Form 4: Terex CFO Acquires Shares via Deferred Comp Plan
Insider Transaction Report
Terex Corporation's Senior Vice President and CFO, Jennifer Kong-Picarello, acquired 19 shares of common stock through the company's Deferred Compensation Plan.
Summary
- Jennifer Kong-Picarello, Senior Vice President and CFO of Terex Corporation (TEX), acquired 19 shares of common stock.
- The transaction occurred on February 4, 2026, at a price of $65.49 per share.
- These shares were purchased through payroll deductions via the Company's Deferred Compensation Plan.
- Following this transaction, Ms. Kong-Picarello beneficially owns a total of 65,378 shares, which includes previously reported restricted stock units.
Sentiment
Score: 7
Explanation: StockSavvy.ai views this as a moderately positive signal, as the CFO's acquisition of shares, even through a compensation plan, demonstrates continued alignment with shareholder interests and confidence in the company.
Positives
- The Senior Vice President and CFO acquired additional shares, indicating continued alignment of management interests with shareholders.
- Shares were acquired through the company's Deferred Compensation Plan, suggesting a long-term commitment.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that insider purchases, even small ones through compensation plans, are generally viewed positively as they signal management's confidence in the company's future performance. This aligns with a broader trend of executives using company-sponsored plans to increase their stake.
Related Party Transactions
- Jennifer Kong-Picarello, Senior Vice President and CFO, acquired 19 shares of Terex Corporation common stock through the company's Deferred Compensation Plan.
Stakeholder Impact
- Shareholders: May view this as a positive signal of management confidence, potentially reinforcing investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/04/2026 | Date of transaction for common stock acquisition. |
| 02/06/2026 | Signature date of the reporting person by power of attorney. |
Recommendation
holdThe acquisition of a small number of shares by the CFO through a deferred compensation plan is a routine event that signals management's continued alignment with shareholder interests. While positive, it is not a significant enough event on its own to warrant a change in investment recommendation, thus maintaining a 'hold' position is prudent.
Keywords
Terex Corporation, TEX, Insider Trading, Form 4, Stock Acquisition, CFO, Deferred Compensation Plan, Jennifer Kong-Picarello
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.