Terex (TEX) former VP uses 1,799 shares to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TEREX CORP former VP, CAO and Controller Stephen Johnston reported a routine tax-related share disposition. On May 13, 2026, 1,799 shares of common stock were withheld at $62.82 per share to cover the tax liability from vesting of previously granted restricted stock. After this withholding, Johnston directly held 15,909 shares, and this total includes previously reported restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JOHNSTON STEPHEN
Role
Former VP CAO and Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $.01 par value | 1,799 | $62.82 | $113K |
Holdings After Transaction:
Common Stock, $.01 par value — 15,909 shares (Direct, null)
Footnotes (1)
- Shares are being withheld for payment of the tax liability associated with the vesting of previously granted restricted stock. Total includes previously reported restricted stock units.
Key Figures
Shares withheld for taxes: 1,799 shares
Withholding price per share: $62.82 per share
Shares held after transaction: 15,909 shares
3 metrics
Shares withheld for taxes
1,799 shares
Tax-withholding disposition on May 13, 2026
Withholding price per share
$62.82 per share
Value used for tax-withholding shares
Shares held after transaction
15,909 shares
Direct ownership after tax withholding, includes RSUs
Key Terms
tax-withholding disposition, restricted stock, restricted stock units
3 terms
tax-withholding disposition financial
"classified as a tax-withholding disposition, not a discretionary market sale"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock financial
"tax liability associated with the vesting of previously granted restricted stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
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.
FAQ
What insider transaction did TEREX CORP (TEX) report for Stephen Johnston?
TEREX CORP reported that former VP, CAO and Controller Stephen Johnston had 1,799 common shares withheld. The shares covered tax liabilities tied to vesting of previously granted restricted stock, rather than an open-market sale.
What does the F code mean in the TEREX CORP (TEX) Form 4?
The F transaction code indicates shares were used to pay the exercise price or tax liability. In this case, 1,799 shares of TEREX CORP common stock were withheld specifically to satisfy tax obligations from restricted stock vesting.