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Terex (TEX) HR chief reports 54,826 shares, 43,818 RSUs in Form 3

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Terex Corp reported the initial holdings of SVP and Chief HR Officer John Lee Dreasher. He holds a total of 54,826 shares of common stock directly.

The holdings include 43,818 restricted stock units (RSUs) granted under long-term incentive plans. These RSUs vest in multiple tranches through late 2029, some based on continued employment and others on company performance targets for return on invested capital and total shareholder return for 2026–2028.

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Insider Dreasher John Lee
Role SVP CHIEF HR OFFICER
Type Security Shares Price Value
holding Common Stock, $ .01 par value -- -- --
Holdings After Transaction: Common Stock, $ .01 par value — 54,826 shares (Direct)
Footnotes (1)
  1. [object Object]
Total direct holdings 54,826 shares Common stock following reported holdings
Restricted stock units 43,818 RSUs RSUs included within reported holdings
Time-based vesting 2026 18,837 RSUs Scheduled to vest on 12/31/2026
Time-based vesting 2027 11,869 RSUs Scheduled to vest on 12/31/2027
Time-based vesting 2028 2,003 RSUs Scheduled to vest on 12/31/2028
Annual March vesting tranches 1,296 RSUs each Vest on 3/15/2027, 3/15/2028, 3/15/2029
ROIC performance RSUs 3,611 RSUs May vest in Q1 2029 based on 2026–2028 ROIC
TSR performance RSUs 3,611 RSUs May vest in Q1 2029 based on 3-year TSR rank
restricted stock units (RSUs) financial
"The shares include 43,818 restricted stock units (RSUs) issued by Issuer pursuant to long-term incentive plans."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
long-term incentive plans financial
"The shares include 43,818 restricted stock units (RSUs) issued by Issuer pursuant to long-term incentive plans."
Long-term incentive plans are multi-year pay programs that reward executives and key employees with stock, options, or cash bonuses when the company hits future performance goals. Think of it like paying someone with a portion of the business or future bonuses to keep them focused on growing the company over several years. Investors watch these plans because they influence executive decisions, potential share dilution, and whether management’s goals line up with long-term shareholder value.
return on invested capital (ROIC) financial
"if the Company achieves a targeted return on invested capital (ROIC) in each of 2026, 2027 and 2028"
Return on invested capital (ROIC) measures how much profit a company generates from the money put into its business, including debt and equity. Think of it like the harvest you get from seeds you planted: higher ROIC means the company uses its resources more efficiently to grow earnings. Investors care because ROIC shows whether a business is creating value above its cost of financing and helps compare operational effectiveness across companies.
total shareholder return (TSR) financial
"if the Company achieves a targeted percentile rank against a peer group of companies for 3 year annualized total shareholder return (TSR)"
Total shareholder return (TSR) measures how much an investment in a company's stock has grown over a specific period by combining the change in the share price and all dividends paid, expressed as a percentage. Think of it like tracking the total balance of a savings jar that increases both from added cash (dividends) and a rising sticker price on the jar (share price); investors use TSR to compare how well different stocks or managers deliver real, money-in-hand returns.
contingent right financial
"Each RSU represents a contingent right to receive 1 share of Issuer's common stock."
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Dreasher John Lee

(Last)(First)(Middle)
C/O TEREX CORPORATION
301 MERRITT 7, 4TH FLR.

(Street)
NORWALK CONNECTICUT 06851

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
04/01/2026
3. Issuer Name and Ticker or Trading Symbol
TEREX CORP [ TEX ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP CHIEF HR OFFICER
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $ .01 par value54,826(1)D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The shares include 43,818 restricted stock units (RSUs) issued by Issuer pursuant to long-term incentive plans. Each RSU represents a contingent right to receive 1 share of Issuer's common stock. 18,837 RSUs will vest 12/31/2026, 11,869 RSUs will vest 12/31/2027, 2,003 RSUs will vest 12/31/2028, and 1,296 RSUs will vest on each of 3/15/2027, 3/15/2028 and 3/15/2029, subject to the Reporting Person's continued employment with Issuer on such dates. 3,611 RSUs will vest in the 1st quarter of 2029 if the Company achieves a targeted return on invested capital (ROIC) in each of 2026, 2027 and 2028, subject to adjustment, up or down, based upon attainment above or below the targeted ROIC. 3,611 RSUs will vest in the 1st quarter of 2029 if the Company achieves a targeted percentile rank against a peer group of companies for 3 year annualized total shareholder return (TSR) for the period 1/1/2026 - 12/31/2028, subject to adjustment, up or down, based upon attainment above or below the target.
Remarks:
EXHIBIT LIST: Exhibit 24 - Power of Attorney
/s/Scott J. Posner, power of attorney04/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Terex (TEX) Form 3 filing for John Lee Dreasher show?

The Form 3 shows John Lee Dreasher, SVP and Chief HR Officer, directly holds 54,826 Terex common shares. This includes a large component of restricted stock units that vest over several years under the company’s long-term incentive plans.

How many Terex (TEX) restricted stock units does John Lee Dreasher hold?

John Lee Dreasher holds 43,818 restricted stock units (RSUs) in Terex. Each RSU represents a contingent right to receive one share of common stock, subject to time-based vesting and, for some awards, future company performance conditions.

When do John Lee Dreasher’s Terex (TEX) RSUs vest?

His RSUs vest on several dates: 12/31/2026, 12/31/2027, 12/31/2028, and on 3/15 in 2027, 2028 and 2029. Additional performance-based RSUs may vest in the first quarter of 2029 if specified financial and shareholder return goals are achieved.

Are any of John Lee Dreasher’s Terex (TEX) RSUs performance-based?

Yes. Two tranches of 3,611 RSUs each can vest in the first quarter of 2029 if Terex meets targeted return on invested capital and relative total shareholder return levels for 2026–2028, with amounts adjustable based on performance against those targets.

Does the Terex (TEX) Form 3 indicate recent insider buying or selling?

The Form 3 is an initial ownership report and does not show explicit recent buying or selling transactions. It primarily discloses John Lee Dreasher’s existing direct holdings and the structure and timing of his outstanding restricted stock unit awards.