Terex director granted 3,760 shares
Terex Corporation director Oluseun Salami received a stock grant as part of board compensation.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $ .01 par value | 3,760 | $71.81 | $270K |
Footnotes (2)
- F1. Shares granted pursuant to one of the Company's long-term incentive plans representing payment of annual director retainer.
- F2. Ownership includes shares received as a dividend.
Key Figures
Key Terms
long-term incentive plans financial
annual director retainer financial
Common Stock, $ .01 par value financial
FAQ
What did Terex (TEX) director Oluseun Salami report in this Form 4?
Is the Terex (TEX) Form 4 transaction a stock purchase or a compensation grant?
Is there any indication of a Rule 10b5-1 trading plan in this Terex (TEX) Form 4?
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