Terex (NYSE: TEX) CFO adds shares through deferred compensation plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Terex Corporation Senior Vice President and CFO Jennifer Kong-Picarello reported acquiring additional company stock through a compensation-related plan. On June 4, 2026, she obtained 31 shares of common stock at $63.26 per share, described as purchased via payroll deductions under the company's Deferred Compensation Plan.
Following this small acquisition, she directly holds 87,665 shares of Terex common stock. The total includes previously reported restricted stock units, reflecting both past equity awards and this routine, plan-based share purchase rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KONG-PICARELLO JENNIFER
Role
Senior Vice President, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $ .01 par value | 31 | $63.26 | $2K |
Holdings After Transaction:
Common Stock, $ .01 par value — 87,665 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: 31 shares
Price per share: $63.26 per share
Total holdings after transaction: 87,665 shares
3 metrics
Shares acquired
31 shares
Common stock acquired on June 4, 2026
Price per share
$63.26 per share
Acquisition price for 31 shares
Total holdings after transaction
87,665 shares
Direct ownership following June 4, 2026 acquisition
Key Terms
Deferred Compensation Plan, restricted stock units, Grant, award, or other acquisition
3 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"
FAQ
What did Terex (TEX) CFO Jennifer Kong-Picarello report in this Form 4?
She reported acquiring 31 shares of Terex common stock. The shares were obtained on June 4, 2026, through payroll deductions under the company’s Deferred Compensation Plan, reflecting a routine compensation-related acquisition rather than an open-market purchase.
Was this Terex (TEX) CFO transaction an open-market stock purchase?
No, it was not an open-market purchase. The 31 shares were acquired through payroll deductions under Terex’s Deferred Compensation Plan, making it a compensation-plan acquisition rather than a discretionary buy on the open market.
What does the transaction code "A" mean in this Terex (TEX) Form 4?
The transaction code “A” indicates a grant, award, or other acquisition of shares. In this case, it reflects shares obtained through a company compensation program, not a typical market trade initiated at the insider’s discretion.