Form 4: Terex Corp Executive Joshua Gross Sells Shares

Terex Corp executive Joshua Gross reports selling shares of common stock and withholding shares for tax liability.

Summary

• On March 19, 2024, Joshua Gross, President Genie at Terex Corp, sold 4,945 shares of common stock at an average price of $59.13.
• The shares were sold at prices ranging from $59.10 to $59.16.
• Following the transaction, Mr. Gross beneficially owns 21,457 shares of Terex Corp.
• On March 20, 2024, 4 shares were withheld for payment of tax liability associated with the vesting of restricted stock awards.
• The price for the tax liability was $58.84.
• Following the transaction, Mr. Gross beneficially owns 21,453 shares of Terex Corp.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.

Industry Context

This filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. The sale itself doesn't necessarily indicate a negative outlook for the company, as executives may sell shares for various personal financial reasons.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily indicate a problem with the company.

Key Dates