Terex (TEX) CEO logs share forfeiture and new performance-based award

Rhea-AI Filing Summary

Terex Corporation president and CEO Simon Meester reported offsetting equity compensation changes. He disposed of 2,823 shares of common stock in a transaction coded as a disposition to the issuer, reflecting restricted shares forfeited under performance awards granted in 2023, 2024 and 2025.

On the same date, he acquired 72 shares through a grant or award tied to performance-based awards granted in 2025 after the company exceeded performance targets for the period ended December 31, 2025. Following these transactions, his directly held common stock, including previously reported restricted stock units and shares received as dividends, totaled 237,764 shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider MEESTER SIMON

Role President and CEO

Type	Security	Shares	Price	Value
Disposition	Common Stock, $.01 par value	2,823	$0.00	--
Grant/Award	Common Stock, $.01 par value	72	$0.00	--

Holdings After Transaction: Common Stock, $.01 par value — 237,692 shares (Direct)

Footnotes (1)

1. Reflects shares of restricted stock forfeited by Mr. Meester pursuant to the terms of performance awards granted in 2023, 2024 and 2025. Total includes previously reported restricted stock units. Ownership includes shares received as a dividend. Performance shares awarded pursuant to the terms of performance based awards granted in 2025 resulting from the Company's exceeding performance targets set out in such grant for the period ended December 31, 2025.

Form 4 Insider Transactions: What Each Field Means →

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
hours per response:			0.5

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^*

MEESTER SIMON

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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	02/27/2026		D		2,823(1)	D	$0	237,692(2)(3)	D
Common Stock, $.01 par value	02/27/2026		A		72(4)	A	$0	237,764(2)(3)	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. Reflects shares of restricted stock forfeited by Mr. Meester pursuant to the terms of performance awards granted in 2023, 2024 and 2025.

2. Total includes previously reported restricted stock units.

3. Ownership includes shares received as a dividend.

4. Performance shares awarded pursuant to the terms of performance based awards granted in 2025 resulting from the Company's exceeding performance targets set out in such grant for the period ended December 31, 2025.

Remarks:

	/s/Scott J. Posner, by power of attorney	03/03/2026
	** 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 transactions did Terex (TEX) CEO Simon Meester report?

Simon Meester reported one disposition and one acquisition of Terex common stock. He forfeited 2,823 restricted shares back to the company and received 72 performance-based shares, leaving him with 237,764 directly held shares after the transactions.

Why did the Terex (TEX) CEO forfeit 2,823 restricted shares?

The 2,823 forfeited shares were restricted stock returned to Terex under the terms of performance awards granted in 2023, 2024 and 2025. Such forfeitures typically occur when award provisions require adjustments based on performance conditions.

What did the Terex (TEX) CEO receive in the 72-share acquisition?

The 72 acquired shares represent performance shares awarded under 2025 performance-based awards. They were granted because Terex exceeded performance targets specified for the period ended December 31, 2025, resulting in additional common stock for the CEO.

How many Terex (TEX) shares does Simon Meester hold after these transactions?

After the reported transactions, Simon Meester directly holds 237,764 Terex common shares. This total includes previously reported restricted stock units and shares he received as dividends, according to the ownership footnotes in the filing.

Are the Terex (TEX) CEO’s transactions open-market buys or sells?

The transactions are not open-market buys or sells. One is a disposition to the issuer, reflecting forfeited restricted stock, and the other is a grant or award of performance shares based on the company’s achievement of specified performance targets.