregate amount not to exceed $150,000,000 (collectively, the “Credit Facilities”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-25-064747","anchor_url":"https://secwatch.observer/filing/0001104659-25-064747#claim-3be3e0aa031f03fdc72c40ea80e6eac8f55b65af","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/792987/000110465925064747/0001104659-25-064747-index.htm"},{"fact_type":"ma_transaction","fact_key":"fc61a15fc100ba95a505dc2055530d9ffb7912a6","cik":792987,"ticker":"ASTE","company_name":"ASTEC INDUSTRIES INC","filed_at":"2025-07-01T23:59:59+00:00","payload":{"action":"acquisition","closing_date":"2025-07-01","consideration_text":"$245.0 million in cash on a cash-free, debt-free basis","counterparty":"TerraSource Holdings, LLC (Sellers: RLI TSG Holdings LLC, Milacron LLC, and others)","effective_date":"2025-07-01","item_codes_triggered":["2.01"]},"claim":"ASTEC INDUSTRIES INC completed an acquisition involving TerraSource Holdings, LLC (Sellers: RLI TSG Holdings LLC, Milacron LLC, and others) for $245.0 million in cash on a cash-free, debt-free basis (closed 2025-07-01).","evidence_excerpt":"its previously announced Acquisition\nof TerraSource pursuant to the Purchase Agreement. The total consideration delivered at the Closing by the Company to the Sellers\nwas $245.0 million in cash on a cash-free, debt-free basis, subject to a customary purchase price adjustment, as set forth in the\nPurchase Agreement. The Company financed the Acquisition and","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-25-064747","anchor_url":"https://secwatch.observer/filing/0001104659-25-064747#claim-fc61a15fc100ba95a505dc2055530d9ffb7912a6","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/792987/000110465925064747/0001104659-25-064747-index.htm"},{"fact_type":"executive_change","fact_key":"5a9642b764","cik":792987,"ticker":"ASTE","company_name":"ASTEC INDUSTRIES INC","filed_at":"2024-10-07T23:59:59+00:00","payload":{"action":"stepped down as Interim Chief Financial Officer","action_category":"role_change","departure_tone":"routine","effective_date":"2024-10-07","interim":true,"role":"Vice President Finance – Infrastructure Solutions","role_category":"other","successor_name":"Brian J. Harris","successor_named":true},"claim":"Heinrich Jonker changed role as Vice President Finance – Infrastructure Solutions at ASTEC INDUSTRIES INC.","evidence_excerpt":"Heinrich Jonker will step down from his role as Interim Chief Financial Officer and will continue to serve as Vice President Finance – Infrastructure Solutions of the Company.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0000792987-24-000048","anchor_url":"https://secwatch.observer/filing/0000792987-24-000048#claim-5a9642b764","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/792987/000079298724000048/0000792987-24-000048-index.htm"},{"fact_type":"executive_change","fact_key":"c155209008","cik":792987,"ticker":"ASTE","company_name":"ASTEC INDUSTRIES INC","filed_at":"2024-10-07T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-10-07","interim":false,"role":"Chief Financial Officer","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Brian J. Harris was appointed as Chief Financial Officer at ASTEC INDUSTRIES INC.","evidence_excerpt":"Brian J. Harris has been appointed as Chief Financial Officer of the Company, effective October 7, 2024","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0000792987-24-000048","anchor_url":"https://secwatch.observer/filing/0000792987-24-000048#claim-c155209008","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/792987/000079298724000048/0000792987-24-000048-index.htm"},{"fact_type":"earnings_release","fact_key":"270cc2d08fca7f457459852a360fe1073d05c377","cik":792987,"ticker":"ASTE","company_name":"ASTEC INDUSTRIES INC","filed_at":"2024-05-01T23:59:59+00:00","payload":{"eps_text":"$0.15","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$3.4 million","period_text":"first quarter ended March 31, 2024","report_date":"2024-05-01","result_type":"reported_results","revenue_text":"$309.2 million"},"claim":"ASTEC INDUSTRIES INC reported first quarter ended March 31, 2024 results: revenue $309.2 million, net income $3.4 million, EPS $0.15.","evidence_excerpt":"Implied orders increased 2.4% sequentially from the fourth quarter. • Backlog of $559.8 million as of March 31, 2024 approaching historical range. • Net sales decreased 11.1% to $309.2 million. • Gross margin of 24.9% decreased 70 basis points. • Diluted EPS of $0.15 compared to $0.53; Adjusted EPS of $0.34 compared to $0.90. • Federal highway and pavement contract","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000792987-24-000025","anchor_url":"https://secwatch.observer/filing/0000792987-24-000025#claim-270cc2d08fca7f457459852a360fe1073d05c377","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/792987/000079298724000025/0000792987-24-000025-index.htm"},{"fact_type":"shareholder_vote","fact_key":"abb44dc61241d10358d86100c9d8fa7002481651","cik":792987,"ticker":"ASTE","company_name":"ASTEC INDUSTRIES INC","filed_at":"2024-04-30T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-04-25","outcome":"passed","proposal_text":"Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the calendar year 2024","proposal_type":"auditor_ratification","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":"83,398","votes_against":"44,881","votes_for":"20,359,936","votes_withheld":null}]},"claim":"ASTEC INDUSTRIES INC shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the calendar year 2024 at the 2024-04-25 meeting.","evidence_excerpt":"(c) The Company’s shareholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the calendar year 2024. The voting results were as follows: Votes For Votes Against Abstain 20,359,936 44,881 83,398","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000792987-24-000021","anchor_url":"https://secwatch.observer/filing/0000792987-24-000021#claim-abb44dc61241d10358d86100c9d8fa7002481651","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/792987/000079298724000021/0000792987-24-000021-index.htm"},{"fact_type":"shareholder_vote","fact_key":"9c0c97dc21ee28c1199b83c5de2b415cdf5a7c93","cik":792987,"ticker":"ASTE","company_name":"ASTEC INDUSTRIES INC","filed_at":"2024-04-30T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-04-25","outcome":"passed","proposal_text":"Advisory approval of the compensation of the Company’s named executive officers","proposal_type":"say_on_pay","results":[{"broker_non_votes":"1,258,221","subject":null,"votes_abstain":"105,218","votes_against":"210,426","votes_for":"18,914,350","votes_withheld":null}]},"claim":"ASTEC INDUSTRIES INC shareholders approved Advisory approval of the compensation of the Company’s named executive officers at the 2024-04-25 meeting.","evidence_excerpt":"(b) The Company’s shareholders, approved on an advisory basis, the compensation of the Company’s named executive officers. The voting results were as follows: Votes For Votes Against Abstain Broker Non-Votes 18,914,350 210,426 105,218 1,258,221","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000792987-24-000021","anchor_url":"https://secwatch.observer/filing/0000792987-24-000021#claim-9c0c97dc21ee28c1199b83c5de2b415cdf5a7c93","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/792987/000079298724000021/0000792987-24-000021-index.htm"},{"fact_type":"shareholder_vote","fact_key":"cff6e66b002c52b548692ac0baf5949079c9ce0d","cik":792987,"ticker":"ASTE","company_name":"ASTEC INDUSTRIES INC","filed_at":"2024-04-30T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-04-25","outcome":"passed","proposal_text":"Election of four director nominees for a term of three years","proposal_type":"director_election","results":[{"broker_non_votes":"1,258,220","subject":"Mark J. Gliebe","votes_abstain":null,"votes_against":null,"votes_for":"18,935,648","votes_withheld":"294,347"},{"broker_non_votes":"1,258,220","subject":"James Winford","votes_abstain":null,"votes_against":null,"votes_for":"18,597,687","votes_withheld":"632,308"},{"broker_non_votes":"1,258,220","subject":"Jeffrey T. Jackson","votes_abstain":null,"votes_against":null,"votes_for":"15,003,193","votes_withheld":"4,226,802"},{"broker_non_votes":"1,258,220","subject":"Patrick S. Shannon","votes_abstain":null,"votes_against":null,"votes_for":"19,091,834","votes_withheld":"138,161"}]},"claim":"ASTEC INDUSTRIES INC shareholders approved Election of four director nominees for a term of three years at the 2024-04-25 meeting.","evidence_excerpt":"(a) The Company’s shareholders elected the four director nominees listed below for a term of three years. The voting results were as follows: For Withheld Broker Non-Votes Mark J. Gliebe 18,935,648 294,347 1,258,220 James Winford 18,597,687 632,308 1,258,220 Jeffrey T. Jackson 15,003,193 4,226,802 1,258,220 Patrick S. Shannon 19,091,834 138,161 1,258,220","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000792987-24-000021","anchor_url":"https://secwatch.observer/filing/0000792987-24-000021#claim-cff6e66b002c52b548692ac0baf5949079c9ce0d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/792987/000079298724000021/0000792987-24-000021-index.htm"},{"fact_type":"executive_change","fact_key":"9172c228f7","cik":792987,"ticker":"ASTE","company_name":"ASTEC INDUSTRIES INC","filed_at":"2024-03-07T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-03-02","interim":true,"role":"Chief Financial Officer","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Heinrich Jonker was appointed as Chief Financial Officer at ASTEC INDUSTRIES INC.","evidence_excerpt":"The Company has appointed Heinrich Jonker, the Company’s Vice President Finance – Infrastructure Solutions, as its CFO on an interim basis, effective immediately, until a permanent successor is appointed.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-24-031691","anchor_url":"https://secwatch.observer/filing/0001104659-24-031691#claim-9172c228f7","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/792987/000110465924031691/0001104659-24-031691-index.htm"},{"fact_type":"executive_change","fact_key":"5b6820a2ba","cik":792987,"ticker":"ASTE","company_name":"ASTEC INDUSTRIES INC","filed_at":"2024-03-07T23:59:59+00:00","payload":{"action":"stepping down","action_category":"departure","departure_tone":"routine","effective_date":"2024-03-02","interim":false,"role":"Chief Financial Officer","role_category":"cfo","successor_name":"Heinrich Jonker","successor_named":true},"claim":"Rebecca A. Weyenberg departed as Chief Financial Officer at ASTEC INDUSTRIES INC.","evidence_excerpt":"On March 2, 2024, Rebecca A. Weyenberg, Chief Financial Officer of Astec Industries, Inc. (the “Company”), notified the Company that she is stepping down as CFO of the Company.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-24-031691","anchor_url":"https://secwatch.observer/filing/0001104659-24-031691#claim-5b6820a2ba","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/792987/000110465924031691/0001104659-24-031691-index.htm"},{"fact_type":"earnings_release","fact_key":"4f67949f685ec17bba7f618292c54bbcc5be8b74","cik":792987,"ticker":"ASTE","company_name":"ASTEC INDUSTRIES INC","filed_at":"2024-02-28T23:59:59+00:00","payload":{"eps_text":"Diluted EPS of $0.65 compared to $(0.04) in the quarter; Full year diluted EPS of $1.47 compared to $0.00","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"Net income (loss) attributable to controlling interest 14.9 (1.0) 1,590.0 % 33.5 (0.1) 33,600.0 %","period_text":"three months and year ended December 31, 2023","report_date":"2024-02-28","result_type":"reported_results","revenue_text":"Net sales decreased 3.6% to $337.2 million in the quarter. Full year net sales increased 5.0% to $1.3 billion."},"claim":"ASTEC INDUSTRIES INC reported three months and year ended December 31, 2023 results: revenue Net sales decreased 3.6% to $337.2 million in the quarter. Full year net sales increased 5.0% to $1.3 billion., net income Net income (loss) attributable to controlling interest 14.9 (1.0) 1,590.0 % 33.5 (0.1) 33,600.0 %, EPS Diluted EPS of $0.65 compared to $(0.04) in the quarter; Full year diluted EPS of $1.47 compared to $0.00.","evidence_excerpt":"RESULTS Fourth Quarter and Full Year 2023 Overview (all comparisons are made to the corresponding prior year fourth quarter or prior year, as applicable) : • Net sales decreased 3.6% to $337.2 million in the quarter. Full year net sales increased 5.0% to $1.3 billion. • Gross margin of 26.4% increased 610 basis points in the quarter. Full year gross margin","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000792987-24-000012","anchor_url":"https://secwatch.observer/filing/0000792987-24-000012#claim-4f67949f685ec17bba7f618292c54bbcc5be8b74","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/792987/000079298724000012/0000792987-24-000012-index.htm"},{"fact_type":"executive_change","fact_key":"28205d5767","cik":792987,"ticker":"ASTE","company_name":"ASTEC INDUSTRIES INC","filed_at":"2024-01-22T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-01-18","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Jeffrey T. Jackson was appointed as Director at ASTEC INDUSTRIES INC.","evidence_excerpt":"On January 18, 2024, the Board appointed Patrick S. Shannon and Jeffrey T. Jackson to the Board, effective immediately.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000792987-24-000003","anchor_url":"https://secwatch.observer/filing/0000792987-24-000003#claim-28205d5767","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/792987/000079298724000003/0000792987-24-000003-index.htm"},{"fact_type":"executive_change","fact_key":"d6dddfa1a5","cik":792987,"ticker":"ASTE","company_name":"ASTEC INDUSTRIES INC","filed_at":"2024-01-22T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-01-18","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Patrick S. Shannon was appointed as Director at ASTEC INDUSTRIES INC.","evidence_excerpt":"On January 18, 2024, the Board appointed Patrick S. Shannon and Jeffrey T. Jackson to the Board, effective immediately.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000792987-24-000003","anchor_url":"https://secwatch.observer/filing/0000792987-24-000003#claim-d6dddfa1a5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/792987/000079298724000003/0000792987-24-000003-index.htm"},{"fact_type":"executive_change","fact_key":"a921f36565","cik":792987,"ticker":"ASTE","company_name":"ASTEC INDUSTRIES INC","filed_at":"2024-01-22T23:59:59+00:00","payload":{"action":"retired","action_category":"departure","departure_tone":"retirement","effective_date":"2024-01-18","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"William Bradley Southern retired as Director at ASTEC INDUSTRIES INC.","evidence_excerpt":"On January 18, 2024, William Bradley Southern notified the Board of Directors (the \"Board\") of Astec Industries, Inc. (the \"Company\") that he will be retiring as a member of the Board, effective immediately.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000792987-24-000003","anchor_url":"https://secwatch.observer/filing/0000792987-24-000003#claim-a921f36565","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/792987/000079298724000003/0000792987-24-000003-index.htm"}]}