Company: ASTE
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001104659-25-023778
Chunk: 95

Company: ASTEC INDUSTRIES INC
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 95
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| ​ | All directors, nominees and executive officers as a group (14 persons) | ​ | ​ | ​            | ​ |       157,830 | ​ | ​ | ​ | ​        | ​ | 0.69%  | ​ | ​ |
| ​ | * Less than 1%                                                         | ​ | ​ | ​            | ​ |             ​ | ​ | ​ | ​ | ​        | ​ | ​      | ​ | ​ |
| ​ | 5% Shareholders                                                        | ​ | ​ | ​            | ​ |             ​ | ​ | ​ | ​ | ​        | ​ | ​      | ​ | ​ |
| ​ | BlackRock, Inc.                                                        | ​ | ​ | ​            | ​ | 3,984,291(11) | ​ | ​ | ​ | ​        | ​ | 17.47% | ​ | ​ |
| ​ | Victory Capital Management Inc.                                        | ​ | ​ | ​            | ​ | 1,603,312(12) | ​ | ​ | ​ | ​        | ​ | 7.03%  | ​ | ​ |
| ​ | Gabelli Funds, Inc.                                                    | ​ | ​ | ​            | ​ | 1,989,789(13) | ​ | ​ | ​ | ​        | ​ | 8.73%  | ​ | ​ |

(1) Except as otherwise noted, the address of each beneficial owner listed in the table is c/o Astec Industries, Inc. at 1725 Shepherd Road, Chattanooga, Tennessee 37421. (2) The amounts of the Company’s Common Stock beneficially owned are reported on the basis of regulations of the Securities and Exchange Commission governing the determination of beneficial ownership of securities. The beneficial owner has both voting and dispositive power over the shares of Common Stock, unless otherwise indicated. As indicated, certain of the shares included are beneficially owned by the holders by virtue of their

TABLE OF CONTENTS 70 Astec Industries, Inc. | Notice of Annual Meeting and Proxy Statement 2025 ownership of rights to acquire such shares pursuant to deferred stock rights and restricted stock units. Unless indicated in the table, the number of shares included in the table as beneficially owned by a director, nominee or officer does not exceed one percent of the Common Stock of the Company outstanding on February 27, 2025. (3) Includes 16,765 RSUs that convert to shares of Common