Form 4: Terex Corp Executive Stephen Johnston Reports Stock Transaction

Stephen Johnston, VP, CAO, and Controller of Terex Corp, reports the withholding of shares for tax liability related to vesting restricted stock.

Summary

• On March 20, 2025, Stephen Johnston, VP, CAO, and Controller of Terex Corp, had 8 common stock shares withheld at a price of $39.64.
• This was for payment of tax liability associated with the vesting of previously granted restricted stock awards.
• Following the transaction, Johnston beneficially owns 19,494 shares of Terex Corp common stock, which includes previously reported restricted stock units and shares received as a dividend.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing reflecting a routine 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 that a company executive has had shares withheld to cover tax obligations related to vesting restricted stock, which is a common practice.

Comparison to Industry Standards

• Form 4 filings are standard practice across all publicly traded companies in the US, as mandated by the SEC.
• The information provided in this filing is consistent with what is expected for insider transactions related to equity compensation.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of an executive's stock holdings for tax purposes.
• It provides transparency to shareholders regarding insider transactions.

Key Dates

Keywords

Form 4, Terex Corp, Stephen Johnston, Stock Transaction, Beneficial Ownership, Restricted Stock, Tax Liability