Director Kathleen Steele (NYSE: TEX) granted 1,587 Terex shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Terex Corporation director Kathleen M. Steele reported an acquisition of company stock through a compensation-related transaction. On March 5, 2026, she acquired 1,587 shares of Terex common stock at a price of $66.19 per share as a grant or award.
According to the footnote, these shares were purchased under the company’s Deferred Compensation Plan, representing payment of a prorated annual director retainer, rather than an open-market purchase. After this transaction, Steele directly owned 12,518 shares of Terex common stock, a figure that the filing notes includes previously reported restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Steele Kathleen M.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $ .01 par value | 1,587 | $66.19 | $105K |
Holdings After Transaction:
Common Stock, $ .01 par value — 12,518 shares (Direct)
Footnotes (1)
- Represents shares purchased under the Company's Deferred Compensation Plan representing payment of prorata annual director retainer. Total includes previously reported restricted stock units.
FAQ
What did Kathleen M. Steele report in her latest Form 4 for TEX?
Kathleen M. Steele reported acquiring 1,587 shares of Terex common stock on March 5, 2026. The shares were granted under the company’s Deferred Compensation Plan as prorated annual director retainer, bringing her direct holdings to 12,518 shares, including previously reported restricted stock units.
Was the TEX Form 4 transaction for Kathleen M. Steele an open-market buy or a grant?
The transaction was a grant or award acquisition, not an open-market buy. The filing states the 1,587 shares were purchased under Terex’s Deferred Compensation Plan as payment of a prorated annual director retainer for Steele’s board service.