Terex (TEX) executive adds shares through Deferred Compensation Plan acquisition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Terex Corporation executive Patrick S. Carroll acquired 37 shares of common stock valued at $63.36 per share through payroll deductions under the company’s Deferred Compensation Plan.
Following this compensation-related acquisition, he directly holds 102,180 shares of Terex common stock, which total includes previously reported restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CARROLL PATRICK S
Role
Pres., Environmental Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $ .01 par value | 37 | $63.36 | $2K |
Holdings After Transaction:
Common Stock, $ .01 par value — 102,180 shares (Direct, null)
Footnotes (1)
- Represents shares purchased through payroll deductions through the Company's Deferred Compensation Plan. Total includes previously reported restricted stock units.
Key Figures
Shares acquired: 37 shares
Price per share: $63.36 per share
Total shares held after: 102,180 shares
3 metrics
Shares acquired
37 shares
Common stock purchased via payroll deductions
Price per share
$63.36 per share
Acquisition price for the 37 shares
Total shares held after
102,180 shares
Direct holdings after transaction, including RSUs
Key Terms
Deferred Compensation Plan, restricted stock units, Grant, award, or other acquisition, Common Stock, $ .01 par value
4 terms
Deferred Compensation Plan financial
"Represents shares purchased through payroll deductions through the Company's Deferred Compensation Plan."
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
restricted stock units financial
"Total includes previously reported restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock, $ .01 par value financial
"security_title: Common Stock, $ .01 par value"
FAQ
What insider transaction did Terex (TEX) report for Patrick S. Carroll?
Terex reported that executive Patrick S. Carroll acquired 37 shares of common stock. The shares were obtained at $63.36 each through payroll deductions under the company’s Deferred Compensation Plan, reflecting a routine, compensation-linked increase in his direct holdings.
Was the Terex (TEX) insider transaction an open-market purchase or a compensation award?
The transaction was classified as a grant, award, or other acquisition, not an open-market purchase. The footnotes clarify the 37 shares were purchased through payroll deductions under Terex’s Deferred Compensation Plan, making it a compensation-related acquisition rather than a discretionary market trade.
Does the Terex (TEX) Form 4 indicate any derivative securities for Patrick S. Carroll?
The Form 4 derivative summary is empty, indicating no derivative securities transactions were reported in this filing. The activity solely involved non-derivative common stock acquired through the Deferred Compensation Plan, with no options, warrants, or similar instruments listed.
How is the Deferred Compensation Plan involved in this Terex (TEX) insider transaction?
The filing notes that the 37 shares represent purchases through payroll deductions under Terex’s Deferred Compensation Plan. This plan allows the executive to accumulate company stock as part of deferred compensation, creating an automatic, programmatic method of acquiring shares over time.