Terex (TEX) CEO Simon Meester has 49 shares withheld for tax payment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Terex Corp President and CEO Simon Meester reported a small, routine tax-related share disposition. On March 20, 2026, 49 shares of common stock were withheld at $58.73 per share to cover taxes from the scheduled vesting of previously granted restricted stock. After this withholding, he directly holds 328,370 shares, which total includes previously reported restricted stock units and shares received as dividends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MEESTER SIMON
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $.01 par value | 49 | $58.73 | $3K |
Holdings After Transaction:
Common Stock, $.01 par value — 328,370 shares (Direct)
Footnotes (1)
- Shares are being withheld for payment of the tax liability associated with the scheduled vesting of previously granted restricted stock. Total includes previously reported restricted stock units. Ownership includes shares received as a dividend.
FAQ
What insider transaction did Terex (TEX) CEO Simon Meester report?
Simon Meester reported a tax-related share withholding. On March 20, 2026, 49 Terex common shares were withheld at $58.73 each to pay tax liabilities tied to vesting of previously granted restricted stock.
Was the Terex (TEX) CEO’s Form 4 transaction an open-market sale?
No, it was not an open-market sale. The 49 shares were withheld by the company to satisfy tax obligations from scheduled restricted stock vesting, a routine administrative event rather than a discretionary market sale.
What does the tax-withholding code F mean in the Terex (TEX) Form 4?
Code F indicates shares withheld to cover tax liabilities. In this case, Terex withheld 49 shares from Simon Meester upon vesting of restricted stock to pay associated taxes instead of using cash.