Form 4: Terex Corp Executive Hegarty Kieran Reports Stock Transaction
SEC Form 4 Filing
Kieran Hegarty, a Terex Corp executive, reports a transaction involving the withholding of shares for tax liability related to vesting restricted stock awards.
Summary
- On March 20, 2025, Kieran Hegarty, President of Materials Processing at Terex Corp, reported a transaction.
- 57 shares of common stock were withheld to cover the tax liability associated with the vesting of previously granted restricted stock awards at a price of $39.64.
- Following the transaction, Hegarty beneficially owns 191,686 shares, which includes previously reported restricted stock units and shares received as a dividend.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard process of withholding shares to cover tax obligations upon the vesting of restricted stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves the standard withholding of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/20/2025 | Date of stock transaction (withholding of shares for tax liability). |
| 03/24/2025 | Date of signature for the report. |
Keywords
Terex Corp, Hegarty Kieran, Stock Transaction, Form 4, Beneficial Ownership, Restricted Stock, Tax Liability
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