Form 4: Terex Corp Executive Buys Shares
Statement of Changes in Beneficial Ownership
Jennifer Kong-Picarello, Senior Vice President and CFO of Terex Corp, acquired 31 shares of common stock through a payroll deduction plan.
Summary
- Jennifer Kong-Picarello, Senior Vice President and CFO of Terex Corporation, purchased 31 shares of common stock on June 4, 2026.
- The shares were acquired through payroll deductions as part of the Company's Deferred Compensation Plan.
- The purchase price was $63.26 per share.
- Following this transaction, Kong-Picarello beneficially owns 87,665 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine insider purchase through a compensation plan rather than a significant open-market transaction or a strategic move.
Positives
- Insider buying can signal confidence in the company's future prospects.
- The purchase was made through a regular payroll deduction plan, indicating consistent investment by management.
Future Outlook
No specific future outlook or guidance is provided in this filing.
Industry Context
StockSavvy.ai notes that insider transactions, particularly purchases by senior executives like a CFO, are often closely watched by the market as they can reflect management's conviction about the company's valuation and future performance within the industrial machinery sector.
Stakeholder Impact
- Shareholders may view this as a positive signal of management confidence, though the transaction is through a compensation plan and not an open-market purchase.
Key Dates
| Date | Description |
|---|---|
| 06/04/2026 | Transaction date for the acquisition of common stock. |
| 06/08/2026 | Date of signature for the filing. |
Keywords
Terex Corp, TEX, Form 4, Insider Trading, Stock Purchase, Deferred Compensation Plan, CFO, Jennifer Kong-Picarello
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.