Form 4: Terex CFO Reports Routine Stock Transaction

Terex Corporation's CFO, Jennifer Kong-Picarello, reported a disposition of 6 common shares for tax withholding related to restricted stock vesting.

Summary

• Jennifer Kong-Picarello, Senior Vice President and CFO of Terex Corporation (TEX), reported a transaction on March 20, 2026.
• The transaction involved the disposition of 6 shares of Common Stock, $0.01 par value, at a price of $58.73 per share.
• These shares were withheld for the payment of tax liability associated with the scheduled vesting of previously granted restricted stock.
• Following this transaction, Ms. Kong-Picarello beneficially owns 87,593 shares of Common Stock.
• Her total ownership 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 routine compliance transaction for tax withholding on vested restricted stock, with no material impact on company operations or valuation.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard regulatory disclosures for insider transactions and typically do not reflect broader industry trends or competitive dynamics. This specific filing is a routine compliance event for tax withholding.

Comparison to Industry Standards

• This transaction is a standard compliance event for executive compensation and tax obligations, aligning with common practices across publicly traded companies. It does not provide data for direct comparison to specific company projects or results.

Related Party Transactions

• This filing details an insider transaction (CFO disposing of shares for tax), which is a type of related party dealing, but it's a routine compensation-related event rather than a unique business transaction.

Stakeholder Impact

• Minimal impact on shareholders, as this is a routine, non-discretionary transaction for tax purposes.
• No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Terex Corporation, TEX, Form 4, Insider Trading, CFO, Stock Transaction, Restricted Stock, Tax Withholding, Beneficial Ownership