Form 4: Terex CFO Buys Shares via Deferred Comp Plan

Terex Corporation's CFO, Jennifer Kong-Picarello, acquired 26 shares of common stock at $48.98 per share through the company's deferred compensation plan.

Summary

• Jennifer Kong-Picarello, Senior Vice President and CFO of Terex Corporation (TEX), acquired 26 shares of common stock.
• The transaction occurred on September 3, 2025, with shares purchased at a price of $48.98 each.
• These shares were acquired through payroll deductions as part of the Company's Deferred Compensation Plan.
• Following this acquisition, Ms. Kong-Picarello beneficially owns a total of 64,974 shares, which includes previously reported restricted stock units.

Sentiment

Score: 7

Explanation: The insider purchase by the CFO, while small, is a positive signal of management confidence and alignment with shareholder interests, contributing to a moderately positive sentiment.

Positives

• An insider, the CFO, increased her stake in the company, which can signal confidence in the company's future prospects.
• The acquisition was part of a deferred compensation plan, indicating a structured, long-term commitment to the company's equity and aligning management's interests with shareholders.

Negatives

• The number of shares acquired (26 shares) is relatively small in the context of the total beneficial ownership (64,974 shares), suggesting a minor increase in direct exposure.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders may view the CFO's purchase as a positive signal of management's belief in the company's value, potentially increasing investor confidence.

Key Dates

Recommendation

The CFO's acquisition of shares, even a modest amount, through a deferred compensation plan signals management's continued confidence in Terex Corporation's long-term prospects and aligns their interests with shareholders. This action reinforces a 'hold' position for existing investors, suggesting stability and internal belief in the company's value, though the transaction size alone is not significant enough to trigger a 'buy' recommendation.

Keywords

Terex Corporation, TEX, Jennifer Kong-Picarello, CFO, Insider Trading, Form 4, Stock Acquisition, Deferred Compensation Plan, Common Stock