Form 4: Terex Corp Executive Scott Posner Reports Stock Transaction
SEC Form 4 Filing
Scott Posner, Senior VP, Gen Counsel & Sec. of Terex Corp, reports disposition of shares to cover tax obligations related to vesting restricted stock.
Summary
- On March 20, 2025, Scott Posner, Senior VP, Gen Counsel & Sec. of Terex Corporation, disposed of 29 shares of common stock to cover tax liabilities.
- The transaction was executed at a price of $39.64 per share.
- Following the transaction, Posner beneficially owns 75,222 shares of Terex Corp common stock, which includes restricted stock units and shares received as a dividend.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction to cover tax obligations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/20/2025 | Date of stock transaction (disposal of shares). |
| 03/24/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Terex Corp, TEX, Scott Posner, Stock Transaction, Beneficial Ownership, Insider Trading
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