Form 4: Terex CFO Acquires Shares via Deferred Plan
Insider Transaction Report
Terex Corporation's Senior Vice President and CFO, Jennifer Kong-Picarello, acquired 24 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 24 shares of common stock.
- The acquisition occurred on October 2, 2025, at a price of $52.45 per share.
- These shares were purchased through payroll deductions as part of the Company's Deferred Compensation Plan.
- Following this transaction, Ms. Kong-Picarello beneficially owns a total of 65,136 shares of Terex common stock.
- The total beneficial ownership includes previously reported restricted stock units and shares received as a dividend.
Sentiment
Score: 7
Explanation: The acquisition of shares by a key executive, even a small amount through a deferred plan, generally reflects positive sentiment and confidence in the company's long-term value.
Positives
- The acquisition of shares by a Senior Vice President and CFO demonstrates continued confidence in the company's future prospects by its leadership.
- The purchase through a deferred compensation plan indicates a long-term commitment and alignment of interests with shareholders.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
Insider transactions, such as the acquisition of shares by executives, are a common occurrence across all industries. While this specific transaction is small, it generally signals an executive's belief in the company's value and future performance within the industrial equipment manufacturing sector.
Stakeholder Impact
- Shareholders may view this insider purchase as a positive signal, indicating management's alignment with shareholder interests and confidence in the company's stock performance.
Key Dates
| Date | Description |
|---|---|
| 10/02/2025 | Date of transaction where 24 shares were acquired. |
| 10/06/2025 | Date the Statement of Changes in Beneficial Ownership (Form 4) was filed. |
Keywords
Terex Corporation, TEX, Insider Trading, Form 4, Stock Acquisition, CFO, Deferred Compensation Plan, Common Stock
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