STOCK TITAN

Terex (NYSE: TEX) CFO adds shares through deferred compensation plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  1. Represents shares purchased through payroll deductions through the Company's Deferred Compensation Plan. Total includes previously reported restricted stock units.
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
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"
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SEC Form 4
FORM 4UNITED 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*
KONG-PICARELLO JENNIFER

(Last)(First)(Middle)
C/O TEREX CORPORATION
301 MERRITT 7

(Street)
NORWALK CONNECTICUT 06851

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TEREX CORP [ TEX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Senior Vice President, CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock, $ .01 par value06/04/2026A31(1)A$63.2687,665(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares purchased through payroll deductions through the Company's Deferred Compensation Plan.
2. Total includes previously reported restricted stock units.
Remarks:
/s/ Scott J. Posner by power of attorney06/08/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.

How many Terex (TEX) shares does the CFO hold after this transaction?

After the transaction, the CFO directly holds 87,665 Terex common shares. This total includes both the newly acquired 31 shares and previously reported restricted stock units, representing her accumulated equity-based compensation in the company.

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.

How significant is the 31-share acquisition by the Terex (TEX) CFO?

The acquisition is relatively small compared with her 87,665 total shares. It appears to be a routine addition via the Deferred Compensation Plan, providing limited information about her broader view of the stock’s prospects.