Terex CEO reports share forfeiture and award
Terex Corporation president and CEO Simon Meester reported offsetting equity compensation changes.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock, $.01 par value | 2,823 | $0.00 | $0.00 |
| Grant/Award | Common Stock, $.01 par value | 72 | $0.00 | $0.00 |
Footnotes (4)
- F1. Reflects shares of restricted stock forfeited by Mr. Meester pursuant to the terms of performance awards granted in 2023, 2024 and 2025.
- F2. Total includes previously reported restricted stock units.
- F3. Ownership includes shares received as a dividend.
- F4. 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.
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