Jaco van der Merwe compensation by year
ASTEC INDUSTRIES Summary Compensation Table · all 8 fiscal years held| Component | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Salary | $289,885 | $310,000 | $366,292 | $380,000 | $400,000 | $720,548 | $779,838 | $836,539 |
| Bonus | $0 | $0 | $64,068 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $88,998 | $11,410 | $653,631 | $538,064 | $465,763 | $1,329,805 | $2,187,089 | $2,244,370 |
| Option awards | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $16,493 | $170,301 | $128,136 | $123,120 | $268,500 | $1,120,170 | $464,848 | $779,455 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $51,984 | $49,859 | $74,144 | $81,239 | $77,802 | $147,404 | $232,313 | $170,367 |
| Total | $447,360 | $541,570 | $1,286,271 | $1,122,423 | $1,212,065 | $3,317,927 | $3,664,088 | $4,030,731 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: ASTEC INDUSTRIES INC DEF 14A filed March 13, 2026, accession 0001104659-26-027745, and prior-year filings.
How this page was built: the ASTEC INDUSTRIES INC filed document, accession 0001104659-26-027745. Every figure is read from that document and cited to the page and table it appears in. Filed March 13, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 71,654 | $3,104,053 | — |
| PSU | 31,354 | $1,358,273 | — |
| RSU | 25,722 | $1,114,256 | — |
| PSU | 22,786 | $987,089 | — |
| RSU | 21,009 | $910,099 | — |
| RSU | 5,165 | $223,742 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in ASTEC INDUSTRIES INC's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
ASTEC INDUSTRIES’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Jaco van der Merwe · this page | Chief Executive Officer | $4,030,731 |
| Brian Harris | Chief Financial Officer | $1,747,822 |
| Barend Snyman | Group President | $1,256,503 |
| Michael Norris | Group President | $1,159,820 |
| Terrell Gilbert | General Counsel, Chief Compliance Officer and Corporate Secretary | $1,018,512 |
Board service
ASTEC INDUSTRIES board · FY2022–FY2025How this board is paid
Company policy: ASTEC INDUSTRIES pays directors a $75,000 cash retainer and $125,000 in RSUs. As stated in ASTEC INDUSTRIES's FY2025 proxy.
The full ASTEC INDUSTRIES compensation record
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Peer companies
named in the ASTEC INDUSTRIES proxy · each links to its own free briefCompensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are ASTEC INDUSTRIES's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.