Terex (NYSE: TEX) president sells 5,874 shares at $61.53
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Terex Corporation President - Aerials Joshua Gross reported an open-market sale of company stock. On May 4, 2026, he sold 5,874 shares of Terex common stock at $61.53 per share. Following this transaction, he directly holds 48,706 shares, and a footnote states this total includes previously reported restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,874 shares ($361,427)
Net Sell
1 txn
Insider
Gross Joshua
Role
President - Aerials
Sold
5,874 shs ($361K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $ .01 par value | 5,874 | $61.53 | $361K |
Holdings After Transaction:
Common Stock, $ .01 par value — 48,706 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 5,874 shares
Sale price per share: $61.53 per share
Shares held after transaction: 48,706 shares
3 metrics
Shares sold
5,874 shares
Open-market sale on May 4, 2026
Sale price per share
$61.53 per share
Terex common stock, Form 4
Shares held after transaction
48,706 shares
Direct ownership after May 4, 2026 sale
Key Terms
open-market sale, restricted stock units, Common Stock, $ .01 par value
3 terms
open-market sale financial
"The filing characterizes the transaction as an open-market sale of common stock."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
restricted stock units financial
"A footnote states the 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.
Common Stock, $ .01 par value financial
"The security involved is described as Common Stock, $ .01 par value."
FAQ
What insider transaction did Terex (TEX) report for Joshua Gross?
Terex reported that Joshua Gross, President - Aerials, sold 5,874 shares of common stock. The open-market sale occurred on May 4, 2026, and was disclosed in a Form 4 insider trading report filed with the SEC.
What role does Joshua Gross hold at Terex (TEX)?
Joshua Gross serves as Terex Corporation’s President - Aerials. His position as an officer makes his trades subject to SEC reporting rules, so his May 4, 2026 stock sale required disclosure on Form 4.
What type of transaction did Joshua Gross execute in Terex (TEX) stock?
The filing describes Joshua Gross’s trade as an open-market sale of common stock. The Form 4 labels the transaction with code “S,” indicating a sale in the open market or a private transaction.