Terex Corp (TEX) VP CAO Joseph LaDue reports 18,176 shares and RSUs
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Terex Corp executive Joseph LaDue filed an initial ownership report showing direct holdings of 18,176 shares of common stock. This total includes 14,585 restricted stock units, each convertible into one share. These RSUs are scheduled to vest in tranches on December 31, 2026, 2027, and 2028, contingent on continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LaDue Joseph
Role
VP CAO AND CONTROLLER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock, $ .01 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $ .01 par value — 18,176 shares (Direct)
Footnotes (1)
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FAQ
What does Joseph LaDue’s Form 3 filing show for TEX?
The Form 3 shows Joseph LaDue directly holds 18,176 shares of Terex common stock. This amount includes 14,585 restricted stock units that may convert into shares if specific future vesting and employment conditions are satisfied.
How many restricted stock units does Joseph LaDue hold in TEREX CORP (TEX)?
Joseph LaDue holds 14,585 restricted stock units (RSUs) in Terex Corp. Each RSU represents a contingent right to receive one share of common stock if future vesting dates are met and employment with the company continues through those dates.
When will Joseph LaDue’s TEX restricted stock units vest?
LaDue’s RSUs vest in three tranches: 7,893 on December 31, 2026, 5,501 on December 31, 2027, and 1,191 on December 31, 2028. Vesting depends on his continued employment with Terex Corp on each specified date.
What type of security is reported in Joseph LaDue’s TEX Form 3?
The filing reports holdings of Terex Corp common stock, $0.01 par value. It also clarifies that part of the reported amount consists of restricted stock units, which are contingent rights to receive common shares upon vesting and continued employment.