Astec Industries Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
$ASTE
Construction/Ag Equipment/Trucks
Industrials
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): April 25, 2025
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (423 ) 899-5898
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Securities registered pursuant to Section 12(b) of the Act:
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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 ☐
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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, 2025 (the "Annual Meeting"). The following is a summary of the matters voted on at the meeting:
(1) The Company’s shareholders elected the three director nominees listed below for a term of three years. The voting results were as follows:
| For | Withheld | Broker Non-Votes | ||||||||||||||||||
| Tracey H. Cook | 18,904,665 | 182,865 | 1,354,151 | |||||||||||||||||
| Mary L. Howell | 18,183,642 | 903,364 | 1,354,675 | |||||||||||||||||
| Linda I. Knoll | 18,732,641 | 354,365 | 1,354,675 | |||||||||||||||||
(2) 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 | |||||||||||||||||
| 18,221,274 | 455,607 | 10,125 | 1,754,675 | |||||||||||||||||
(3) The Company’s shareholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the calendar year 2025. The voting results were as follows:
| Votes For | Votes Against | Abstain | |||||||||||||||
| 20,388,701 | 51,237 | 1,743 | |||||||||||||||
(4) The Company's shareholders approved the Astec Industries, Inc. 2025 Equity Incentive Plan. The voting results were as follows:
| Votes For | Votes Against | Abstain | |||||||||||||||
| 18,265,069 | 813,367 | 8,568 | |||||||||||||||
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: April 28, 2025 | By: | /s/ Edward T. Gilbert Jr. | ||||||
| Edward T. Gilbert Jr. | ||||||||
| General Counsel & Corporate Secretary | ||||||||