Form 4: Terex Corp. CFO Julie A. Beck Reports Stock Transaction

Terex Corporation's CFO, Julie A. Beck, disposed of 741 shares of common stock to cover tax liabilities related to vesting restricted stock awards.

Summary

• Julie A. Beck, the Senior Vice President and CFO of Terex Corporation, reported a transaction involving the company's common stock.
• On December 2, 2024, Ms. Beck disposed of 741 shares of Terex common stock at a price of $54.79 per share.
• This transaction was executed to cover the tax liability associated with the vesting of previously granted restricted stock awards.
• Following this transaction, Ms. Beck beneficially owns 94,639 shares of Terex common stock, which includes shares received as a dividend.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing for an insider stock transaction, which is neither positive nor negative for the company's overall outlook.

Industry Context

This is a routine filing related to insider transactions and is common for executives who receive stock-based compensation.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical executive stock transactions.
• Many executives at comparable companies such as Caterpillar, John Deere, and Komatsu regularly file similar forms when they sell shares to cover tax obligations or for other personal financial reasons.

Stakeholder Impact

• This transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive for tax purposes.

Key Dates

Keywords

Terex, Stock Transaction, Form 4, Insider Trading, CFO, Julie A. Beck, Restricted Stock, Tax Liability