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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 10, 2023
Astec A logo.jpg
Astec Industries, Inc.
(Exact name of registrant as specified in its charter)

Tennessee001-1159562-0873631
(State or other jurisdiction
of incorporation)
(Commission File Number)(IRS Employer
Identification No.)

1725 Shepherd Road, Chattanooga, Tennessee 37421
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (423) 899-5898


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common StockASTEThe Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐



Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 10, 2023, Timothy A. Averkamp, Group President of Astec Industries, Inc. (the "Company"), notified the Company that he intends to resign from the Company effective November 24, 2023.

Item 9.01. Financial Statements and Exhibits
(d)Exhibits
104 Cover Page Interactive Data File embedded within the Inline XBRL document



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Astec Industries, Inc.
Date: November 13, 2023By:/s/ Jaco van der Merwe
Jaco van der Merwe
President and Chief Executive Officer

v3.23.3
Document and Entity Information Document
Nov. 10, 2023
Cover [Abstract]  
Document Type 8-K
Document Period End Date Nov. 10, 2023
Entity Registrant Name Astec Industries, Inc.
Entity Central Index Key 0000792987
Amendment Flag false
Entity Incorporation, State or Country Code TN
Entity File Number 001-11595
Entity Tax Identification Number 62-0873631
Entity Address, Address Line One 1725 Shepherd Road,
Entity Address, City or Town Chattanooga
Entity Address, State or Province TN
Entity Address, Postal Zip Code 37421
City Area Code 423
Local Phone Number 899-5898
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock
Trading Symbol ASTE
Security Exchange Name NASDAQ
Entity Emerging Growth Company false

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