Form 4: Terex Corp Executive Jennifer Kong-Picarello Reports Acquisition of Common Stock

Jennifer Kong-Picarello, Senior Vice President and CFO of Terex Corp, reports acquiring 1,560 shares of common stock through the company's Deferred Compensation Plan.

Summary

• On May 2, 2025, Jennifer Kong-Picarello, Senior Vice President and CFO of Terex Corp, acquired 1,560 shares of Terex Corp common stock at a price of $39.32 per share.
• The shares were purchased through payroll deductions via the company's Deferred Compensation Plan.
• Following the transaction, Ms. Kong-Picarello beneficially owns a total of 64,700 shares of Terex Corp common stock, which includes previously reported restricted stock units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The purchase of shares by an executive is generally seen as a positive sign, indicating confidence in the company's prospects. However, the transaction is relatively small and part of a routine compensation plan, limiting the impact on overall sentiment.

Positives

• Executive's participation in the Deferred Compensation Plan demonstrates confidence in the company's future.

Industry Context

Executive stock purchases are generally viewed positively by the market as they align management's interests with those of shareholders.

Comparison to Industry Standards

• Executive compensation packages often include deferred compensation plans and stock options to incentivize performance and retain key personnel.
• Monitoring executive stock transactions is a common practice among investors to gauge management's sentiment towards the company's prospects.
• Comparing the size and frequency of executive stock purchases with those of peers in the construction and industrial equipment industry can provide insights into relative valuation and growth expectations.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it signals confidence from a key executive.
• Employees participating in the Deferred Compensation Plan benefit from the opportunity to invest in the company's stock.

Key Dates

Keywords

Terex Corp, Jennifer Kong-Picarello, Form 4, Beneficial Ownership, Common Stock, Deferred Compensation Plan, Executive Compensation, TEX