Terex (TEX) HR chief reports 54,826 shares, 43,818 RSUs in Form 3
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
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Key Figures
Total direct holdings: 54,826 shares
Restricted stock units: 43,818 RSUs
Time-based vesting 2026: 18,837 RSUs
+5 more
8 metrics
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
Key Terms
restricted stock units (RSUs), long-term incentive plans, return on invested capital (ROIC), total shareholder return (TSR), +1 more
5 terms
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.
contingent right financial
"Each RSU represents a contingent right to receive 1 share of Issuer's common stock."
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.