Form 4: Terex CEO Meester's Routine Stock Vesting Tax Withholding

Terex Corporation's President and CEO, Simon Meester, reported a routine disposition of 49 common shares for tax withholding related to restricted stock vesting.

Summary

• Simon Meester, President and CEO, and a Director of Terex Corp, reported a transaction on March 20, 2026.
• 49 shares of Terex Common Stock ($.01 par value) were disposed of at a price of $58.73 per share.
• This disposition was for tax withholding purposes associated with the scheduled vesting of previously granted restricted stock.
• Following this transaction, Meester beneficially owns 328,370 shares, which includes previously reported restricted stock units and shares received as a dividend.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a standard administrative transaction related to executive compensation rather than a reflection of company performance or strategic direction.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, particularly routine tax-related dispositions like this Form 4, are common occurrences in publicly traded companies and typically do not reflect strategic shifts or operational performance. They are standard procedures for executives receiving equity compensation.

Stakeholder Impact

• Minimal direct impact on shareholders as this is a routine, small-scale transaction related to executive compensation and tax obligations.

Key Dates

Keywords

Terex Corp, TEX, Simon Meester, Form 4, Insider Transaction, Restricted Stock, Tax Withholding, Equity Compensation