Terex (NYSE: TEX) executive logs forfeiture and grant of company stock

Rhea-AI Filing Summary

Terex Corp executive Patrick S. Carroll, President of Environmental Solutions, reported routine share adjustments involving company stock. On February 27, 2026, he disposed of 62 shares of common stock to the issuer, reflecting forfeited restricted shares from 2025 performance awards, and acquired 16 performance shares granted because the company exceeded performance targets for the period ended December 31, 2025. Following these transactions, he directly held 92,619 shares of common stock, a total that includes previously reported restricted stock units.

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

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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^*

CARROLL PATRICK S

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Pres., Environmental Solutions

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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, $ .01 par value	02/27/2026		D		62(1)	D	$0	92,603(2)	D
Common Stock, $ .01 par value	02/27/2026		A		16(3)	A	$0	92,619(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects shares of restricted stock forfeited by Mr. Carroll pursuant to the terms of performance awards granted in 2025.

2. Total includes previously reported restricted stock units.

3. Performance shares awarded pursuant to the terms of performance based awards granted in 2025 resulting from the Company's exceeding performance targets set out in such grant for the period ended December 31, 2025.

Remarks:

	/s/ Scott J. Posner by power of attorney	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did Patrick S. Carroll report at TEREX CORP (TEX)?

Patrick S. Carroll reported a disposition of 62 common shares to Terex and an acquisition of 16 performance shares. These changes reflect forfeited restricted stock from 2025 awards and new performance shares granted after exceeding 2025 performance targets.

How many TEREX CORP (TEX) shares does Patrick S. Carroll hold after this Form 4?

After the reported transactions, Patrick S. Carroll directly holds 92,619 shares of Terex common stock. This total includes previously reported restricted stock units and reflects both the forfeiture of 62 restricted shares and the grant of 16 performance shares.

What was the nature of the 62-share disposition reported by Patrick S. Carroll at TEX?

The 62-share disposition was a transfer of shares back to Terex, classified as a disposition to the issuer. Footnotes explain these were restricted shares forfeited under the terms of 2025 performance awards, not an open-market sale for cash.

Why did Patrick S. Carroll receive 16 performance shares of TEREX CORP (TEX)?

He received 16 performance shares as part of performance-based awards granted in 2025. The shares were awarded because the company exceeded performance targets set in those awards for the period ending December 31, 2025, with no price paid per share.

Did Patrick S. Carroll buy or sell TEREX CORP (TEX) stock on the open market?

The Form 4 does not show open-market buys or sells. Instead, it reports a 62-share disposition to the issuer from forfeited restricted stock and a 16-share performance award grant, both at a reported price of $0.00 per share.

What do the footnotes in Patrick S. Carroll’s Form 4 for TEX explain?

The footnotes clarify that 62 shares were forfeited restricted stock from 2025 performance awards, the total holdings include previously reported restricted stock units, and the 16 acquired shares are performance shares awarded after Terex exceeded 2025 performance targets.