Form 4: Terex Executive Sells Shares for Tax Obligations
Insider Transaction Report
Patrick S. Carroll, President of Environmental Solutions at Terex Corp, disposed of 32 shares of common stock to cover tax liabilities related to restricted stock vesting.
Summary
- Patrick S. Carroll, President of Environmental Solutions at Terex Corporation, reported a transaction involving company common stock.
- The transaction occurred on March 20, 2026, and involved the disposition of 32 shares of Common Stock, $0.01 par value.
- The shares were disposed of at a price of $58.73 per share.
- This disposition was for the payment of tax liability associated with the scheduled vesting of previously granted restricted stock.
- Following this transaction, Mr. Carroll beneficially owns 102,104 shares of Terex Corporation common stock.
- The reported ownership 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 routine tax-related transaction for executive compensation rather than a discretionary sale or purchase.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
NA
Management Comments
- NA
Industry Context
StockSavvy.ai notes that insider transactions, particularly those related to tax withholding on restricted stock vesting, are common and generally not indicative of a change in company fundamentals or management's long-term view. This is a routine compliance filing.
Comparison to Industry Standards
- NA
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
Legal Proceedings
- NA
Related Party Transactions
- NA
Stakeholder Impact
- NA
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 03/20/2026 | Date of earliest transaction (disposition of shares for tax withholding) |
| 03/24/2026 | Signature date of the reporting person's power of attorney |
Recommendation
holdThis Form 4 reports a routine disposition of a small number of shares by an executive to cover tax liabilities associated with restricted stock vesting. Such a transaction is a common and expected part of executive compensation and does not typically signal a change in the company's fundamentals or the executive's confidence. Therefore, it does not warrant a change in investment recommendation based solely on this filing.
Keywords
TEREX CORP, TEX, Form 4, Insider Transaction, Stock Transaction, Restricted Stock, Tax Withholding, Patrick S. Carroll
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