TEX (NYSE: TEX) Rule 144: vested restricted shares reported for resale

Rhea-AI Filing Summary

Filer submitted a Rule 144 notice for proposed sales of Common stock on the NYSE. The cover shows a broker-dealer Fidelity Brokerage Services LLC and lists transaction-related dates 03/15/2026 and 03/19/2026 tied to restricted stock vesting events and a filing/receipt date of 05/04/2026. The entries reference compensation-related restricted stock vesting as the source of the shares being reported for resale.

Insights

Corporate Governance Specialist

Rule 144 notice records vesting-related resale intent, not completed market sales.

Rule 144 filings notify the market of an intent to resell restricted or control securities once conditions are met. The excerpt lists restricted stock vesting events on 03/15/2026 and 03/19/2026, indicating the reported shares originate from compensation awards.

Timing and exact sale mechanics are not provided here; subsequent transaction filings or broker reports would show executed sales if they occur.

Key Figures

Broker-dealer address numeric: 900 Salem Street Broker code / item: 5875 Numeric string: 361448.88 +3 more

6 metrics

Broker-dealer address numeric 900 Salem Street Fidelity Brokerage Services LLC address

Broker code / item 5875 Numeric string appearing on the cover lines

Numeric string 361448.88 Numeric value shown on the cover page lines

Large numeric string 114200000 Numeric value shown on the cover page lines

Filing/receipt date 05/04/2026 Date shown on the cover page

Vesting dates 03/15/2026 and 03/19/2026 Restricted stock vesting events listed as source of shares

Key Terms

Rule 144, restricted stock vesting, broker-dealer

3 terms

Rule 144 regulatory

"Rule 144 notice for proposed sales of Common stock"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

restricted stock vesting financial

"Restricted Stock Vesting listed as source on 03/15/2026"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

broker-dealer financial

"Fidelity Brokerage Services LLC named on the cover"

A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	5875	361448.88	114200000	05/04/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/15/2026	Restricted Stock Vesting	Issuer			5861	03/15/2026	Compensation
Common	03/19/2026	Restricted Stock Vesting	Issuer			14	03/19/2026	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Rule 144 filing for TEX mean?

This filing notifies the market of an intended resale of restricted common shares. It lists vesting events on 03/15/2026 and 03/19/2026 as the source of the shares and a filing-related date of 05/04/2026.

Did TEX report completed sales in this Form 144?

No. The notice records proposed resale under Rule 144 tied to restricted stock vesting; it does not confirm executed open-market sales. Execution details would appear in later transaction reports.

Who is the broker-dealer listed on the filing for TEX?

The filing lists Fidelity Brokerage Services LLC at the Smithfield, RI address. That broker-dealer is named on the cover as the intermediary associated with the notice.

Are the exact share counts disclosed in the excerpt for TEX?

The excerpt contains numeric strings (for example 5875 and 5861) but does not present a clearly labeled aggregate "shares offered" total in the visible lines. The filing lists dates and vesting as the source.

Does this Form 144 change insider ownership immediately for TEX?

No. The filing indicates the right to sell vested restricted shares under Rule 144; ownership changes only when those shares are actually sold, which this notice does not document.