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 shares through the company's Deferred Compensation Plan.
Summary
- Jennifer Kong-Picarello, Senior Vice President and CFO of Terex Corporation, purchased 21 shares of common stock on April 7, 2026.
- The purchase was made through the company's Deferred Compensation Plan via payroll deductions.
- The acquisition price per share was $58.88.
- Following this transaction, Kong-Picarello beneficially owns 87,614 shares of common stock.
- This total includes previously reported restricted stock units.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive filing due to an insider purchase, indicating some level of executive confidence, but it does not provide new financial performance data.
Positives
- Insider purchase of company stock by a key executive (CFO).
- Acquisition made through a company-sponsored plan, indicating participation in employee benefit programs.
Future Outlook
No specific forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that insider purchases, particularly by CFOs, can signal confidence in the company's financial health and future prospects within the industrial machinery sector.
Stakeholder Impact
- Shareholders may view this insider purchase positively, interpreting it as a sign of executive confidence in the company's value.
- Employees participating in the Deferred Compensation Plan are engaging with company-offered benefits.
Key Dates
| Date | Description |
|---|---|
| 04/07/2026 | Transaction date for the purchase of common stock. |
| 04/09/2026 | Date of signature for the filing. |
Keywords
Terex Corp, TEX, Form 4, Insider Trading, Stock Purchase, Deferred Compensation Plan, Jennifer Kong-Picarello, CFO
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