Terex (TEX) HR chief granted 7,574 RSUs as shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Terex Corp senior vice president of human resources Amy George reported routine equity compensation activity. On March 15, 2026, 3,385 shares of common stock were withheld to cover tax liabilities tied to the scheduled vesting of previously granted restricted stock. On the same date, she received a grant of 7,574 restricted stock units at no cash cost, which will vest in three equal installments on March 15, 2027, March 15, 2028, and March 15, 2029, subject to continued employment. Following these transactions, she directly holds 105,917 shares of Terex common stock and has an additional 14 shares held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
GEORGE AMY
Role
Senior V.P. Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $.01 par value | 3,385 | $59.41 | $201K |
| Grant/Award | Common Stock, $.01 par value | 7,574 | $0.00 | -- |
| holding | Common Stock, $.01 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $.01 par value — 98,343 shares (Direct);
Common Stock, $.01 par value — 14 shares (Indirect, 401(k) plan)
Footnotes (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. The shares represent 7,574 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.
FAQ
What insider transactions did Terex (TEX) executive Amy George report?
Amy George reported a routine tax-withholding disposition of 3,385 Terex shares and a grant of 7,574 restricted stock units. The withheld shares covered taxes on previously vested restricted stock, while the new RSUs were issued as equity compensation with no cash paid.
Were Amy George’s Terex (TEX) Form 4 transactions open-market trades?
No, the transactions were not open-market trades. Shares were withheld to pay tax liabilities on vesting stock, and new restricted stock units were granted as compensation. These actions reflect administrative and incentive-plan activity rather than discretionary buying or selling in the market.
What are the terms of Amy George’s new Terex (TEX) restricted stock unit grant?
She received 7,574 restricted stock units, each representing a right to one Terex common share. The RSUs vest in three equal installments on March 15, 2027, March 15, 2028, and March 15, 2029, contingent on her continued employment with the company.