Form 4: Terex Director Sandra O'Connor Acquires Shares as Part of Long-Term Incentive Plan

Director Sandra O'Connor acquired 3,945 shares of Terex Corporation common stock at $60.83 per share as part of the company's long-term incentive plan.

Summary

• On May 24, 2024, Sandra O'Connor, a director of Terex Corporation, acquired 3,945 shares of common stock at a price of $60.83 per share.
• The acquisition was part of Terex Corporation's long-term incentive plan, representing payment of the annual director retainer.
• Following the transaction, O'Connor's total beneficial ownership of Terex common stock is 36,566 shares, which includes shares received as a dividend.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects a director's participation in a long-term incentive plan, indicating confidence in the company. There are no explicit negative indicators.

Positives

• The acquisition of shares by a director demonstrates confidence in the company's future.
• The long-term incentive plan aligns director interests with shareholder value.

Industry Context

Director stock acquisitions are common and often tied to compensation plans, aligning management interests with shareholder value. This transaction is a routine part of director compensation at Terex.

Comparison to Industry Standards

• Director compensation packages, including stock grants, are standard practice across publicly traded companies.
• Companies like Caterpillar and Deere & Company also utilize long-term incentive plans that include stock options and grants for their directors and executives.

Stakeholder Impact

• The stock acquisition by a director can positively influence shareholder sentiment.
• The long-term incentive plan aligns director interests with shareholder value.

Key Dates