Terex Corp (NYSE: TEX) CFO adds 20 shares through deferred compensation plan
Rhea-AI Filing Summary
Terex Corp (TEX) reports that Senior Vice President and CFO Jennifer Kong-Picarello acquired 20 shares of common stock on August 5, 2026 at $66.40 per share. The shares were purchased through payroll deductions under the company's Deferred Compensation Plan. Following this acquisition, she directly holds 87,817 shares, and this total includes previously reported restricted stock units.
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Insider Trade Summary
Net Buyer: 20 shares
Net Buy
1 txn
Insider
KONG-PICARELLO JENNIFER
Role
Senior Vice President, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $ .01 par value F1, F2 | 20 | $66.40 | $1K |
Holdings After Transaction:
Common Stock, $ .01 par value — 87,817 shares (Direct)
Footnotes (2)
- F1. Represents shares purchased through payroll deductions through the Company's Deferred Compensation Plan.
- F2. Total includes previously reported restricted stock units.
Key Figures
Shares acquired: 20 shares
Price per share: $66.40
Shares owned after: 87,817 shares
3 metrics
Shares acquired
20 shares
Common stock acquired on August 5, 2026 through payroll deductions
Price per share
$66.40
Acquisition price for Terex common stock on August 5, 2026
Shares owned after
87,817 shares
Direct holdings of Jennifer Kong-Picarello following the reported acquisition, including previously reported RSUs
Key Terms
Deferred Compensation Plan, payroll deductions, restricted stock units
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.
payroll deductions financial
"Represents shares purchased through payroll deductions through the Company's Deferred Compensation Plan"
Payroll deductions are amounts automatically taken out of an employee’s paycheck before they receive it. These can include taxes, retirement contributions, or insurance premiums. For investors, payroll deductions indicate how much money individuals set aside for savings or benefits, affecting their disposable income and overall financial stability.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Terex Corp (TEX) report for Jennifer Kong-Picarello?
Terex Corp reported that CFO Jennifer Kong-Picarello acquired 20 shares of common stock on August 5, 2026. The acquisition was coded as a grant or other acquisition and occurred through payroll deductions under the company’s Deferred Compensation Plan.
Does the reported Terex (TEX) ownership total include restricted stock units?
Yes. A footnote states that the total post-transaction holding of 87,817 shares “includes previously reported restricted stock units.” This means her direct holdings figure combines common shares and those previously disclosed RSUs.