Terex (NYSE: TEX) director emeritus granted 1,128 shares as fee
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CHOLMONDELEY PAULA H reported acquisition or exercise transactions in this Form 4 filing.
TEREX CORP director emeritus Paula H. Cholmondeley received a grant of 1,128 shares of common stock on June 26, 2026 under one of the company’s long-term incentive plans as partial payment of her annual director emeritus fee. Following this award, she directly holds 34,060 common shares, which also include shares previously received as dividends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CHOLMONDELEY PAULA H
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $.01 | 1,128 | $71.81 | $81K |
Holdings After Transaction:
Common Stock, par value $.01 — 34,060 shares (Direct, null)
Footnotes (1)
- Shares granted pursuant to one of the Company's long-term incentive plans representing partial payment of annual director emeritus fee. Ownership includes shares received as a dividend.
Key Figures
Shares granted: 1,128 shares
Grant price: $71.81 per share
Total shares after grant: 34,060 shares
3 metrics
Shares granted
1,128 shares
Common Stock grant on June 26, 2026
Grant price
$71.81 per share
Value used for the stock award
Total shares after grant
34,060 shares
Direct holdings following the transaction
Key Terms
long-term incentive plans, director emeritus fee, Common Stock, par value $.01
3 terms
long-term incentive plans financial
"Shares granted pursuant to one of the Company's long-term incentive plans representing partial payment"
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.
director emeritus fee financial
"representing partial payment of annual director emeritus fee"
Common Stock, par value $.01 financial
"security_title: Common Stock, par value $.01"
FAQ
What insider transaction did TEREX CORP (TEX) report for Paula H. Cholmondeley?
TEREX CORP reported that director emeritus Paula H. Cholmondeley received 1,128 common shares on June 26, 2026. The shares were granted as part of her annual director emeritus fee under one of the company’s long-term incentive plans, rather than purchased on the open market.
What is the purpose of the TEREX CORP (TEX) stock grant to the director emeritus?
The stock grant represents partial payment of Paula H. Cholmondeley’s annual director emeritus fee. Instead of receiving her entire fee in cash, a portion is paid in TEREX CORP common shares through one of the company’s long-term incentive plans, aligning compensation with equity.