Terex (NYSE: TEX) executive reports RSU grants and 9,785-share tax withholding
Rhea-AI Filing Summary
Terex Corporation executive Kieran Hegarty reported routine equity compensation and related tax withholding. On March 15, 2026, 9,785 shares of common stock were withheld at $59.41 per share to cover taxes from the scheduled vesting of previously granted restricted stock.
On the same date, Hegarty received three new grants totaling 17,674 restricted stock units (RSUs). One grant of 6,186 RSUs will vest in three equal installments on March 15, 2027, March 15, 2028, and March 15, 2029, contingent on continued employment. Two grants of 5,744 RSUs each will vest in the first quarter of 2029, subject to Terex achieving specified return on invested capital and total shareholder return performance targets for 2026–2028.
Following these transactions, Hegarty directly owns 178,826 shares of Terex common stock, which includes previously reported restricted stock units.
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FAQ
What did Terex (TEX) executive Kieran Hegarty report in this Form 4?
How many Terex (TEX) shares were withheld for Kieran Hegarty’s taxes?
What new RSU awards did Kieran Hegarty receive from Terex (TEX)?
Are Kieran Hegarty’s new Terex (TEX) RSUs time-based or performance-based?
How many Terex (TEX) shares does Kieran Hegarty own after these transactions?
Do these Terex (TEX) Form 4 transactions indicate open-market buying or selling?