{"schema_version":"secwatch.filing_event.v1","accession":"0000792987-23-000036","form_type":"8-K","ticker":"ASTE","cik":"0000792987","company_name":"ASTEC INDUSTRIES INC","filed_at":"2023-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.240258+00:00","generated_at":"2026-06-16T05:43:33.766089+00:00","sec_items":["5.07"],"event_type":"other","sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"confidence":"high","headline":"Astec shareholders elect directors, approve advisory say-on-pay and auditor ratification","bullets":["Elected directors Gehl, Gliebe, Jain, van der Merwe with between 14.8M and 16.0M votes for.","Advisory vote on executive compensation approved: 15.75M for, 421,975 against, 12,618 abstain.","Advisory frequency set to one year with 14.68M votes; company will hold annual say-on-pay vote.","Ratification of Deloitte & Touche as auditor for 2023: 17.21M for, 50,962 against, 14,509 abstain."],"urls":{"canonical":"https://secwatch.observer/filing/0000792987-23-000036","json":"https://secwatch.observer/filing/0000792987-23-000036.json","markdown":"https://secwatch.observer/filing/0000792987-23-000036.md","text":"https://secwatch.observer/filing/0000792987-23-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/792987/000079298723000036/0000792987-23-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/792987/000079298723000036/aste-20230425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T05:43:33.766089+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":[{"claim_id":"2bbb6783cd2e624e28d5d4c3a9599ae18116b2cb","claim":"ASTEC INDUSTRIES INC shareholders approved Election of four director nominees: William D. Gehl (three-year term), Mark J. Gliebe (one-year term), Nalin Jain (three-year term), Jaco G. van der Merwe (three-year term) at the 2023-04-25 meeting.","evidence_excerpt":"Item 5.07. Submission of Matters to a Vote of Security Holders Astec Industries, Inc. (the “Company”) held its Annual Meeting of Shareholders on April 25, 2023 (the \"Annual Meeting\"). The following is a summary of the matters voted on at the meeting: (a) The Company’s shareholders elected the four director nominees listed below for, in the case of Messrs. Gehl, Jain and van der Merwe, a term of three years, and in the case of Mr. Gliebe, a term of one year. The voting results were as follows: For Withheld Broker Non-Votes William D. Gehl 14,837,477 1,350,246 1,086,949 Mark J. Gliebe 16,014,492 173,231 1,086,949 Nalin Jain 15,983,333 204,390 1,086,949 Jaco G. van der Merwe 15,971,517 216,206 1,086,949","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/792987/000079298723000036/0000792987-23-000036-index.htm","confidence":1.0,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-25"}],"fact_type":"shareholder_vote"},{"claim_id":"3cd84dafa3f3d7544758e79c1330b6febbbb24bc","claim":"ASTEC INDUSTRIES INC shareholders approved Advisory approval of the compensation of the Company’s named executive officers at the 2023-04-25 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 15,753,130 421,975 12,618 1,086,949","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/792987/000079298723000036/0000792987-23-000036-index.htm","confidence":1.0,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-25"}],"fact_type":"shareholder_vote"},{"claim_id":"a1b5ec59b6850a7746f643c161e0a6c599bb0c7f","claim":"ASTEC INDUSTRIES INC shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2023 at the 2023-04-25 meeting.","evidence_excerpt":"(d) The Company’s shareholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the calendar year 2023. The voting results were as follows: Votes For Votes Against Abstain 17,209,201 50,962 14,509","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/792987/000079298723000036/0000792987-23-000036-index.htm","confidence":1.0,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-25"}],"fact_type":"shareholder_vote"},{"claim_id":"a6048e726d3dc4f8be6a2ff86be2870bb9fda307","claim":"ASTEC INDUSTRIES INC shareholders approved Advisory approval of one year as the frequency for future advisory votes on named executive officer compensation at the 2023-04-25 meeting.","evidence_excerpt":"(c) The Company’s shareholders, approved on an advisory basis, \"one year\" for the frequency with which shareholders will vote on a non-binding, advisory basis to approve the compensation of the Company’s named executive officers in future years. The voting results were as follows: Votes For \"One Year\" Votes For \"Two Years\" Votes For \"Three Years\" Abstain Broker Non-Votes 14,682,398 11,206 1,482,928 11,191 1,086,949","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/792987/000079298723000036/0000792987-23-000036-index.htm","confidence":1.0,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-25"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}