Form 4: Terex Corp Executive Julie A. Beck Reports Stock Transaction
SEC Form 4 Filing
Julie A. Beck, Senior Vice President and CFO of Terex Corp, reports a transaction involving the withholding of shares for tax liability related to vesting restricted stock.
Summary
- On March 21, 2024, Julie A. Beck, Senior Vice President and CFO of Terex Corporation, reported a transaction on Form 4.
- The transaction involved the withholding of 9 common stock shares at a price of $58.84 to cover tax liabilities associated with the vesting of previously granted restricted stock awards.
- Following the transaction, Beck directly owns 93,568 shares of Terex Corp.
- The report was signed by Scott J. Posner under power of attorney on March 22, 2024.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing, indicating standard corporate governance practices. The sentiment is neutral as it reflects a normal course of business.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of stock transaction |
| 03/22/2024 | Date of Form 4 signature |
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