Form 4: Terex Executive Sells Shares for Tax Obligations

Terex Senior VP Scott Posner disposed of 26 common shares to cover tax liabilities from vested restricted stock.

Summary

• Scott Posner, Senior V.P., General Counsel, and Secretary of Terex Corporation (TEX), reported a transaction on March 20, 2026.
• The transaction involved the disposition of 26 shares of Terex Common Stock, $.01 par value, at a price of $58.73 per share.
• These shares were withheld to cover tax liabilities associated with the scheduled vesting of previously granted restricted stock.
• Following this transaction, Posner beneficially owns 84,418 shares, which includes previously reported restricted stock units and shares received as a dividend.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The transaction is a routine tax-related disposition of shares upon vesting of restricted stock, not indicative of a change in investment sentiment.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that routine insider transactions, such as share disposals for tax obligations upon restricted stock vesting, are common across industries and typically do not reflect a change in an executive's confidence in the company's future performance. These are often pre-scheduled events under Rule 10b5-1 plans.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, small-scale transaction for tax purposes, not a significant sale indicating lack of confidence.

Key Dates

Recommendation

This Form 4 reports a routine disposition of shares by an executive to cover tax liabilities upon the vesting of restricted stock. Such transactions are common and typically pre-scheduled, not signaling a change in the executive's outlook on the company or its fundamentals. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

Terex Corporation, TEX, Scott Posner, Form 4, Insider Transaction, Restricted Stock, Tax Withholding, Executive Compensation