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 4, 2024, Simon Meester, President and CEO of Terex Corp, reported a transaction.
- 2,684 shares of common stock were withheld at a price of $56.69.
- This was for payment of tax liability associated with the vesting of previously granted restricted stock awards.
- Following the transaction, Meester beneficially owns 59,632 shares of Terex Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, with neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it relates to executive stock ownership and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Date of the stock transaction (withholding of shares). |
| 03/06/2024 | Date of signature on the Form 4 filing. |
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