Terex (TEX) SVP Namita Jindal adds shares through Employee Stock Purchase Plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TEREX CORP senior vice president Namita Jindal increased her direct holdings through the company’s employee stock purchase plan. On this Form 4, she acquired 187 shares of common stock at $59.00 per share via payroll deductions under the Employee Stock Purchase Plan.
After this transaction, Jindal directly owns 43,260 shares of Terex common stock, and this total includes previously reported restricted stock units. The filing reports no sales or option exercises, indicating a small, routine, compensation-related increase in her equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jindal Namita
Role
SVP CHIEF AI & DATA OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $ .01 par value | 187 | $59.00 | $11K |
Holdings After Transaction:
Common Stock, $ .01 par value — 43,260 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.
Key Figures
Shares acquired: 187 shares
Purchase price: $59.00 per share
Total direct holdings: 43,260 shares
+1 more
4 metrics
Shares acquired
187 shares
Common stock acquired on April 7, 2026
Purchase price
$59.00 per share
Price for Employee Stock Purchase Plan acquisition
Total direct holdings
43,260 shares
Shares directly owned after the transaction, including RSUs
Transaction type
Grant/award acquisition (Code A)
Non-derivative common stock entry on Form 4
Key Terms
Employee Stock Purchase Plan, restricted stock units, grant, award, or other acquisition, Common Stock, $ .01 par value
4 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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock, $ .01 par value financial
"security_title: Common Stock, $ .01 par value"
FAQ
What insider transaction did TEREX CORP (TEX) report for Namita Jindal?
TEREX CORP reported that SVP and Chief AI & Data Officer Namita Jindal acquired 187 shares of common stock. The shares were obtained at $59.00 each through payroll deductions under the company’s Employee Stock Purchase Plan, reflecting a routine, compensation-related purchase.
Was the TEREX CORP (TEX) insider transaction a purchase or a sale?
The insider transaction was an acquisition, not a sale. The Form 4 shows code “A” for a grant or award-type acquisition, where 187 shares were acquired through the Employee Stock Purchase Plan using payroll deductions at a price of $59.00 per share.
What does the footnote about TEREX CORP’s Employee Stock Purchase Plan mean?
The footnote explains that the 187 shares were purchased through payroll deductions in TEREX CORP’s Employee Stock Purchase Plan. This indicates the transaction is part of a structured employee benefit program, rather than a discretionary open-market trade by the executive.
Does the TEREX CORP (TEX) filing mention stock options or derivatives for Namita Jindal?
The filing’s derivative section is empty, indicating no option or other derivative transactions were reported for this event. The total 43,260 shares shown after the transaction reflect common stock holdings, including previously reported restricted stock units, without additional derivative details.