STOCK TITAN

Terex (NYSE: TEX) director David Sachs gifts 15,000 company shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Terex Corp director David A. Sachs reported a bona fide gift transfer of 15,000 shares of common stock. The gift carried a price of $0.00 per share and was coded as a charitable or personal gift transaction. Following this transfer, he directly held 275,088 Terex common shares. Sachs also reported indirect holdings of 137,500 shares through a family LLC and 8,300 shares held by his wife, and he disclaims beneficial ownership of these indirectly held shares.

Positive

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Negative

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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*
SACHS DAVID A

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

(Street)
NORWALK CT 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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
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)
Code V Amount (A) or (D) Price
Common Stock, par value $.01 02/24/2026 G 15,000 D $0 275,088(1) D
Common Stock, par value $.01 137,500 I By family LLC
Common Stock, par value $.01 8,300(2) I By Wife
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Ownership includes shares received as a dividend.
2. Mr. Sachs disclaims the beneficial ownership of such shares.
Remarks:
/s/Scott J. Posner, by power of attorney 02/26/2026
** 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.

FAQ

What insider transaction did David A. Sachs report for TEREX CORP (TEX)?

David A. Sachs reported a bona fide gift transfer of 15,000 shares of Terex common stock. The transaction was coded as a gift at $0.00 per share, reducing his directly held shares while not representing an open-market sale or purchase.

How many TEREX CORP shares does David A. Sachs own directly after this Form 4?

After the reported gift, David A. Sachs directly holds 275,088 shares of Terex common stock. This figure reflects his remaining direct ownership position following the 15,000-share bona fide gift transaction disclosed in the Form 4 filing.

Were the 15,000 TEREX CORP shares sold or gifted by David A. Sachs?

The 15,000 Terex shares were gifted, not sold, by David A. Sachs. The Form 4 lists the transaction with code G, described as a bona fide gift, and shows a transaction price of $0.00 per share, indicating no sale proceeds.

What indirect TEREX CORP share holdings are associated with David A. Sachs?

Indirectly, David A. Sachs reported 137,500 Terex shares held by a family LLC and 8,300 shares held by his wife. Footnotes state he disclaims beneficial ownership of these shares, meaning he does not claim full economic or voting benefits from those positions.

Does David A. Sachs receive proceeds from the reported TEREX CORP share transfer?

No, the reported transfer is a bona fide gift at $0.00 per share, so Sachs receives no sale proceeds. The transaction reflects a disposition by gift, not an open-market or privately negotiated sale of Terex common stock.

What does the Form 4 footnote disclose about David A. Sachs’ TEREX CORP holdings?

The footnote notes that ownership includes shares received as a dividend and that David A. Sachs disclaims beneficial ownership of certain shares. This typically applies to indirectly held shares, such as those in a family LLC or held by a spouse.
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111.87M
Farm & Heavy Construction Machinery
Industrial Trucks, Tractors, Trailers & Stackers
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United States
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