STOCK TITAN

Terex (NYSE: TEX) awards 3,760 shares to board member

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Steele Kathleen M. reported acquisition or exercise transactions in this Form 4 filing.

Terex Corporation director Kathleen M. Steele received a grant of 3,760 shares of common stock. The shares were granted at $71.81 per share under one of the company’s long-term incentive plans as payment of her annual director retainer. After this award, she directly holds 16,287 Terex shares, a figure that the disclosure notes includes previously reported restricted stock units and shares received as dividends.

Positive

  • None.

Negative

  • None.
Insider Steele Kathleen M.
Role null
Type Security Shares Price Value
Grant/Award Common Stock, $ .01 par value 3,760 $71.81 $270K
Holdings After Transaction: Common Stock, $ .01 par value — 16,287 shares (Direct, null)
Footnotes (1)
  1. Shares granted pursuant to one of the Company's long-term incentive plans representing payment of annual director retainer. Total includes previously reported restricted stock units. Ownership includes shares received as a dividend.
Shares granted 3,760 shares Director stock grant for annual retainer
Grant price per share $71.81 per share Value used for the June 26, 2026 grant
Total shares after transaction 16,287 shares Direct holdings following the reported grant
Transaction code A (grant, award, or other acquisition) Indicates compensation-related share acquisition
Transaction direction acquire Classification from Form 4 data
long-term incentive plans financial
"Shares granted pursuant to one of the Company's long-term incentive plans"
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.
annual director retainer financial
"representing payment of annual director retainer"
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.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Steele Kathleen M.

(Last)(First)(Middle)
C/O TEREX CORPORATION
301 MERRITT 7, 4TH FLR

(Street)
NORWALK CONNECTICUT 06851

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TEREX CORP [ TEX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock, $ .01 par value06/26/2026A3,760(1)A$71.8116,287(2)(3)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares granted pursuant to one of the Company's long-term incentive plans representing payment of annual director retainer.
2. Total includes previously reported restricted stock units.
3. Ownership includes shares received as a dividend.
Remarks:
/s/ Scott J. Posner by power of attorney06/30/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Terex (TEX) director Kathleen M. Steele report on this Form 4?

Kathleen M. Steele reported receiving 3,760 Terex common shares. The shares were granted as part of her annual director retainer under a company long-term incentive plan, increasing her direct holdings to 16,287 shares after the transaction.

Was the Terex (TEX) Form 4 transaction an open-market stock purchase or sale?

The transaction was not an open-market trade; it was a grant. Steele received 3,760 shares as a grant or award, categorized as compensation under a long-term incentive plan, rather than buying or selling shares in the market.

How many Terex (TEX) shares does Kathleen M. Steele hold after this award?

After the award, Steele directly holds 16,287 Terex shares. This total includes the newly granted 3,760 shares, previously reported restricted stock units, and shares that she had received earlier as dividends, according to the disclosure footnotes.

What price per share is reported for the Terex (TEX) stock grant to Kathleen M. Steele?

The reported price per share for the grant is $71.81. This value reflects the per-share figure used in the Form 4 for the 3,760-share award, which is tied to her annual director retainer compensation in stock.

Is the Terex (TEX) Form 4 transaction for Kathleen M. Steele part of a long-term incentive plan?

Yes, the shares were granted under one of Terex’s long-term incentive plans. The footnotes state the grant represents payment of her annual director retainer, indicating it is routine director compensation rather than a discretionary market transaction.