Form 4: Terex Corp Executive Hegarty Sells 18,000 Shares
SEC Form 4 Filing
Kieran Hegarty, President of Materials Processing at Terex Corp, sold 18,000 shares of common stock on March 6, 2024, at a price of $56.80 per share.
Summary
- Kieran Hegarty, a Terex Corp officer, sold 18,000 shares of common stock on March 6, 2024.
- The sale price was $56.80 per share.
- Following the transaction, Hegarty directly owns 198,619 shares of Terex Corp.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The sale itself doesn't necessarily indicate a positive or negative outlook.
Industry Context
This is a routine disclosure of an insider transaction. Insider sales can sometimes be interpreted negatively by the market, but without further context, it's difficult to assess the impact.
Stakeholder Impact
- The sale of shares by an officer could have a minor impact on shareholder confidence, but is unlikely to be significant on its own.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of stock sale transaction |
| 03/08/2024 | Date of signature on the report |
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