Form 4: Terex Corp Executive Hegarty Sells $1 Million in Company Stock
SEC Form 4
Kieran Hegarty, President of Materials Processing at Terex Corp, sold 17,190 shares of company stock at a price of $58.26 per share on May 3, 2024.
Summary
- On May 3, 2024, Kieran Hegarty, President of Materials Processing at Terex Corp, sold 17,190 shares of Terex Corp (TEX) common stock.
- The sale was executed at a price of $58.26 per share.
- Following the transaction, Hegarty directly owns 200,029 shares of Terex Corp.
- The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider stock sale, with no inherent positive or negative sentiment.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects; however, without additional context, it's difficult to determine the motivation behind this sale.
Stakeholder Impact
- The stock sale could potentially influence shareholder sentiment, depending on how the market interprets the transaction.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of stock sale transaction |
| 05/07/2024 | Date of signature on the Form 4 filing |
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