TEX.NYSETerex CORP

Form 4: Terex Corp Director Simon Meester Acquires Additional Shares Through Deferred Compensation Plan

Sentiment:

SEC Form 4 Filing


Simon Meester, a Director and President and CEO of Terex Corp, acquired 8,639 shares of common stock at $40.21 per share through the company's Deferred Compensation Plan.

Summary

  • On April 2, 2025, Simon Meester, a Director and the President and CEO of Terex Corp, acquired 8,639 shares of Terex Corp common stock.
  • The shares were purchased at a price of $40.21 per share.
  • The acquisition was made through payroll deductions via the company's Deferred Compensation Plan from a deferral of Mr. Meester's bonus.
  • Following the transaction, Mr. Meester directly owns 239,627 shares of Terex Corp common stock, which includes previously reported restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction related to executive compensation. The director's purchase could be seen as a positive signal, but it's not a major event.

Positives

  • The acquisition of shares by a company director can be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and future prospects. This transaction reflects the actions of a key executive at Terex Corp.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
04/02/2025Date of stock acquisition
04/04/2025Date of signature on the Form 4 filing

Keywords

Terex Corp, Simon Meester, Director, President, CEO, stock acquisition, Deferred Compensation Plan, Form 4, insider trading

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