TEX.NYSETerex CORP

Form 4: Terex Corp: Former Chairman and CEO John L. Garrison Jr. Sells Shares

Sentiment:

SEC Form 4 Filing

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John L. Garrison Jr., former Chairman and CEO of Terex Corporation, sold a portion of his holdings in two transactions on March 20 and 21, 2024.

Summary

  • On March 20, 2024, John L. Garrison Jr., the former Chairman and CEO of Terex Corporation, sold 59,094 shares of common stock at an average price of $60.07 per share.
  • The shares were sold at prices ranging from $60.00 to $60.45.
  • Following this transaction, Mr. Garrison beneficially owned 380,834 shares, including shares received as a dividend.
  • On March 21, 2024, Mr. Garrison sold an additional 15,906 shares of common stock at an average price of $61.74 per share.
  • These shares were sold at prices ranging from $60.22 to $62.20.
  • After the second transaction, Mr. Garrison's beneficial ownership decreased to 364,928 shares.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting the sale of shares by a former executive. It doesn't inherently convey positive or negative sentiment, but the market may interpret insider sales in various ways.

Industry Context

This filing is a routine disclosure of insider transactions and provides transparency into the trading activities of company executives. It's important for investors to monitor such filings to understand the sentiment and actions of key personnel.

Key Dates

DateDescription
03/20/2024John L. Garrison Jr. sold 59,094 shares of Terex Corp common stock.
03/21/2024John L. Garrison Jr. sold 15,906 shares of Terex Corp common stock.
03/22/2024Date of signature for the Form 4 filing.

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