Form 4: Former Terex CFO Julie A. Beck Forfeits Restricted Stock
SEC Form 4 Filing
Julie A. Beck, former CFO of Terex Corporation, forfeited 10,335 shares of common stock on February 27, 2025, due to the terms of performance awards.
Summary
- On February 27, 2025, Julie A. Beck, the former CFO of Terex Corporation, forfeited 10,335 shares of Terex common stock.
- The forfeiture occurred due to the terms of performance awards granted in 2022, 2023, and 2024.
- Following the transaction, Ms. Beck beneficially owns 84,489 shares of Terex common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock forfeiture, which is neither inherently positive nor negative. It's a neutral event in the context of financial reporting.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the holdings and transactions of company insiders.
Stakeholder Impact
- The forfeiture of shares by a former executive may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of transaction: Julie A. Beck forfeited 10,335 shares of Terex common stock. |
| 03/03/2025 | Date of signature by power of attorney. |
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