Terex Corp (TEX) SVP adds 261 shares through Employee Stock Purchase Plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Terex Corp executive Namita Jindal, SVP Chief Digital & AI Officer, acquired 261 shares of common stock on July 10, 2026. The shares were purchased at $67.92 per share through payroll deductions under the company’s Employee Stock Purchase Plan.
After this transaction, Jindal directly holds 43,595 shares of Terex common stock. This total includes previously reported restricted stock units and shares received as a dividend, as noted in the footnotes.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jindal Namita
Role
SVP CHIEF DIGITAL & AI OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $ .01 par value | 261 | $67.92 | $18K |
Holdings After Transaction:
Common Stock, $ .01 par value — 43,595 shares (Direct)
Footnotes (1)
- Represents shares purchased through payroll deductions through the Company's Employee Stock Purchase Plan. Total includes previously reported restricted stock units. Ownership includes shares received as a dividend.
Key Figures
Shares acquired: 261 shares
Purchase price per share: $67.92
Total shares after transaction: 43,595 shares
+1 more
4 metrics
Shares acquired
261 shares
Common stock acquired on July 10, 2026 via Employee Stock Purchase Plan
Purchase price per share
$67.92
Price per share for the 261 shares acquired under the plan
Total shares after transaction
43,595 shares
Direct holdings of Namita Jindal after the July 10, 2026 acquisition
Par value
$0.01
Par value of Terex Corp common stock reported in the security title
Key Terms
Employee Stock Purchase Plan, restricted stock units, dividend
3 terms
Employee Stock Purchase Plan financial
"Represents shares purchased through payroll deductions through the Company's Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
restricted stock units financial
"Total includes previously reported restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend financial
"Ownership includes shares received as a dividend."
A dividend is a payment that a company gives to its shareholders, usually from its profits. It’s like a bonus or reward for owning the company's stock, and it can provide a steady income stream for investors. Companies pay dividends to share their success with the people who own their stock.
FAQ
What insider transaction did Terex Corp (TEX) report for Namita Jindal?
Terex Corp reported that Namita Jindal, SVP Chief Digital & AI Officer, acquired 261 shares of common stock on July 10, 2026. The acquisition occurred through the company’s Employee Stock Purchase Plan.
Was the Terex Corp (TEX) insider transaction an open-market purchase or a plan acquisition?
The transaction was a plan acquisition, not an open-market trade. The 261 shares were purchased through payroll deductions under Terex’s Employee Stock Purchase Plan.
What does the Form 4 say about restricted stock units for Terex Corp (TEX) executive Namita Jindal?
The filing states that Jindal’s total holdings of 43,595 shares include previously reported restricted stock units. These RSUs form part of her overall equity position in Terex.