Terex (TEX) VP and CAO Joseph LaDue granted time- and performance-based RSUs

Rhea-AI Filing Summary

LaDue Joseph reported acquisition or exercise transactions in this Form 4 filing.

Terex Corp VP, CAO and Controller Joseph LaDue received stock-based compensation awards. On March 15, 2026, he was granted 1,755 restricted stock units (RSUs) that vest in three equal installments on March 15 of 2027, 2028, and 2029, contingent on continued employment. He was also granted 585 performance-based RSUs that may vest in the first quarter of 2029 if Terex achieves a targeted return on invested capital in each of 2026, 2027, and 2028, with the final number of units adjustable based on performance. Following these awards, he directly holds 20,516 shares and RSUs.

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

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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^*

LaDue Joseph

(Last) (First) (Middle)

C/O TEREX CORPORATION

301 MERRITT 7

(Street)

NORWALK CT 06851

(City) (State) (Zip)

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)
	VP CAO AND CONTROLLER

3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026

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

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

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

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	03/15/2026		A		1,755(1)	A	$0	19,931(2)	D
Common Stock, $ .01 par value	03/15/2026		A		585(3)	A	$0	20,516(2)	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. The shares represent 1,755 restricted stock units ("RSUs") issued by Issuer pursuant to one of its long-term incentive plans. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs will vest as follows: 1/3 on March 15, 2027; 1/3 on March 15, 2028; and 1/3 on March 15, 2029, subject to the Reporting Person's continued employment with the Issuer on each such vesting date.

2. Total includes previously reported restricted stock units.

3. The shares represent 585 restricted stock units ("RSUs") issued by Issuer pursuant to one of its long-term incentive plans. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs will vest in the first quarter of 2029 if the Company achieves a targeted return on invested capital ("ROIC") in each of 2026, 2027 and 2028. The number of RSUs in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted ROIC.

Remarks:

	/s/Scott J. Posner, power of attorney	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What stock awards did Terex (TEX) executive Joseph LaDue receive?

Joseph LaDue received two grants: 1,755 restricted stock units and 585 performance-based RSUs. Both were issued as stock-based compensation under Terex long-term incentive plans with multi-year vesting conditions tied to service and, for one grant, financial performance.

When do Joseph LaDue’s new Terex (TEX) RSUs vest?

The 1,755 RSUs vest in three equal parts on March 15, 2027, March 15, 2028, and March 15, 2029. The 585 performance-based RSUs may vest in the first quarter of 2029, subject to meeting specified return on invested capital targets.

What performance conditions apply to Joseph LaDue’s 585 Terex (TEX) RSUs?

The 585 RSUs vest only if Terex achieves a targeted return on invested capital in each of 2026, 2027, and 2028. The number of units ultimately earned can increase or decrease depending on performance relative to the specified ROIC target levels.

How many Terex (TEX) shares and RSUs does Joseph LaDue hold after these grants?

After the March 15, 2026 grants, Joseph LaDue directly holds 20,516 shares and restricted stock units in total. This figure includes the newly awarded RSUs as well as previously reported restricted stock units accumulated from earlier long-term incentive awards.

Are Joseph LaDue’s new Terex (TEX) RSUs immediately payable in stock?

No, the RSUs represent contingent rights to receive Terex common shares in the future. The 1,755 units require continued employment through scheduled vesting dates, while the 585 units also depend on achieving specified return on invested capital performance targets before shares are delivered.