Terex VP LaDue granted new RSU awards
LaDue Joseph reported acquisition or exercise transactions in this Form 4 filing.
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.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $ .01 par value | 1,755 | $0.00 | $0.00 |
| Grant/Award | Common Stock, $ .01 par value | 585 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. Total includes previously reported restricted stock units.
- F3. 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.
FAQ
What stock awards did Terex (TEX) executive Joseph LaDue receive?
When do Joseph LaDue’s new Terex (TEX) RSUs vest?
What performance conditions apply to Joseph LaDue’s 585 Terex (TEX) RSUs?
Are Joseph LaDue’s new Terex (TEX) RSUs immediately payable in stock?
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