Form 4: Terex Corp VP CAO and Controller, Stephen Johnston, Reports Stock Transaction
SEC Form 4 Filing
Stephen Johnston, VP CAO and Controller of Terex Corp, reports the withholding of shares for tax liability related to vesting restricted stock awards.
Summary
- On March 20, 2024, Stephen Johnston, VP CAO and Controller of Terex Corp, reported a transaction involving common stock.
- Shares were withheld to cover the tax liability associated with the vesting of previously granted restricted stock awards.
- The transaction involved the disposition of shares at a price of $58.84.
- Following the transaction, Johnston beneficially owns 17,845 shares of Terex Corp common stock, including shares received as a dividend.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is related to internal compensation practices.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | Date of the stock transaction (withholding of shares for tax liability). |
| 03/22/2024 | Date of signature by power of attorney. |
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