secwatch.observer — SEC 8-K summary
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Issuer:     ASTEC INDUSTRIES INC (ASTE)
CIK:        0000792987
Form:       8-K
Filed at:   2023-07-28T23:59:59+00:00
Accession:  0000792987-23-000058
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Astec director Glen Tellock retires; James Winford elected to board
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- Glen Tellock retired as director effective July 27, 2023, after 17 years of service; no disagreement with company.
- Board elected James Winford as independent director effective immediately; also named to Nominating and Corporate Governance Committee.
- Winford is President of Prairie Contractors LLC, an asphalt producer/highway contractor, with extensive industry experience.
- Board size remains 10 directors, 9 of whom are independent; Winford qualifies as independent under Nasdaq rules.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/792987/000079298723000058/0000792987-23-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/792987/000079298723000058/aste-20230726.htm
  HTML page:      https://secwatch.observer/filing/0000792987-23-000058

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer