Terex insider reports minor tax share withholding
Terex Corporation insider Stephen Johnston reported a very small, routine tax-related share disposition.
Rhea-AI Filing Summary
Terex Corporation insider Stephen Johnston reported a very small, routine tax-related share disposition. On the vesting of previously granted restricted stock, 8 shares of Terex common stock were withheld at $58.73 per share to cover tax liabilities, classified as a tax-withholding disposition. After this non-market transaction, Johnston directly holds 17,708 Terex shares, including restricted stock units and shares received as dividends.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 8 shares
Exercise Price or Tax Liability
1 txn
Insider
JOHNSTON STEPHEN
Role
Former VP CAO and Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, $.01 par value | 8 | $58.73 | $469.84 |
Holdings After Transaction:
Common Stock, $.01 par value — 17,708 shares (Direct)
Footnotes (3)
- F1. Shares are being withheld for payment of the tax liability associated with the scheduled vesting of previously granted restricted stock.
- F2. Total includes previously reported restricted stock units.
- F3. Ownership includes shares received as a dividend.
FAQ
What insider transaction did TEREX CORP (TEX) report for Stephen Johnston?
Stephen Johnston reported a small tax-withholding disposition of Terex shares. On restricted stock vesting, 8 common shares were withheld at $58.73 each to pay associated tax liabilities, rather than being sold in the open market.
What does transaction code F mean in the TEX Form 4 filing?
Transaction code F in the TEX Form 4 indicates shares used to pay exercise price or taxes. In this case, 8 Terex shares were withheld specifically to satisfy tax liabilities from scheduled vesting of restricted stock, not as a voluntary market sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.