{"schema_version":"secwatch.filing_event.v1","accession":"0000792987-22-000003","form_type":"8-K","ticker":"ASTE","cik":"0000792987","company_name":"ASTEC INDUSTRIES INC","filed_at":"2022-01-05T23:59:59+00:00","discovered_at":"2026-05-14T18:04:09.783474+00:00","generated_at":"2026-06-27T20:47:13.510482+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Astec enters new severance agreements with CEO and four officers, enhancing benefits","bullets":["CEO Ruffalo gets 2x base salary plus target bonus severance; other officers get 1.5x.","Severance agreements have 3-year initial term with automatic one-year renewals.","Non-compete and non-solicitation periods: 24 months for CEO, 18 months for others.","Equity awards receive pro-rata vesting upon qualifying termination.","Benefits include lump-sum cash, health coverage (24 months CEO, 18 months others), and outplacement up to $10,000."],"urls":{"canonical":"https://secwatch.observer/filing/0000792987-22-000003","json":"https://secwatch.observer/filing/0000792987-22-000003.json","markdown":"https://secwatch.observer/filing/0000792987-22-000003.md","text":"https://secwatch.observer/filing/0000792987-22-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/792987/000079298722000003/0000792987-22-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/792987/000079298722000003/a2022-01x05severanceagreem.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T20:47:13.510482+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}