Terex (TEX) Aerials president granted 17,674 RSUs and has tax shares withheld

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Terex Corporation executive Joshua Gross, President - Aerials, reported equity compensation and related tax withholding. On March 15, 2026, the company granted him three awards totaling 17,674 restricted stock units (RSUs): 6,186 time-based RSUs vesting in equal thirds on March 15, 2027, 2028, and 2029, and two separate 5,744-unit RSU grants that vest in the first quarter of 2029 if specified return on invested capital and total shareholder return performance targets are achieved. On the same date, 1,891 shares of common stock were withheld to cover tax liabilities from the scheduled vesting of previously granted restricted stock. Following these transactions, he directly holds 54,520 shares of Terex common stock, $0.01 par value.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Gross Joshua

Role President - Aerials

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock, $ .01 par value	1,891	$59.41	$112K
Grant/Award	Common Stock, $ .01 par value	6,186	$0.00	--
Grant/Award	Common Stock, $ .01 par value	5,744	$0.00	--
Grant/Award	Common Stock, $ .01 par value	5,744	$0.00	--

Holdings After Transaction: Common Stock, $ .01 par value — 36,846 shares (Direct)

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 6,186 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. The shares represent 5,744 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 in the first quarter of 2029 if the Company achieves a targeted return on invested capital ("ROIC") in each of 2026, 2027 and 2028. The number of RSUs in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted ROIC. The shares represent 5,744 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 in the first quarter of 2029 if the Company achieves a targeted percentile rank against a peer group of companies for three year annualized total shareholder return ("TSR") for the period January 1, 2026 - December 31, 2028. The number of RSUs in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted percentile rank.

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Form 4 Insider Transactions: What Each Field Means →

03/17/2026 - 05:48 PM

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^*

Gross Joshua

(Last)

(First)

(Middle)

C/O TEREX CORPORATION

301 MERRITT 7

(Street)

NORWALK

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)
	President - Aerials

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, $ .01 par value	03/15/2026		F		1,891⁽¹⁾	D	$59.41	36,846⁽²⁾	D
Common Stock, $ .01 par value	03/15/2026		A		6,186⁽³⁾	A	$0	43,032⁽²⁾	D
Common Stock, $ .01 par value	03/15/2026		A		5,744⁽⁴⁾	A	$0	48,776⁽²⁾	D
Common Stock, $ .01 par value	03/15/2026		A		5,744⁽⁵⁾	A	$0	54,520⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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.

3. The shares represent 6,186 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.

4. The shares represent 5,744 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 in the first quarter of 2029 if the Company achieves a targeted return on invested capital ("ROIC") in each of 2026, 2027 and 2028. The number of RSUs in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted ROIC.

5. The shares represent 5,744 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 in the first quarter of 2029 if the Company achieves a targeted percentile rank against a peer group of companies for three year annualized total shareholder return ("TSR") for the period January 1, 2026 - December 31, 2028. The number of RSUs in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted percentile rank.

Remarks:

	/s/Scott J. Posner, 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Terex (TEX) executive Joshua Gross report in his latest Form 4?

Joshua Gross reported new equity compensation and related tax withholding. He received three restricted stock unit grants totaling 17,674 units and had 1,891 shares withheld to cover taxes from vesting of earlier restricted stock.

How many Terex (TEX) RSUs were granted to Joshua Gross on March 15, 2026?

Joshua Gross received 17,674 restricted stock units on March 15, 2026. This includes 6,186 time-based RSUs and two performance-based grants of 5,744 units each tied to future ROIC and TSR performance conditions.

What are the vesting terms of Joshua Gross’s new Terex (TEX) RSU awards?

One 6,186-unit RSU grant vests one-third each on March 15, 2027, 2028, and 2029. Two 5,744-unit performance RSU grants vest in the first quarter of 2029 if specified ROIC and TSR targets for 2026–2028 are achieved.

Why were 1,891 Terex (TEX) shares disposed of in Joshua Gross’s Form 4?

The 1,891-share disposition reflects tax withholding, not an open-market sale. Shares were withheld to pay taxes associated with the scheduled vesting of previously granted restricted stock, as described in the filing footnotes.

How many Terex (TEX) shares does Joshua Gross hold after these transactions?

After the reported transactions, Joshua Gross directly holds 54,520 shares of Terex common stock. The total includes previously reported restricted stock units, according to the disclosure accompanying the Form 4.

Are Joshua Gross’s new Terex (TEX) RSU awards performance-based?

Two of the three new RSU awards are performance-based. One 5,744-unit grant depends on achieving targeted ROIC for 2026–2028, and another 5,744-unit grant depends on achieving a targeted TSR percentile rank versus a peer group.