{"schema_version":"secwatch.filing_event.v1","accession":"0000792987-24-000059","form_type":"8-K","ticker":"ASTE","cik":"0000792987","company_name":"ASTEC INDUSTRIES INC","filed_at":"2024-12-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.031983+00:00","generated_at":"2026-05-29T01:51:52.621999+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Astec adopts new Executive Severance Plan effective Jan 2025; two-tier benefits","bullets":["Named officers: Jaco van der Merwe (Tier I), Brian Harris, Michael Norris, Ben Snyman (Tier II).","Tier I gets 2x salary+bouns regular severance; 3x after CIC; Tier II gets 1x/2x respectively.","Change-of-control benefits include full equity acceleration and 36/24 months health coverage.","Severance requires release and non-compete (12 months Tier I, 8 months Tier II)."],"urls":{"canonical":"https://secwatch.observer/filing/0000792987-24-000059","json":"https://secwatch.observer/filing/0000792987-24-000059.json","markdown":"https://secwatch.observer/filing/0000792987-24-000059.md","text":"https://secwatch.observer/filing/0000792987-24-000059.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/792987/000079298724000059/0000792987-24-000059-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/792987/000079298724000059/aste-20241218.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T01:51:52.621999+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"}