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Former Terex (NYSE: TEX) VP has 1,886 shares withheld for taxes

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

Rhea-AI Filing Summary

Terex Corporation reported that former VP, CAO and Controller Stephen Johnston had 1,886 shares of common stock withheld on March 15, 2026 to cover tax liabilities from the scheduled vesting of previously granted restricted stock. This was a tax-withholding disposition, not an open-market sale. Following the withholding, Johnston directly owns 17,682 shares of Terex common stock, and this total includes previously reported restricted stock units.

Positive

  • None.

Negative

  • None.
Insider JOHNSTON STEPHEN
Role Former VP CAO and Controller
Type Security Shares Price Value
Tax Withholding Common Stock, $.01 par value 1,886 $59.41 $112K
Holdings After Transaction: Common Stock, $.01 par value — 17,682 shares (Direct)
Footnotes (1)
  1. Shares are being withheld for payment of the tax liability associated with the scheduled vesting of previously granted restricted stock. Total includes previously reported restricted stock units.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
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X
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*
JOHNSTON STEPHEN

(Last) (First) (Middle)
C/O TEREX CORP
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)
Former 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 F 1,886(1) D $59.41 17,682(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. Shares are being withheld for payment of the tax liability associated with the scheduled vesting of previously granted restricted stock.
2. Total includes previously reported restricted stock units.
Remarks:
/s/Scott J. Posner, by 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.
* 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.

FAQ

What insider transaction did Terex (TEX) report for Stephen Johnston?

Terex reported that former VP, CAO and Controller Stephen Johnston had 1,886 shares of common stock withheld to pay taxes on vesting restricted stock. This was a non-market, tax-withholding disposition rather than a traditional open-market purchase or sale of Terex shares.

Was the Terex (TEX) insider transaction an open-market sale of shares?

No, the transaction was not an open-market sale. 1,886 Terex common shares were withheld to satisfy tax liabilities from the scheduled vesting of previously granted restricted stock, a routine administrative event rather than a discretionary sale into the market by the insider.

How many Terex (TEX) shares does Stephen Johnston hold after this transaction?

After the tax-withholding disposition, Stephen Johnston directly holds 17,682 Terex common shares. According to the disclosure, this total includes previously reported restricted stock units, giving a consolidated view of his remaining equity position in the company after the vesting-related withholding.

What was the price used for the Terex (TEX) tax-withholding shares?

The 1,886 Terex common shares withheld for taxes were valued at $59.41 per share. This price is used solely for the tax-withholding calculation associated with the vesting of restricted stock, not as the result of an open-market trade on a stock exchange.

What does transaction code "F" mean in the Terex (TEX) Form 4?

Transaction code “F” indicates shares were disposed of to pay taxes or an exercise price. In this Terex filing, 1,886 shares were withheld to cover tax liabilities from the scheduled vesting of previously granted restricted stock, classifying it as a tax-withholding disposition.