Form 4: Terex Executive Sells Shares for Tax Obligations

Kieran Hegarty, President of Materials Processing at Terex Corp, disposed of 33 shares of common stock to cover tax liabilities related to restricted stock vesting.

Summary

• Kieran Hegarty, President of Materials Processing at Terex Corp, reported a transaction involving the company's common stock.
• On March 20, 2026, 33 shares of Terex Common Stock were disposed of.
• The disposition was for the payment of tax liability associated with the scheduled vesting of previously granted restricted stock.
• The price per share for the disposed shares was $58.73.
• Following this transaction, Hegarty beneficially owns 178,971 shares of Common Stock.
• This total includes previously reported restricted stock units and shares received as a dividend.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a standard tax-related transaction for executive compensation rather than a discretionary sale or purchase that would indicate a change in sentiment.

Positives

• Vesting of previously granted restricted stock indicates continued executive retention and alignment of interests with shareholders.

Future Outlook

N/A

Industry Context

StockSavvy.ai notes that routine insider transactions like tax-related sales are common and generally do not signal significant changes in company fundamentals or broader industry trends. Such transactions are often pre-scheduled under Rule 10b5-1 plans.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a small, routine transaction related to executive compensation.
• Employees: No direct impact.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary sale of shares to cover tax obligations upon vesting of restricted stock. It does not indicate any change in the company's fundamentals or the executive's confidence in the company, thus a 'hold' recommendation is appropriate based solely on this filing.

Keywords

Terex, TEX, Form 4, insider transaction, stock sale, tax withholding, restricted stock, executive compensation