Terex Corp (TEX) CFO acquires 20 shares via compensation plan award
Rhea-AI Filing Summary
TEREX CORP Senior Vice President and CFO Jennifer Kong-Picarello reported an acquisition of 20 shares of common stock on July 10, 2026, coded as a grant, award, or other acquisition at $66.57 per share. A footnote explains these shares were purchased through payroll deductions under the company’s Deferred Compensation Plan. Following this transaction, she directly owns 87,797 shares of common stock, which total includes previously reported restricted stock units and shares received as dividends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KONG-PICARELLO JENNIFER
Role
Senior Vice President, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $ .01 par value | 20 | $66.57 | $1K |
Holdings After Transaction:
Common Stock, $ .01 par value — 87,797 shares (Direct)
Footnotes (1)
- Represents shares purchased through payroll deductions through the Company's Deferred Compensation Plan. Total includes previously reported restricted stock units. Ownership includes shares received as a dividend.
Key Figures
Shares acquired: 20 shares
Transaction price: $66.57 per share
Total direct holdings after transaction: 87,797 shares
3 metrics
Shares acquired
20 shares
Grant, award, or other acquisition on July 10, 2026
Transaction price
$66.57 per share
Price for the 20 shares acquired as reported in the Form 4
Total direct holdings after transaction
87,797 shares
Direct ownership following the July 10, 2026 acquisition
Key Terms
Deferred Compensation Plan, restricted stock units, dividend
3 terms
Deferred Compensation Plan financial
"Represents shares purchased through payroll deductions through the Company's Deferred Compensation Plan."
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did TEREX CORP (TEX) report for CFO Jennifer Kong-Picarello?
TEREX CORP reported that CFO Jennifer Kong-Picarello acquired 20 shares of common stock on July 10, 2026. The acquisition was coded as a grant or award and executed at $66.57 per share through payroll deductions under a Deferred Compensation Plan.
Was the TEREX CORP (TEX) CFO transaction an open-market purchase or a grant?
The transaction was reported with code A, described as a grant, award, or other acquisition, not an open-market purchase or sale. Footnotes clarify the shares were purchased using payroll deductions in a Deferred Compensation Plan.