Form 4: Terex HR VP Reports Routine Stock Transactions

Terex Corporation's Senior V.P. of Human Resources, Amy George, reported the acquisition of restricted stock units and the disposition of shares for tax purposes.

Summary

• Amy George, Senior V.P. Human Resources of Terex Corporation (TEX), reported transactions on March 15, 2026.
• 3,385 shares of Common Stock were disposed of at a price of $59.41 per share, withheld for payment of tax liability associated with the vesting of previously granted restricted stock.
• 7,574 restricted stock units (RSUs) were acquired at a price of $0, issued pursuant to one of the Issuer's long-term incentive plans.
• Each RSU represents a contingent right to receive one share of the Issuer's common stock.
• Following these transactions, Amy George beneficially owns 105,917 shares of Common Stock directly, which includes previously reported restricted stock units.
• An additional 14 shares are indirectly owned through a 401(k) plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing routine executive compensation and tax-related transactions that are standard practice and do not indicate significant operational or financial changes for the company.

Positives

• The grant of 7,574 restricted stock units (RSUs) represents future equity compensation for the Senior V.P. Human Resources, aligning her interests with shareholder value creation.

Negatives

• The disposition of 3,385 shares was for tax withholding purposes, a routine event associated with equity compensation vesting, and not a discretionary sale.

Future Outlook

The acquired restricted stock units will vest in three equal annual installments on March 15, 2027, March 15, 2028, and March 15, 2029, contingent upon continued employment.

Industry Context

StockSavvy.ai notes that the reported transactions are typical for executive compensation packages, involving the grant of restricted stock units as a long-term incentive and the routine withholding of shares to cover tax obligations upon the vesting of prior awards. This aligns with common practices in publicly traded companies to incentivize and retain key management personnel.

Stakeholder Impact

• Shareholders: The grant of RSUs aligns the interests of the Senior V.P. Human Resources with shareholders by tying a portion of her compensation to the company's stock performance.
• Employees: The compensation structure for a senior executive may influence broader compensation strategies within the company.

Next Steps

• Vesting of 1/3 of the restricted stock units on March 15, 2027.
• Vesting of 1/3 of the restricted stock units on March 15, 2028.
• Vesting of 1/3 of the restricted stock units on March 15, 2029.

Key Dates

Keywords

Terex, TEX, Form 4, Insider Trading, Restricted Stock Units, Executive Compensation, Amy George, Equity Compensation