Form 4: Terex Corp Executive Hegarty Reports Stock Transaction
SEC Form 4 Filing
Kieran Hegarty, a Terex Corp officer, reported the withholding of shares for tax liability related to vesting restricted stock.
Summary
- On March 20, 2024, Kieran Hegarty, President of Materials Processing at Terex Corp, reported a transaction involving common stock.
- Nine shares were withheld for payment of tax liability associated with the vesting of previously granted restricted stock awards at a price of $58.84.
- Following the transaction, Hegarty beneficially owns 217,219 shares of Terex Corp common stock, which includes shares received as a dividend.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting insider transactions and are closely monitored by investors for insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | Date of stock transaction (withholding of shares for tax liability). |
| 03/22/2024 | Date of signature for the report. |
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