TEX.NYSETerex CORP

Form 4: Terex Corp Executive Scott Posner Reports Sale of Shares

Sentiment:

SEC Form 4


Scott Posner, Senior VP and General Counsel of Terex Corporation, reported the sale of 12,500 shares of common stock on May 24, 2024.

Summary

  • On May 24, 2024, Scott Posner, Senior VP and General Counsel of Terex Corporation, sold 12,500 shares of Terex common stock at an average price of $60.48 per share.
  • The sale was executed at prices ranging from $60.44 to $60.60.
  • Posner also gifted 1,000 shares of Terex common stock on the same day.
  • Following these transactions, Posner beneficially owns 57,224 shares of Terex common stock.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the trading activities of insiders.

Stakeholder Impact

  • The sale of shares by an executive could be perceived negatively by some shareholders, although it is a common occurrence.
  • The impact is likely minimal unless it signals a broader trend of insider selling.

Key Dates

DateDescription
05/24/2024Date of stock sale and gift transaction
05/28/2024Date of signature on the Form 4 filing

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.