Form 4: Terex Former VP CAO Sells Shares for Tax Obligations

Stephen Johnston, former VP CAO and Controller of Terex Corp, disposed of 1,886 shares of common stock to cover tax liabilities from vested restricted stock.

Summary

• Stephen Johnston, identified as the former VP CAO and Controller of Terex Corp (TEX), reported a transaction on March 15, 2026.
• The transaction involved the disposition of 1,886 shares of Terex common stock at a price of $59.41 per share.
• These shares were withheld to satisfy tax obligations arising from the scheduled vesting of previously granted restricted stock.
• Following this transaction, Stephen Johnston beneficially owns 17,682 shares of Terex common stock directly, which includes previously reported restricted stock units.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine administrative transaction related to executive compensation and tax obligations, rather than a discretionary sale or a reflection of company performance.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to tax withholdings for vested equity, are common occurrences in publicly traded companies and typically do not reflect a change in the company's operational or strategic direction.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in company fundamentals or management's view of the stock.

Key Dates

Keywords

Terex Corp, TEX, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock, Equity Compensation