Form 4: Terex Corp CEO Simon Meester Reports Stock Transaction
SEC Form 4 Filing
Simon Meester, President and CEO of Terex Corp, reports a transaction involving the withholding of shares for tax liability related to vesting restricted stock awards.
Summary
- On March 20, 2024, Simon Meester, President and CEO of Terex Corp, reported a transaction.
- Shares were withheld to cover the tax liability associated with the vesting of previously granted restricted stock awards.
- 4 shares of common stock were disposed of at a price of $58.84.
- Following the transaction, Meester beneficially owns 137,404 shares of Terex Corp common stock, including shares received as a dividend.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders and provide transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | Date of the stock transaction (withholding of shares for tax liability). |
| 03/22/2024 | Date of signature on the report. |
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.