Terex (TEX) CFO reports minor tax-withholding share disposition on Form 4

Rhea-AI Filing Summary

Terex Corp Senior Vice President and CFO Jennifer Kong-Picarello reported a small tax-related share disposition. On the reported date, 6 shares of common stock were withheld to cover tax liabilities tied to the scheduled vesting of previously granted restricted stock. After this routine withholding, she directly owns 87,593 shares, a total that includes previously reported restricted stock units and shares received as dividends.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

KONG-PICARELLO JENNIFER

(Last) (First) (Middle)

C/O TEREX CORPORATION

301 MERRITT 7

(Street)

NORWALK CONNECTICUT 06851

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TEREX CORP [ TEX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior Vice President, CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $ .01 par value	03/20/2026		F		6(1)	D	$58.73	87,593(2)(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares are being withheld for payment of the tax liability associated with the scheduled vesting of previously granted restricted stock.

2. Total includes previously reported restricted stock units.

3. Ownership includes shares received as a dividend.

Remarks:

	/s/ Scott J. Posner by power of attorney	03/24/2026
	** Signature of Reporting Person	Date
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 4 (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 4: SEC 1474 (03-26)

FAQ

What insider transaction did Terex (TEX) report for CFO Jennifer Kong-Picarello?

Terex reported a small tax-related transaction for CFO Jennifer Kong-Picarello. Six shares of common stock were withheld to satisfy tax liabilities from vesting restricted stock, a routine non-market disposition rather than an open-market sale.

Was the Terex (TEX) CFO’s Form 4 transaction an open-market sale of shares?

No, the transaction was not an open-market sale. The six shares were withheld by the company to pay tax liabilities associated with scheduled vesting of previously granted restricted stock, a common administrative step in equity compensation.

How many Terex (TEX) shares does the CFO hold after this Form 4 transaction?

After the tax-withholding disposition, CFO Jennifer Kong-Picarello directly holds 87,593 Terex shares. This total includes previously reported restricted stock units as well as shares received as dividends, reflecting her full direct equity position after the event.

What was the price used for the Terex (TEX) CFO’s tax-withholding shares?

The six withheld shares were valued at $58.73 per share for tax purposes. This per-share value is used to calculate the tax liability satisfied through share withholding tied to the restricted stock vesting event.

Why were Terex (TEX) shares withheld from the CFO instead of paying cash taxes?

Shares were withheld to cover tax liabilities from vesting restricted stock, as allowed in many equity plans. Instead of paying taxes in cash, a small number of shares are retained by the issuer to satisfy the obligation efficiently.