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Terex (NYSE: TEX) director awarded 3,760 common shares as retainer

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

Rhea-AI Filing Summary

Terex Corporation director Oluseun Salami received a stock grant as part of board compensation. On this Form 4, Salami was awarded 3,760 shares of Terex common stock at a reference price of $71.81 per share, classified as a grant or award acquisition.

The shares were granted under one of the company’s long-term incentive plans as payment of the annual director retainer. Following this grant and previously received dividend shares, Salami directly owns a total of 16,740 Terex common shares, reflecting routine, compensation-related ownership growth rather than an open-market purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Salami Oluseun
Role null
Type Security Shares Price Value
Grant/Award Common Stock, $ .01 par value 3,760 $71.81 $270K
Holdings After Transaction: Common Stock, $ .01 par value — 16,740 shares (Direct, null)
Footnotes (1)
  1. Shares granted pursuant to one of the Company's long-term incentive plans representing payment of annual director retainer. Ownership includes shares received as a dividend.
Shares granted 3,760 shares Director stock grant on 2026-06-26
Grant price per share $71.81 per share Reference price for awarded shares
Shares owned after grant 16,740 shares Direct holdings following transaction
long-term incentive plans financial
"Shares granted pursuant to one of the Company's long-term incentive plans representing payment of annual director retainer."
Long-term incentive plans are multi-year pay programs that reward executives and key employees with stock, options, or cash bonuses when the company hits future performance goals. Think of it like paying someone with a portion of the business or future bonuses to keep them focused on growing the company over several years. Investors watch these plans because they influence executive decisions, potential share dilution, and whether management’s goals line up with long-term shareholder value.
annual director retainer financial
"Shares granted pursuant to one of the Company's long-term incentive plans representing payment of annual director retainer."
Common Stock, $ .01 par value financial
"Common Stock, $ .01 par value"
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Form 4 Insider Transactions: What Each Field Means →
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*
Salami Oluseun
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026		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 value06/26/2026A3,760(1)A$71.8116,740(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. Shares granted pursuant to one of the Company's long-term incentive plans representing payment of annual director retainer.
2. Ownership includes shares received as a dividend.
Remarks:
/s/Scott J. Posner, power of attorney06/30/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Terex (TEX) director Oluseun Salami report in this Form 4?

Director Oluseun Salami reported receiving 3,760 Terex common shares as a stock grant. The award was made under a company long-term incentive plan and represents payment of his annual director retainer rather than an open-market transaction.

Is the Terex (TEX) Form 4 transaction a stock purchase or a compensation grant?

The Form 4 transaction is a compensation grant, not a market purchase. Salami received 3,760 common shares as a grant under a long-term incentive plan, representing payment of his annual director retainer in stock.

How many Terex (TEX) shares does Oluseun Salami own after this grant?

After the grant, Salami directly owns 16,740 Terex common shares. This total includes the newly granted 3,760 shares and shares previously received as dividends, reflecting his ongoing equity-based director compensation position.

What price per share is reported for the Terex (TEX) director stock grant?

The reported reference price for the director stock grant is $71.81 per share. This price is used for reporting the value of the 3,760 granted shares on the Form 4 and reflects the compensation measurement, not an open-market trade.

Is there any indication of a Rule 10b5-1 trading plan in this Terex (TEX) Form 4?

No reference to a Rule 10b5-1 trading plan appears in the provided Form 4 details. The filing instead describes a routine grant of 3,760 shares as annual director retainer compensation under a long-term incentive plan.